Bitcoin Price Prediction: $115K Breakout or Dead Cat Bounce?

Markets 2025-10-31 09:56

Bitcoin price prediction is the central focus this week as BTC clings to key support above $110,000, even amid mixed macro signals and rising political attention. 

Germany’s AfD party has proposed that Bitcoin be officially recognized as a national asset, signaling growing state-level adoption. 

At the same time, Fed policy shifts and on-chain transparency partnerships are reshaping trader sentiment. 

While Bitcoin traders await a confirmed breakout above $115,000, momentum is rapidly shifting toward Bitcoin Hyper ($HYPER), a Solana-based Bitcoin Layer 2 that just crossed $25.2 million raised in its presale.

BTC Faces Crucial Resistance at $115K After Double Bottom Setup

Bitcoin is showing signs of strength, having bounced off the $108,000 level and now attempting to reclaim control above the $115,000 neckline. 

A double-bottom pattern has emerged, hinting at a possible bullish reversal, but momentum remains limited by macroeconomic uncertainty and technical hesitation. The RSI is currently around 49, suggesting a neutral stance among buyers and sellers. 

On the MACD, the histogram is still slightly positive, but the lack of strong divergence indicates a potential stalling point near current prices.

Bitcoin Price Prediction: 5K Breakout or Dead Cat Bounce?

The key level to watch is $117,600, which aligns with the 0.618 Fibonacci level. If Bitcoin manages to close above this threshold, analysts expect a renewed push toward $120,500 and possibly $124,150. 

On the downside, failure to break $115K could lead to a drop toward $112,250, and if that level breaks, traders are eyeing $108,600 and even $105,500 as possible support targets. 

These levels align with mid-term bearish outlooks highlighted in technical forecasts, though upcoming Fed moves may shift sentiment quickly.

Global Headlines Fuel Broader Bitcoin Price Prediction Models

Institutional and political narratives are beginning to factor heavily into Bitcoin price prediction this quarter. The most notable development came from Germany, where the AfD party submitted a proposal to formally designate Bitcoin as a national strategic reserve. 

This move follows broader trends in Europe, where crypto-friendly tax frameworks and digital asset policies are gaining traction. AfD’s proposal includes maintaining VAT exemptions for Bitcoin and protecting self-custody rights, both of which align with long-term hodler incentives.

On the industry side, TeraWulf’s pivot from Bitcoin mining to AI infrastructure has been interpreted as a bullish move. 

Their $500 million raise marks a strategic diversification into GPU-powered data centers, signaling that institutional capital is still finding value in Bitcoin-adjacent infrastructure. 

Meanwhile, Binance has partnered with BubbleMaps, integrating token transparency directly into its Web3 Wallet. This gives traders the ability to visualize wallet clusters and spot insider behavior, helping clean up token ownership visibility across major coins, including BTC.

Bitcoin Price Prediction: 5K Breakout or Dead Cat Bounce?

Fed policy is also a wildcard. The upcoming rate cut to 4.00% is already priced in by 99.9% of futures traders, with another reduction expected by year-end.

Bitcoin Hyper Presale Blows Past $25M as BTC Infrastructure Gets Faster

Bitcoin Price Prediction: 5K Breakout or Dead Cat Bounce?

While Bitcoin wrestles with resistance, Bitcoin Hyper ($HYPER) is speeding ahead with a live presale that just exceeded $25.2 million in contributions. 

Designed as the first Bitcoin-native Layer 2 chain built using the Solana Virtual Machine (SVM), Bitcoin Hyper introduces unprecedented speed and scalability into the Bitcoin ecosystem. 

It enables lightning-fast smart contracts, meme coin creation, and dApp development – all secured by Bitcoin but executed with Solana-level performance.

At the current price of $0.013195 per $HYPER, the token is still early in its lifecycle. The protocol has no VC allocations, and the presale dashboard is fully public, giving it a transparency score that rivals any Bitcoin alt-L2 project. 

Analysts have started calling it the “first real Bitcoin speed layer” because of how it solves BTC’s persistent latency and throughput problems using proven Solana infrastructure.

Why $HYPER Is Attracting BTC Traders Before the Next Breakout

Bitcoin’s price action may be stuck in a range, but Bitcoin Hyper is already moving fast – both in funding and adoption. It is solving one of the core problems that has plagued Bitcoin since inception: speed. 

By integrating Solana’s virtual machine into a Bitcoin-secured chain, $HYPER allows BTC to do more than store value. It enables the Bitcoin community to deploy contracts, launch tokens, and interact with apps that would normally require EVM or alternative L2s.

This functional advantage is why traders looking for exposure to Bitcoin upside without the macro risk are now accumulating $HYPER. The token’s price is set to rise once the presale cap is reached, and based on current trajectory, the final stages may close out faster than expected. 

Bitcoin Price Prediction: 5K Breakout or Dead Cat Bounce?

Investors who missed early Solana, Base, or Arbitrum launches are now positioning early in Bitcoin Hyper as a low-friction way to enter the infrastructure layer of Bitcoin 2.0.

As Bitcoin awaits a technical breakout and Germany’s policy motion gains steam, $HYPER is executing live. That’s the difference attracting capital.

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This content is for informational purposes only and does not constitute investment advice.

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