As mentioned in my Bitcoin price prediction , BTC’s recent rally has unfolded exactly as 0 cryptocurrency broke above the $118,000 resistance, maintained bullish momentum within the Bearish Butterfly pattern, and touched $124,600 before entering a consolidation 1 the time of writing, Bitcoin is trading at $123,108, up 0.69% in the past 24 hours, with a market capitalization of $2.45 trillion and a daily trading volume exceeding $65 2 pause near $124K isn’t a sign of weakness. Instead, it reflects natural market digestion before the next move toward the Potential Reversal Zone (PRZ, which lies) between $128K and $130K, where the harmonic pattern is expected to 3 mentioned in my earlier forecast, Bitcoin followed the path perfectly — rallying toward $124.6K within the Bearish Butterfly pattern.
Now, $128K–$130K marks the final PRZ zone before a potential $160K breakout. Support: $121K | $118.5K #BTC #Crypto 4 — Arslan Ali (@forex_arslan) October 5, 2025 On the 4-hour chart, Bitcoin continues to follow its rising channel structure, confirming a healthy series of higher highs and higher 5 50-SMA ($116,394) and 100-SMA ($114,948) both remain below price action, reinforcing bullish 6 indicators echo the same narrative: the RSI has eased to 66, cooling from overbought conditions above 75, a typical mid-rally reset before 7 Technical Outlook – The Bearish Butterfly Reaches a Key Juncture Bitcoin price prediction is bullish right now, even if, the medium term pattern suggest bearish bias 8 Butterfly harmonic pattern, first highlighted in my October 3 forecast, remains central to the current 9 structure indicates that while Bitcoin’s short-term momentum is strong, the risk of reversal will increase as the price approaches the upper 10 Price Chart –).
Hold above $121K keeps bulls in control — break below $118.5K may trigger a correction. #Bitcoin #BTC — Arslan Ali (@forex_arslan) October 5, 2025 For traders, the key remains patience and 11 long as BTC holds above $121,000, momentum remains on the side of buyers. A clean breakout above $124,600 could reignite bullish volume and push the market into the 12 that, a confirmed close over $ 130,000 would open the door to exponential expansion — potentially propelling Bitcoin toward its next primary target at $160,000 in the months 13 Maxi Doge ($MAXI) Blends Meme Power With Gym-Bro Energy Maxi Doge ($MAXI) is a meme-fueled token designed for degens who thrive on 1000x leverage and relentless 14 than just a meme coin, $MAXI represents a community-driven culture that fuses trading intensity with gym-bro energy, caffeine, and competitive 15 holding $MAXI, investors unlock staking rewards, trading contests, and access to gamified partner 16 smart contract has been audited by SolidProof and Coinsult, giving added confidence in the project’s 17 is 18 presale has already raised over $2.7 million, with tokens priced at just $0.0002605.
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