Bitcoin (BTC) has gone up by 1% in the past 24 hours and has managed to stay above $100,000, as bulls seem to be fighting tooth and nail to keep it above this key psychological threshold.
The past 30 days have been for BTC. During this period, the token has shed 18% of its value as investors perceive that macroeconomic conditions are worsening. The head of the Federal Reserve, Jerome Powell, emphasized that the central bank may not cut rates in December, as the market initially expected.
This triggered a wave of selling that has caused over $3 billion in long liquidations for traders since the month started.
After posting a 6-day streak of withdrawals, net inflows toward exchange-traded funds (ETFs) linked to Bitcoin turned positive once again. This may favor a bullish Bitcoin price prediction.
Whales running the same playbook again ?$BTC pic.twitter.com/6OiGTibmaH
— AlΞx Wacy ? (@wacy_time1) November 7, 2025
Trader Alex Wacy, whose account is followed by more than 200,000 users on X, believes that BTC has entered a phase of accumulation from which it will climb back and reach new highs.
He sees the token staying in a range between $110,000 and $100,000 before the next leg up. During this period, the ‘smart money’ will accumulate as many tokens as they can at the lowest possible price to prepare for Bitcoin’s upcoming breakout.
Bitcoin Price Prediction: BTC Needs to Climb Above $106K to Confirm Trend Reversal
The daily chart shows that BTC has made it back above $100,000 for four days in a row, including this one, emphasizing that buying pressure at this level remains quite strong.
This sets the stage for a strong climb in the next few days, possibly eyeing the $110,000 level as the first stop. This does not necessarily mean that the downtrend is over, but it is an encouraging signal that the market may have hit a local bottom.
A closer look at the market structure, the $106,500 area seems to be the pivotal level that would confirm a trend reversal. Hence, that would be the buy signal that could mark the beginning of another leg up.
The Relative Strength Index (RSI) also has to move above the 14-day moving average to confirm the beginning of an uptrend, as that would indicate that positive momentum is accelerating.
If BTC does make it back to $125,000, it is highly likely that we will get another all-time high before the end of the year.
Top crypto presales like Bitcoin Hyper ($HYPER) will be the first to benefit from BTC’s recovery. This project has raised more than $26 million to launch the first true L2 for this network, leveraging the power of Solana to kickstart a new era for BTCFi.
Bitcoin Hyper ($HYPER) Presale Brings Smart Contracts and Speed to Bitcoin
Bitcoin Hyper ($HYPER) is rewriting what Bitcoin can do. Built as the first true layer 2 for the top blockchain, it tackles its biggest issues like slow speeds, high fees, and lack of programmability.
The project achieves this by adding a high-performance layer that supports smart contracts, dApps, and scalable payments. All of which is made possible through the Solana-based Hyper L2.
BTC holders will safely send their tokens to the Hyper Bridge, and get the corresponding amount in the L2 with near-instant finality. Once in there, they can earn yield, stake, and lend their assets on a wide range of dApps created for these purposes.
Analysts see $HYPER’s rising rapidly once top wallets and exchanges start to embrace the Hyper L2. At its discounted presale price, early buyers will reap the highest returns once the token is picked up and listed on CEXs.
To buy $HYPER, simply visit the Bitcoin Hyper official website and connect your wallet. You can either swap USDT or SOL for this token or use a bank card to invest.
