Bitcoin News Today: Bitcoin Faces $100K Turning Point as Bulls and Bears Clash in $250K Battle

Bitcoin Price Swings Sharply as Experts Argue Over $100K Floor and $250K Upside

On October 22, 2025, Bitcoin (BTC) traded around $108,200, with market participants eyeing a possible golden cross on the 3-day chart—a technical indicator often associated with major upward moves. After reaching a record high of $125,761 earlier in the month, the cryptocurrency has been consolidating between $107,000 and $114,000, according to a

. Experts are split on whether this sideways action is a brief pause or signals a larger pullback ahead.

Technical analysts pointed out that the 50-day and 200-day moving averages are converging near $108,200, and a confirmed golden cross could open the door to a rally toward $125,000–$130,000, as highlighted by crypto.news. Meanwhile, the Crypto Fear and Greed Index plunged to 25, reflecting heightened investor anxiety, according to a

. Despite this, institutional interest remains strong, with spot ETFs from BlackRock and Fidelity continuing to see steady inflows, the Timestabloid report noted.

Mike Novogratz, CEO of Galaxy Digital, identified $100,000 as a crucial support level, cautioning that a drop below this point could send prices down to the $100,000–$105,000 range, as reported by crypto.news. On the other hand, a move above $115,000 could spark renewed bullishness, especially if broader economic factors are favorable, Novogratz told

.

Some analysts remain guardedly positive, while others set their sights higher. Novogratz stated that reaching $250,000 by year-end would require "a lot of extraordinary events," given there are only 10 weeks left in 2025, according to a

. He pointed to two main drivers for a breakout: regulatory clarity from the CLARITY Act or possible intervention by Donald Trump at the Federal Reserve, as he also mentioned to Yahoo Finance.

In contrast, bullish voices like Fundstrat’s Tom Lee and BitMEX’s Arthur Hayes are sticking to their $250,000 predictions, citing the halving cycle, increased institutional involvement, and global liquidity trends, as referenced in the TradingView piece. Geoffrey Kendrick of VanEck shared a similar outlook, projecting a $200,000 target by year-end and advising investors to "buy the dip" if prices fall below $100,000, according to a

.

Upcoming economic releases, such as the October 24 CPI data and the Federal Reserve’s October 29 FOMC meeting, could add to short-term volatility, analysts wrote in a

. IncomeSharks analysts observed that Bitcoin’s price has been moving within an upward channel since late 2023, suggesting a possible short-term dip to $100,000 before resuming its longer-term climb toward $150,000 by mid-2026, the Coinotag analysis stated.

Bitcoin’s 18% pullback in October has been described as a "liquidity-driven mid-cycle reset" rather than a new bear market, with VanEck noting that leverage has normalized and institutional activity in regulated markets is increasing, the Bitcoin Magazine report said. On-chain data also points to a maturing market, with daily active addresses rising to 722,000 and monthly transfer volume reaching $86 billion, the report added.

Although Bitcoin remains the main focus, other leading cryptocurrencies such as

(ETH), , and (SOL) are also being closely watched. Analysts believe that if Bitcoin holds above $100,000, altcoins could follow its lead.

The next few weeks are expected to be crucial for Bitcoin’s direction. A confirmed golden cross, regulatory shifts, or geopolitical events could determine whether the market consolidates or embarks on a sustained rally. As Novogratz remarked, "Bitcoin is still a 50-vol asset," highlighting the asset’s inherent volatility and the frequency of significant price swings, the TradingView piece concluded. Investors remain divided between caution and optimism, with $100,000 acting as both a psychological milestone and a key indicator for the severity of the ongoing crypto winter.