On Oct. 2, 2025, bitcoin extended its upward trajectory with price action reflecting strong bullish momentum across multiple timeframes. Market structure and indicators from the 1-hour, 4-hour, and daily charts reveal sustained strength, with several technical setups hinting at further upside potential following recent breakouts and consolidations.
Bitcoin Chart Outlook and Price Prediction
On the daily chart, bitcoin broke decisively above a mini-consolidation zone around $114,000–$116,000, signaling a bullish trend continuation. A strong green candle forming between October 1 and 2, coupled with increasing trading volume, suggests institutional participation or large-scale accumulation.
The market’s ability to reclaim levels above $118,000 after a downtrend throughout September solidifies the trend reversal. A potential pullback toward the $116,500–$117,500 zone may offer a favorable long entry point, while resistance is anticipated near the psychological barrier at $124,000–$125,000.
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