Bitcoin (BTC), the most popular cryptocurrency, was able to reclaim its price of $115,000 on Monday. The market recovery appears to be stalling. The price of Bitcoin (BTC), which is currently at $112,000, has dropped again. In the past 24 hours, the crypto market capitalization has also fallen by 3.2% to $3.89 billion. According to CoinGecko’s BTC dataBitcoins’ price fell 2.8% within the last 24h, 9.9% during the past week, 1,8% on the charts for 14 days, and 3.2% in comparison to the prior month. Let’s talk about what Bitcoin’s (BTC) future holds in this article on price predictions.
Bitcoin price prediction: will prices recover?
The historical patterns seem to contradict October 2025. In the past, October was a positive month in the cryptocurrency market. This is especially true for Bitcoin. Some even refer to the month as “Uptober.” But macroeconomic problems seem to be weighing down the cryptomarket.
It is likely that the market collapse earlier in this month resulted from trade conflicts between China and the US. Bitcoin (BTC), and the larger cryptocurrency market, showed signs of recovery once both countries agreed on a deal. Today’s market decline could however be due to the Federal Reserve chair Jerome Powell speaking later today. Powell’s talk will most likely provide some clues as to the US economic policies. The market participants are likely to take positions in response to what Powell says.
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Bitcoin (BTC), if the Federal Reserve announced another rate reduction, could enter another bullish phase. Bitcoin (BTC) could reach a record high. BTC could face a consolidation if Federal Reserve maintains rates.
According to CoinCodex analysts, Bitcoin (BTC) will continue to rally In the months to come, we expect BTC prices will continue to rise. Platform predicts BTC will reach a new record high of $144,535 by December 24. A rally of 28.9% is required to reach $144,535.
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Source: watcher.guru
