Bitcoin Price Could See A New All-Time High Above $126,000 If It Breaks This Critical Level

The Bitcoin value is positioning for a probably explosive transfer that would take it effectively beyond its previous all-time highs. Analysts are carefully watching a essential resistance degree close to $116,000, which can function the ultimate hurdle earlier than BTC catapults into uncharted territory above $126,000. 

Analyst Predicts New Bitcoin Value All-Time Excessive

Crypto analyst Donny Dicey revealed in an X social media publish this week that the $116,000 value degree is the decisive zone Bitcoin should breach to substantiate a breakout towards a brand new all-time excessive. His technical evaluation suggests that when BTC achieves a clear break above this resistance space, momentum might swiftly carry it above $126,000. 

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Notably, Bitcoin set a brand new ATH on October 6, 2025, after breaking by means of its earlier report above $124,000 and climbing past $126,000. Since attaining this degree, the value of BTC has fallen dramatically to $115,000. Dicey’s accompanying chart exhibits the market steadily recovering after testing help close to $108,000, marked as a “market construction break” area, with bullish value motion consolidating above $109,000. 

The analyst has emphasised that every day Bitcoin maintains an in depth above $109,000 strengthens the chance of a robust upward swing because the market heads into November. This era coincides with the Federal Open Market Committee’s (FOMC) subsequent assembly, the place buyers are anticipating dovish indicators comparable to fee cuts or the formal finish of Quantitative Tightening (QT).

Dicey additionally notes that bullish S&P 500 earnings, easing world commerce tensions from a possible settlement between US President Donald Trump and China’s President Xi Jinping, and enhancing ISM manufacturing information level to a macro atmosphere supportive of threat belongings. A group member commented that whales might have underestimated how a lot BTC’s demand tends to persist throughout these situations. Dicey responded that the identical whales would possibly develop into “exit liquidity” as Bitcoin accelerates increased, probably lacking out on the strongest section of this cycle. 

Consolidation Above January Highs Sign Unbreakable Power

In a follow-up evaluation, Dicey highlighted Bitcoin’s outstanding stability above its January highs, describing its value construction as “unbreakable” amid world macroeconomic uncertainty. He pointed to a number of converging elements that reinforce BTC’s resilience, together with ongoing fiscal and financial enlargement, a weakening US greenback, and renewed confidence within the world enterprise cycle. 

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The analyst additionally emphasised that geopolitical tensions tied to US-China relations look like subsiding. On the similar time, ETF inflows and exponential development within the Synthetic Intelligence (AI) sector contribute to performing as tailwinds for digital belongings. He disclosed that regardless of robust underlying fundamentals, skepticism stays widespread available in the market.

Based on him, many nonetheless consider within the conventional four-year cycle narrative, whereas retail enthusiasm has not totally returned. Moreover, the Russell 2000 index has but to breakout, and rotation from conventional belongings, such because the S&P 500 and gold, into Bitcoin stays restricted. With these developments subduing broader market participation, Dicey suggests it creates the proper setup for a strong rally in BTC as soon as sentiment shifts decisively.

Featured picture from Pixabay, chart from Tradingview.com