idcrypt - As of October 29 2025, Bitcoin remains delicately poised above the $113,000 threshold, reflecting a market caught between optimism and anxiety ahead of a pivotal Federal Reserve decision. The world’s largest cryptocurrency has spent the past 48 hours oscillating between $112,300 and $114,800, unable to break higher despite strong institutional inflows earlier in the month. The digital asset market, valued at roughly $3.88 trillion, has softened by about 1.5%, showing a mix of profit-taking and risk aversion across the board.
Bitcoin Price Snapshot – October 29, 2025
Current Price: $113,240
24h Range: $112,300 – $114,800
Market Cap: $2.22 Trillion
Dominance: 48.5%
Fear & Greed Index: 51 (Neutral)
Data compiled from CoinGecko, CoinMarketCap, and CryptoQuant.
Key Technical Zones
- Resistance 1: $115,000 – breakout level
- Resistance 2: $126,000 – October high
- Support 1: $110,000 – short-term base
- Support 2: $108,000 – risk zone
Momentum: Neutral ➜ Waiting for Fed signal.
Recommendation: Avoid leverage until volatility stabilizes post-announcement.
The brief surge above $116,000 earlier this week met with heavy resistance from short-term traders and high-frequency desks, triggering a wave of automated sell orders that forced prices lower. Analysts observed significant on-chain movement from long-dormant wallets, suggesting some early investors took advantage of the rally to secure gains. Despite the short-term weakness, Bitcoin’s long-term structure remains intact, supported by a steady accumulation trend among large holders.
A critical element shaping current sentiment is the looming $17 billion crypto options expiry, of which $14.4 billion ties directly to Bitcoin. This expiry, coupled with the Fed’s rate decision expected later this evening, has left traders cautious and liquidity thin. Market makers are positioning for volatility, with open interest clustering around strike prices of $110,000 and $115,000 — levels that could define Bitcoin’s next directional breakout.
From a technical perspective, Bitcoin remains in consolidation mode. Its failure to sustain the $115,000 breakout was predictable given the Relative Strength Index’s loss of upward momentum. Analysts note that a daily close below $109,800 could expose the market to a potential retest of $108,000, while a decisive breakout above $115,000 may revive bullish momentum toward $126,000, last seen in early October. The tightening range suggests traders are waiting for an external catalyst before committing to new positions.
The macroeconomic backdrop is equally influential. Expectations of a modest 25 bps rate cut by the Fed have been fully priced in by futures markets, with a 97% probability. However, any deviation — especially a more hawkish tone from Chair Jerome Powell — could shake investor confidence and spark temporary risk-off moves across both crypto and equities. The market’s sensitivity to liquidity conditions is evident in the shrinking order-book depth, now estimated at 40% of normal levels.
At the same time, Bitcoin continues to outperform most altcoins, reaffirming its status as a relative safe haven within the digital asset ecosystem. Ethereum has retreated toward $4,000, while BNB and Solana have both lost between 2%–3% on the day. The Crypto Fear & Greed Index currently reads 51 — perfectly neutral — highlighting indecision between greed-driven speculation and profit protection.
On-chain analytics reveal a nuanced picture: long-term holders continue accumulating, with the holder accumulation ratio near 60%, indicating sustained conviction. Whale wallets, however, have shown sporadic selling, possibly rotating capital into stablecoins ahead of the Fed announcement. This divergence between retail optimism and institutional hedging underscores the delicate balance shaping near-term direction.
Volatility is likely to spike once the Fed’s statement is released. Should the central bank reaffirm its easing stance, Bitcoin could see an immediate upside reaction, especially if the dollar weakens. Conversely, any hint of extended tightening could push risk assets lower, bringing $110,000 back into play as a key short-term support. Traders are therefore positioning with tight stop-losses and flexible leverage to manage potential swings.
The narrative also extends beyond technicals and policy. October has witnessed renewed enthusiasm for Bitcoin ETFs globally, with cumulative inflows reaching $5.9 billion — a new record according to recent data. Institutional adoption continues to underpin the broader bullish thesis, even as the market cycles through bouts of volatility. Major firms in Asia and Europe are reportedly increasing exposure via custodial products, contributing to sustained on-chain activity.
For content creators, bloggers, and long-term investors, this phase offers a moment of reflection rather than panic. Bitcoin’s consolidation reflects maturity, not weakness. The crypto market is evolving toward structured cycles tied closely to macro indicators, liquidity, and regulation. Understanding these dynamics — rather than reacting to daily noise — is key to capturing the next major leg higher.
In essence, Bitcoin on October 29 2025 stands at a crossroads. The technical, macro, and psychological layers are aligned in tension, ready to release energy once a decisive trigger arrives. Whether the next wave leads back to $126,000 or slips below $110,000 will depend not just on Fed policy, but on whether traders interpret uncertainty as danger or opportunity. The coming 72 hours may define the tone for the rest of Q4 2025.
Sources
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Crypto.News – “Crypto Prices Today October 29 2025”
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CoinDesk – “Bitcoin, Ether Brace for $17B Options Expiry Amid Fed Meeting”
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BeInCrypto – “Bitcoin Price Rally Could Resume Above $115K”
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Reuters – “Global Crypto ETFs Attract Record $5.9 Billion as Bitcoin Scales New Highs”
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DailyForex – “BTC/USD Signal October 29 2025: Loses Momentum”
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99Bitcoins – “Bitcoin Price Hovers Around $113K Ahead of Fed”
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CryptoPotato – “Bitcoin Plunges Before the FOMC Meeting”
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