$BTC Bitcoin has seen a sharp pullback, falling from its October highs above $120K down to the $90K–$95K range.

Tom's Hardware

Recently, though, BTC recovered ~4% from its lows, bouncing back into the $91K+ area.

The Economic Times

On‐chain data suggests a surge in accumulation: large “whale” wallets (holding 1,000+ BTC) are increasing, indicating that big players may be stepping in.

The Economic Times

Technical Picture

Some traders are eyeballing a double-bottom forming around $106K–$108K, though a clean breakout is needed to confirm a bullish reversal.

aiTrendview

+1

Key resistance sits around $120K–$125K — to get a sustained rally, BTC needs to clear that zone.

aiTrendview

Support around $107K–$110K appears relatively solid, with some shorter-term moving averages now beneath current levels, which provides a cushion.

aiTrendview

Macro & Fundamental Tailwinds

The Federal Reserve’s more dovish outlook is supportive: potential rate cuts make risk assets like Bitcoin more attractive.

Finance Magnates

On-chain network strength remains strong — high hashrate and active addresses suggest continued fundamental support.

aiTrendview

There’s also longer-term bullish sentiment from quantile regression models: one#BTC90kBreakingPoint predictive model forecasts a cycle top near $275K by Nov 2025 (though this is a high percentile, not a base case).

Cointelegraph

+1

Risks to Watch

If BTC fails to reclaim and hold $110K–$115K, it could stay range-bound or retest lower levels.

aiTrendview

Broader risk-off themes (geopolitics, macro liquidity) could weigh on further upside.

On-chain profit-taking by long-term holders and miners might cap price appreciation near resistance zones.#USStocksForecast2026 #StrategyBTCPurchase #BTC90kBreakingPoint #AltcoinMarketRecovery