BTC/USD quotes are trading at 114135 and continue to move within a developing bullish correction and descending channel. Moving averages indicate a short-term downtrend in Bitcoin. Prices have broken below the area between the signal lines, indicating downward pressure from sellers of “Digital Gold” and a potential continuation of the asset’s decline from current levels. As part of the cryptocurrency price forecast for tomorrow, October 1, 2025, we expect an attempt to continue the rise in the digital asset’s price and a test of the resistance level near 116405. From there, we expect another downward rebound and an attempt to continue the decline in the Bitcoin price with a target below 100605.
Bitcoin Forecast and BTC/USD Analysis for October 1, 2025
An additional signal favoring a decline in BTC/USD quotes will be a test of the resistance line on the relative strength indicator. The second signal in favor of this scenario would be a rebound from the upper boundary of the bearish channel. A strong rise in the asset’s price and a breakout of the 120885 area would cancel out the downward trend in the coin’s exchange rate and Bitcoin’s price. This would indicate a breakout of the resistance area and continued growth in the Bitcoin price, with a potential target of 128605. A breakout of the support area and consolidation below 107405 would confirm the asset’s price decline.
Bitcoin Forecast and BTC/USD Analysis for October 1, 2025 suggests an attempt to test the resistance level near 116405. Subsequently, the cryptocurrency would continue to decline, with a potential target of 100605. A test of the resistance line on the relative strength indicator (RSI) would serve as an additional signal in favor of Bitcoin’s price decline. A breakout of the 120885 area would cancel out the digital currency’s downward trend. This would indicate continued growth with a potential target above 128605.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
