Bitcoin (BTC) Analysis – October 20, 2025

■ Weekly Close:

The Bitcoin price closed at 108,649, above the pivotal support level, and although it is considered a relatively negative close, it is seen as positive in terms of holding above the critical area, keeping the possibility of continued upward momentum.

■ Current Situation:

After the recent downtrend, the price bounced from the pivotal support area of 103,531 – 101,324, where clear buying strength emerged, and the price managed to return and stabilize above the support level of 108,000 – 106,000.

Currently, the price is moving above this area, and with the momentum continuing, a retest of the next resistance area between 115,726 – 118,492 remains strongly possible. A breakout of this resistance and holding above it will support the price rise towards the areas of 121,360 – 122,763, and with the upward momentum continuing, the movement may extend towards 132,000 reaching up to 157,000.

■ Alternative Scenario:

If the price fails to hold above the level of 108,000 – 106,000, we may see a pullback towards the next support at 103,531 – 101,324 for a retest again.

■ Technical Levels:

📌 Resistance:

* Current Resistance: 111,844

* Major Resistance: 115,726 – 118,492

* First Target: 121,360 – 122,763 (+9.3% — +1