Rally

Momentum

Gains

<h1 id="a-href-https-buy-magacoinfinance-com-coindoob-rel-noopener-noreferrer-nofollow-img-loading-lazy-alt-width-1452-height-181-a"><a href="https://buy.magacoinfinance.com/coindoob" rel="noopener noreferrer nofollow"><img loading="lazy" alt="" width="1452" height="181"></a></h1>
<p>The world’s largest cryptocurrency is now trading at $118,651, holding strong gains after clearing the $117,000 barrier.</p>
<p>On-chain data suggests this breakout could pave the way for a move toward $139,000. <strong><a href="https://x.com/ali_charts/status/1973666765373673974" rel="noopener noreferrer nofollow">According</a></strong> to analyst Ali, Bitcoin’s surge beyond $117,000 has placed it firmly within the next pricing band, with historical patterns indicating that the upper target now sits near $139K.</p>
<p><img loading="lazy" src="https://coindoo.com/wp-content/uploads/2025/10/G2Pdq8QXAAAvbOG.jpeg" alt="" width="1200" height="675"></p>
<h2 id="liquidations-fuel-the-breakout">Liquidations Fuel the Breakout</h2>
<p>Crypto Rover, another closely followed analyst, highlighted that the move coincided with a liquidity grab in the $118K–$120K region, where a significant cluster of short positions was liquidated. “Bitcoin is squeezing out all of the bears now,” Rover <strong><a href="https://x.com/rovercrc/status/1973659970291003494" rel="noopener noreferrer nofollow">said</a></strong>, pointing to heatmap data showing the liquidation levels being cleared.</p>
<p><img loading="lazy" src="https://coindoo.com/wp-content/uploads/2025/10/G2OpP47aIAYGlfa.jpeg" alt="" width="1944" height="1178"></p>
<h2 id="technical-setup-points-to-more-upside">Technical Setup Points to More Upside</h2>
<p>A weekly chart retest shows Bitcoin bouncing cleanly from a prior resistance zone, which has now flipped into support. Analysts <strong><a href="https://x.com/rovercrc/status/1973669784509378900" rel="noopener noreferrer nofollow">describe</a></strong> this as a “perfect retest,” reinforcing the idea that Bitcoin may have built a strong foundation for its next rally.</p>
<div class="read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light">
 <h5 class="text-uppercase border-bottom mb-3 pb-1 d-none d-md-block">READ MORE:</h5> <a href="https://coindoo.com/altcoins-face-billions-in-unlocks-just-as-q4-rally-season-begins/" rel="noopener noreferrer nofollow">
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   <span> <img src="https://coindoo.com/wp-content/uploads/2025/04/crypto-token-unlocks.webp"> </span>
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   <h4 class="title mb-0">Altcoins Face Billions in Unlocks Just as Q4 Rally Season Begins</h4>
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</div>
<p>Meanwhile, momentum indicators show renewed strength. The daily RSI sits above 63, signaling positive momentum without yet entering the overheated zone. Traders are watching closely to see whether Bitcoin can maintain its footing above $118K and extend toward higher targets.</p>
<p><img loading="lazy" src="https://coindoo.com/wp-content/uploads/2025/10/Screenshot-2025-10-02-at-14.01.50-scaled.png" alt="" width="2560" height="1153"></p>
<p>With multiple resistance levels now cleared, Bitcoin’s market structure suggests the rally could continue into the final quarter of 2025, with eyes set firmly on $139,000 as the next milestone.</p>
<p style="text-align: center;"><em><strong>The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or <a rel="noopener noreferrer nofollow">cryptocurrency</a>. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.</strong></em></p>
<p>The post <a href="https://coindoo.com/market/bitcoin-rally-gains-momentum-as-bears-get-squeezed/" rel="noopener noreferrer nofollow">Bitcoin Rally Gains Momentum as Bears Get Squeezed</a> appeared first on <a href="https://coindoo.com" rel="noopener noreferrer nofollow">Coindoo</a>.</p>

Bitcoin Rally Gains Momentum as Bears Get Squeezed

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