Bitcoin: 2 Key Set-Ups For A Higher Price

Summary Bitcoin (BTC-USD) has not yet peaked in this cycle in my opinion, with consolidation suggesting further upside potential. BTC's price lags behind global M2 money supply, indicating room for a catch-up rally to at least $150,000. A bullish divergence on the daily chart and historical RSI patterns support the likelihood of a new all-time ￰0￱ should be aware of bitcoin's volatility and trading ￰1￱ the sharp sell-off for Bitcoin ( BTC-USD ) on Friday October 10, 2025, I see two key set-ups that could drive the price to new all-time highs. I don't think that the peak price has been reached yet in this current price ￰2￱ price cycle may last longer than the previous two which both lasted 1,064 days from the price bottom to the ￰3￱ this cycle lasts as long as the previous two cycles, we would peak this month in October.

However, I don't think we reached the peak yet in this current price ￰4￱ consolidation period is lasting longer than ￰5￱ price has been consolidating between $100k and the $120k range for a few months now. I think there is more room for bitcoin to rise in this cycle because we haven't seen the RSI increase to the extreme level above 90 yet on the monthly chart. Here's what that looks like: Bitcoin (BTC-USD) Monthly Price Chart w/ RSI & MACD (TradingView) We can see in bitcoin's monthly chart above that the RSI increased above 90 in both of the previous price cycles in 2017 and ￰6￱ is indicated by the areas shaded in green in the middle of the chart as the purple RSI line moved deep into overbought ￰7￱ RSI has been hovering around the 70 level, which is just touching the overbought ￰8￱ there is no guarantee that bitcoin will move deep into overbought territory in this cycle, I do see two key set-ups that indicates that higher prices are ￰9￱ Price and Global M2 Money Supply Global M2 Money Supply ￰10￱ Price (Bgeometrics.

com) The price of bitcoin tends to correlate well with global M2 money ￰11￱ the chart above, the black line in the chart above is the price of bitcoin while the blue line is the global M2 money ￰12￱ how the price of bitcoin remained above the M2 money supply line during the previous halving cycles. However, bitcoin has been lagging the global M2 money supply in the current price cycle. I think that the price of bitcoin has some catching up to ￰13￱ course, I can't guarantee that bitcoin will rise above the global M2 money supply line. I do think that bitcoin will close the gap to at least match the global M2 money supply ￰14￱ has trended well with the M2 line during its lifetime.

So, the current gap shows that the price has some catching up to do in my opinion. Bitcoin's Bullish Set-up on the Daily Chart Bitcoin's (BTC-USD) Daily Chart w/ RSI & MACD (TradingView) The second reason why I think bitcoin will move higher from here is due to a bullish divergence between the price and the ￰15￱ is indicated as the price of bitcoin made a lower low from September 26 to October ￰16￱ the same time, the RSI indicator in the middle of the chart made a higher ￰17￱ divergences like this typically indicate a price bottom and a likely reversal from what I have ￰18￱ last bullish divergence on the daily chart occurred between July and ￰19￱ one was considered a hidden bullish divergence where the price makes a higher low while the RSI makes a lower low over the same ￰20￱ divergence resulted in bitcoin rising from $112k to over $124k.

The current bullish set-up could drive bitcoin to test the all-time high. Then, we will have to watch for a potential breakout to a new all-time ￰21￱ Risks for Investing in Bitcoin Investors of bitcoin must realize that the price can fluctuate ￰22￱ during bull market cycles, the price can have 20% to 30% ￰23￱ price declines during bear markets are much more severe with losses of about 80% from the peak to the ￰24￱ a result, investors may consider trading bitcoin between the low points and high points over the long-term price cycles to maximize ￰25￱ can be done by studying the monthly chart. Otherwise, having a long-term view and accumulating and holding might be preferable for other ￰26￱ is possible that my theory for a new all-time high won't ￰27￱ current price cycle may have already ￰28￱ price of bitcoin might decouple from the global M2 money supply.

While, I don't think those are likely scenarios, the possibility does exist. Bitcoin's Outlook Bitcoin remains the best performing asset class since its ￰29￱ should still have upside in the current price ￰30￱ price should reach at least $150,000 in this cycle in my ￰31￱ would be 10x higher than the last price bottom of about $15k. Of course, the price could go higher or top out at a lower ￰32￱ the peak of each price cycle has been reached, significant sell-offs of about 80% to 85% have occurred. So, it is possible that this pattern continues.

Therefore, those who wish to lock in profits before the likely bear market occurs should attempt to sell near the ￰33￱ the past, this was indicated by the RSI indicator reaching deep into overbought territory above ￰34￱ long term for bitcoin looks positive as the price tends to make new highs after each halving cycle. So, a buy and hold or dollar-cost-averaging strategy can also work for investors.