Bitcoin Price Prediction: BTC Rebounds to $102,000, Major Investment Firm Buys the Dip, Geopolitical Concerns Persist

Bitcoin (BTC) has shown resilience in the face of geopolitical tensions, rebounding to $102,000 after a brief dip. This article explores recent market movements, institutional interest, and potential future trends for the leading cryptocurrency.

Bitcoin Falls to $98,200 Due to US Strike on Strategic Facilities

Over the weekend, Bitcoin experienced a significant drop, touching $98,200 following news of U.S. military action against strategic facilities in a Middle Eastern country. This geopolitical development triggered a risk-off sentiment across global markets, leading to substantial liquidations in the crypto space. According to data from a prominent crypto analytics platform, over $656 million worth of positions were liquidated in a 24-hour period, affecting 187,016 traders.

Major Investment Firm Buys Bitcoin During Price Drop

Despite the market turbulence, institutional interest in Bitcoin remains strong. A prominent Japanese investment firm announced the acquisition of an additional 1,111 BTC, bringing their total holdings to 11,111 BTC. This move demonstrates continued confidence in Bitcoin's long-term potential among institutional investors, even in the face of short-term volatility.

Bitcoin Price Prediction: BTC Price May Recover to Fill Gap, Then Decline

Technical analysis suggests two potential scenarios for Bitcoin's near-term price action:

1. A recovery towards the 50-day Exponential Moving Average (EMA) at $102,968 and the high-volume price level of $103,800.
2. A move to fill the futures gap between $101,705 and $103,365, followed by a potential resumption of the downtrend.

Key technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) provide mixed signals, suggesting caution for traders. A decisive move above $103,800 could signal further recovery, while failure to hold above recent lows might lead to a deeper correction.

Current Time

As of October 31, 2025, the cryptocurrency market continues to navigate through a complex landscape of technological advancements, regulatory developments, and global economic factors.

Output Language

This analysis has been provided in English, as requested.

Conclusion

Bitcoin's recent price action reflects the ongoing interplay between geopolitical tensions and institutional adoption. While short-term volatility persists, the continued interest from major investment firms underscores the growing acceptance of Bitcoin as a strategic asset. Investors and traders should remain vigilant, considering both technical indicators and broader market factors in their decision-making process. As the crypto market matures, its resilience in the face of global events will be a key factor in determining its long-term viability and adoption.

FAQ

What is the trend for Bitcoin today?

Bitcoin is up 0.30% today, currently at $111,302. Its market cap is $2.22T with a circulating supply of 19.94M BTC.

When will Bitcoin be fully mined?

Bitcoin will be fully mined in 2140. Currently, new coins are mined every 10 minutes, with a total supply of 21 million coins. This is by design.