Key points:
Bitcoin begins to find a local destination, with analysis highlighting several important lines in the sand.
The RSI signal calls for a reversal continuation as the longer time frames remain in doubt.
The Fed’s rate cut decision appears to have cooled the performance of US stocks.
Bitcoin (BTC) experienced key resistance on Tuesday, with traders bullish on the price of BTC.
Bitcoin price hits the next new high
Bitcoin traded around $114,000 in data from QuintileGraph Markets Pro and Trading View.
After an impressive weekly close, BTC/USD made gains during Monday’s Wall Street trading session.
Now, trader and analyst Rickett Capital had two key support levels for bulls to reclaim: the 21-week moving average (EMA) at $111,200 and the weekly close at $114,500.
“Bitcoin has successfully closed weekly from both the 21-week EMA (green) and 4 114.5k (black),” he told X-Followers alongside a chart.
“Both 4 114.5K and EMA support can be retried to confirm reassertion. $BTC can get it through the volatility of 4 114.5K, which rotates to the EMA below.”
REKT Capital has since confirmed that the intended retest is now “ongoing”.
“$BTC bounced off its $113,500 support zone,” added crypto investor and entrepreneur Ted Pillows that day.
“As long as Bitcoin holds this, we are headed higher. If BTC loses this level, expect a correction towards the $110,000 level.”
Further driving the bulls’ cause was play on the shorter time frame Relative Strength Index (RSI).
The hourly chart shows the RSI making a lower low while the price has sealed a low—an early indication that a short-term uptrend may continue.
As reported by the quintile graph, a higher time frame RSI indicates trend exhaustion, in which the indicator has made successive lower highs while price records.
Stock futures leverage as feed-meeting looms
Stock futures showed signs of stress ahead of the week’s key economic event, the US Federal Reserve’s decision on interest rate changes.
Related: BTC Price Eyes Near Record Monthly: 5 Things to Know in Bitcoin This Week
S&P 500 futures cooled ahead of the Wall Street open, which typically puts pressure on Fed rate meetings.
Pillows also noted that BTC/USD often dips into local lows on Tuesday, leaving the door open for continued support.
$BTC Usually peaks on Mondays and lower peaks on Tuesdays.
This has been happening for a few months now.
Do you think it could happen again? pic.twitter.com/rsnrb4ez5f
– Ted (tedpillows) October 27, 2025
However, considering the bigger picture, trading resources Mosaic Asset Co. had little reason to doubt the risk-assist bill case.
“Evidence of economic growth is boosting the earnings outlook while loose fiscal conditions are a catalyst for higher growth,” it wrote in the latest edition of its regular newsletter, “Market Mosaic,” on Sunday.
“The prospect of the Fed cutting interest rates against a strong economic backdrop and already loose conditions is more fuel for the stock market rally.”
This article does not contain investment advice or recommendations. Every investment and trading venture involves risk, and readers should do their own research when making a decision.
