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Home»Altcoins»Bitcoin Price Prediction Today: Bulls Target $116K This Weekend
Altcoins

Bitcoin Price Prediction Today: Bulls Target $116K This Weekend

2025-10-26No Comments2 Mins Read
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Bitcoin price prediction

The post Bitcoin Price Prediction Today: Bulls Target $116,000 This Weekend appeared first on Coinpedia Fintech News

Bitcoin has confirmed a break above $111,000, showing strength after several weeks of sideways movement. The move comes as inflation numbers in the United States came in slightly better than expected, sending both stocks and digital assets higher.

Inflation is falling, stocks are rising

The latest consumer price index report showed an annual increase of 3 percent, slightly below the expected 3.1 percent. That small difference gave markets a slight boost, with the S&P 500 moving closer to record highs.

Bitcoin often moves in line with the major stock indices, and the broader uptrend in equities continues to support a positive tone for digital assets. Historically, Bitcoin has not entered a deep downturn, while US stocks have reached new highs.

Momentum is building, but there is resistance ahead

Bitcoin remains in a larger uptrend on the weekly chart. The super trend indicator remains green, indicating an active bull phase. Still, a loss of momentum is visible, which could cause prices to continue moving sideways for several weeks.

The last daily candle closed at around $111,000, above the previous ceiling of almost $110,000. Staying above this level is important now. If the price falls below this, the recent breakout could fade. If it stays above that, the next area to watch is between $114,000 and $116,000, where previous selling occurred.

Market liquidity maps next steps

Heatmap data shows a build-up of activity above the current price, mainly around $114,000 and $116,000. These zones can pull the market higher as positions decrease. Still, movement could slow within this range, as past responses often appear at the same level.

See also  Bitcoin Funding Rate Drops to Critical Level – Short Squeeze Is Coming?

Short upward bursts or small pullbacks are both likely during this phase. Overall, this type of move indicates a cooling of the market before moving in a new direction.

Outlook for the coming weeks

The broader picture remains favorable. Inflation is stable, stock markets are firm and digital assets continue to attract new interest.

Bitcoin could remain between $110,000 and $116,000 before building strength for a bigger advance. A clean move above $116,000 would leave room for further gains, while a decline below $110,000 would likely trigger another short-term correction.

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116K Bitcoin Bulls Prediction Price Target Today weekend
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