Bitcoin slipped into a tight hold pattern, trading below a sharp breakout threshold at 08:00 UTC as buyers and sellers outlined a narrow corridor with clear levels above and below.
Session Overview
According to CoinDesk Research’s technical analysis data model, Bitcoin rose from $111,157 to $111,634 in the 24 hours ending October 25 at 08:00 UTC, contained within a band of around $2,025 (around 1.8%). The session map placed resistance between $111,800 and $111,900 and support around $109,800, with no dominant catalyst to force a sustained move.
Intraday Volume and Context
Trading activity peaked at 2:00 p.m. UTC on October 24, when volume reached 23,728 BTC – approximately 180% above the 24-hour average of 8,200 BTC – while the price fell to $109,818 and stabilized. During the last hour of the window, bitcoin fell from $111,745 to $111,545 (around 0.18%) as the turnover cooled to around 85 BTC per minute from around 135 BTC per minute previously, then wound up between $111,540 and $111,645, consistent with consolidation.
What to watch next
A clear break and hold above $112,000 at the UTC close would shift the focus towards $115,000. Losing $109,800 would bring back $108,000.
CoinDesk Index 5 (CD5) Snapshot
During the same window, CD5 rebounded intraday from 1920.75 to 1961.57 before stabilizing at 1940.94 on October 25 at 08:00 UTC, leaving mixed momentum just below the 1950 area.
Moving averages
CoinDesk Research’s model places the 200 days near $108,000 and the 100 days near $115,000 as reference levels during the window ending October 25 at 08:00 UTC.
Disclaimer: Portions of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance. our standards. For more information, see CoinDesk Comprehensive AI Policy.
