Bitcoin BTC/USD is ending the trading week at 119946 and continues to move as part of its growth and the formation of a Wedge reversal pattern. Moving averages indicate an upward trend. Prices have broken above the signal lines, indicating upward pressure from asset buyers and potential continued growth in BTCUSD. At this point, we should expect an attempt at a bullish correction in the coin’s price and a test of the resistance area near 127505. From there, we should expect another downward rebound and a continued decline in the Bitcoin price, with a potential target below 82505.
Bitcoin Forecast BTC/USD October 6 — 10, 2025
An additional signal favoring a decline in BTC/USD quotes during the current trading week (October 6 — 10, 2025) will be a rebound from the upper boundary of the “Wedge” reversal pattern. A second signal will be a rebound from the resistance line on the relative strength indicator (RSI). A strong rally and a breakout of the 136505 area would cancel the Bitcoin downside scenario this trading week. This would indicate a breakout of the resistance area and continued growth in BTC/USD quotes with a potential target above 145605. A bearish move would be confirmed by a breakout of the support area and a close below 100505, which would indicate a breakout of the lower boundary of the Wedge reversal pattern and the beginning of the pattern’s implementation with targets below.
Bitcoin Forecast BTC/USD October 6 — 10, 2025 suggests an attempt to break the resistance area near 127505. Subsequently, a continuation of the cryptocurrency’s decline to the area below 82505. An additional signal for a decline in the Bitcoin price this trading week would be a test of the trend line on the relative strength indicator. A strong rally and a breakout of the 136505 area would cancel the Bitcoin downside scenario. In this case, a continued rise with a target of 145605 is expected.
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