Bitcoin Price Prediction: $109k Hold Ignites ‘Uptober’ Rally Talk – Is This the BTC Catalyst?

Bitcoin is trading flat at $109,500 after a solid week for spot and derivatives ￰0￱ to CoinGlass, over $850 million in leveraged positions were liquidated in 24 hours on September 26, showing just how fragile the sentiment ￰1￱ sell-off is due to macro headwinds and technical ￰2￱ Fed’s hawkish guidance in mid-September spooked investors when inflation numbers came in hotter than expected and the US dollar hit multi-month ￰3￱ combination crushed risk assets including stocks and digital ￰4￱ September 25, Reuters reported that upbeat ￰5￱ data fueled fresh doubts over whether the Fed would deliver swift rate ￰6￱ equities logged their steepest decline in more than three weeks, adding another layer of pressure on crypto ￰7￱ Cap: $2.18 trillion 24h Volume: $24.6 billion BTC Dominance: 50%+ share of total crypto market cap Bitcoin Technical Outlook: Trendlines Define Risk From a charting perspective, Bitcoin price prediction remains under pressure following a breakdown from its rising channel.

A descending trendline now caps rallies, with strong resistance near $112,000. Both the 50- and 100-period simple moving averages slope downward, forming a bearish crossover that reinforces selling ￰8￱ Price Chart –) Combines BTC Security With Solana Speed Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM). Its goal is to expand the BTC ecosystem by enabling lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin ￰9￱ combining BTC’s unmatched security with Solana’s high-performance framework, the project opens the door to entirely new use cases, including seamless BTC bridging and scalable dApp ￰10￱ team has put strong emphasis on trust and scalability, with the project audited by Consult to give investors confidence in its ￰11￱ is building ￰12￱ presale has already crossed $18.6 million, leaving only a limited allocation still ￰13￱ today’s stage, HYPER tokens are priced at just $0.012985—but that figure will increase as the presale ￰14￱ can buy HYPER tokens on the official Bitcoin Hyper website using crypto or a bank ￰15￱ Here to Participate in the Presale