Bitcoin slipped into a tight holding pattern and traded below a clean breakout threshold at 08:00 UTC as buyers and sellers marked a narrow corridor with clear levels above and below.
Session overview
According to CoinDesk Research’s technical analysis data model, bitcoin moved from $111,157 to $111,634 during the 24 hours ending October 25, 08:00 UTC, contained within a band of approx. $2,025 (about 1.8%). The session’s chart set resistance around $111,800–$111,900 and support near $109,800, with no dominant catalyst to force a sustained move.
Volume and intraday context
Trading activity peaked at 14:00 UTC on October 24, when volume rose to 23,728 BTC – about 180% above the 24-hour average of 8,200 BTC – while the price pushed to $109,818 and stabilized. In the last hour of the window, bitcoin fell from $111,745 to $111,545 (about 0.18%) as turnover cooled to around 85 BTC per minute against previously around 135 BTC per minute, and then rolled between $111,540 and $111,645 in line with consolidation.
What to see next
A clean break and hold above $112,000 at UTC closes would shift focus to $115,000. Losing $109,800 would bring $108,000 back into view.
CoinDesk 5 Index (CD5) snapshot
Over the same window, CD5 rebounded intraday from 1,920.75 to 1,961.57 before settling at 1,940.94 on October 25 at 08:00 UTC, leaving momentum mixed just below the 1,950 area.
Moving average
CoinDesk Research’s model places the 200-day near $108,000 and the 100-day near $115,000 as reference levels during the window ending October 25, 08:00 UTC.
Disclaimer: Portions of this article were generated with the help of AI tools and reviewed by our editorial staff to ensure accuracy and compliance with our standards. For more information, see CoinDesk’s full AI policy.
