{"id":176276,"date":"2025-10-20T14:19:04","date_gmt":"2025-10-20T11:19:04","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=176276"},"modified":"2025-10-20T14:19:04","modified_gmt":"2025-10-20T11:19:04","slug":"bitcoin-price-prediction-as-crypto-market-rebounds-btc-to-120k-this-week","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-price-prediction-as-crypto-market-rebounds-btc-to-120k-this-week\/","title":{"rendered":"Bitcoin Price Prediction as Crypto Market Rebounds: BTC to $120K This Week?"},"content":{"rendered":"

Last week was wild, even by crypto\u2019s standards. The flash crash on October 10 wiped out $131 billion \u2013 the biggest 24-hour drop in the market\u2019s history. Bitcoin (BTC) plunged to under $110,000 in minutes, while Ethereum dropped 16% and altcoins were wrecked by as much as 50%.<\/p>\n

It seemed that confidence had hit rock bottom. But after more rollercoaster price action last week, the past weekend and today have a different feel. The market has managed to flip green again, and buyers seem to be creeping back in.<\/p>\n

Bitcoin is already back trading above $110,000 and starting to look steady for the first time in weeks. With volatility easing and positive momentum building, our latest Bitcoin price prediction could put $120,000 back on the table as early as this week.<\/p>\n

And if Bitcoin does push to $120,000, the ripple effect could be massive for altcoins \u2013 especially those linked to BTC. One name already attracting attention is Bitcoin Hyper (HYPER)<\/a>, a new Layer-2 solution for Bitcoin that has raised more than $24 million in presale so far.<\/p>\n

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Bitcoin Bulls Regain Control as Positive Momentum Builds<\/h2>\n

Bitcoin<\/a> is up 4% in the past 24 hours and 7% since Friday\u2019s low of $103,550. After a turbulent week, it looks like the bulls are finally regaining control, with BTC now on track for its third straight green daily close.<\/p>\n

Market data paints the same picture. Spot trading volumes have more than doubled since yesterday, while open interest<\/a> in Bitcoin perpetuals is up over 4% \u2013 a sign that traders are back in risk-on mode.<\/p>\n

\"Crypto<\/p>\n

On top of that, over $300 million<\/a> in short positions were liquidated in the past 24 hours, clearing out bearish leverage as prices push higher. And although the Crypto Fear & Greed Index is still stuck in \u201cFear\u201d territory, it\u2019s starting to rise again.<\/p>\n

After last week\u2019s chaos, this shift in sentiment could be the first hint that the market\u2019s turbulence is over. If this momentum holds, Bitcoin could be primed for an extended rally.<\/p>\n

Bitcoin Price Prediction \u2013 Can BTC Hit $120K This Week?<\/h2>\n

With Bitcoin hovering just above $110,000, a move to $120,000 is only an 8% jump \u2013 and the coin\u2019s price was there as recently as ten days ago. So, it\u2019s not exactly a stretch.<\/p>\n

The first hurdle is minor resistance around $112,000 on the 4-hour chart, where multiple wicks suggest there will be strong selling pressure. A clean breakout and confirmation above that level could open the door to $115,800, and once that\u2019s cleared, there\u2019s little standing between Bitcoin and $120,000.<\/p>\n

\"BTC<\/p>\n

Also, we have a busy macro week ahead. Thursday brings U.S. jobless claims, home sales, and the Chicago Fed Activity Index \u2013 all key reads on the economy\u2019s direction. But the biggest event is Friday\u2019s CPI report<\/a>. If inflation comes in softer than expected, it would pretty much confirm another U.S. interest rate cut.<\/p>\n

Rate cuts are bullish for crypto because they typically weaken the dollar, pushing investors toward \u201criskier\u201d assets like BTC. So, if Bitcoin can flip $112,000 into support and macro data cooperates, a push to $120,000 is possible this week.<\/p>\n

Altcoin Rotation Could Send Bitcoin Hyper Soaring as Presale Passes $24M Mark<\/h2>\n

When Bitcoin starts rising again, altcoins usually follow \u2013 and this time, the focus could be on projects expanding what Bitcoin can do. One of the most talked-about right now is Bitcoin Hyper (HYPER)<\/a>, a Layer-2 network in presale that\u2019s going viral on Crypto Twitter.<\/p>\n

What\u2019s catching the most attention is Bitcoin Hyper\u2019s architecture. The team is building a modular Layer-2 network powered by the Solana Virtual Machine (SVM), designed to bring high-speed transactions, smart contract capability, and dApp integrations to Bitcoin\u2019s blockchain.<\/p>\n