The post Bitcoin Price Prediction: Traders Bet On $100K As Market Awaits Breakout Signal appeared on BitcoinEthereumNews.com.

Bitcoin price today trades near $106,900, with buyers holding $105K–$104K support. On-chain flows show minor inflows after $1.6B in outflows earlier this week. Polymarket odds place a 38% probability on Bitcoin ending October under $100K. Bitcoin price today is consolidating near $106,900, with buyers attempting to hold the $105,000–$104,000 support range after a volatile week. The move comes after BTC briefly broke below its 200-day EMA cluster, prompting speculation over whether the correction is ending or just beginning. Bitcoin Price Tests Multi-Month Support BTC remains trapped between the $108,000 and $113,000 EMAs, with sellers defending the upper range.  The chart shows a break below the long-term ascending trendline from April, placing short-term bias in favor of consolidation or a potential retest of the $104,000 liquidity zone. The 20-day EMA sits at $113,719, while the 50-day EMA is at $114,463, both above the current price, confirming resistance overhead. The 200-day EMA near $108,063 is acting as the key pivot — regaining this level would be crucial to restore bullish momentum. The RSI on the daily chart is at 35.9, suggesting near-term oversold conditions but no confirmed reversal yet. Momentum has flattened, while MACD readings continue to favor sellers. On-Chain Flows Show Minor Relief After Heavy Outflows After nearly $1.6 billion in net outflows over the past five days, Coinglass data shows a modest $17.6 million net inflow on October 18, signaling the first positive day in a week.  However, this inflow is too small to indicate meaningful accumulation, and broader flow trends remain negative. Traders are cautiously rebuilding exposure, but persistent outflows since early October reveal continued profit-taking and reduced institutional demand. Until sustained inflows reappear, the market may remain defensive despite technical stabilization. Polymarket Traders Shift Focus To $100K Scenario Prediction market data from Polymarket highlights a bearish bias among…

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Filed under: News - @ October 18, 2025 3:31 pm