10/11/25 Weekly Outlook

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10/11/25 Weekly OutlookBitcoin / TetherUSBINANCE:BTCUSDTProR35Last weeks high: $110,732.65 Last weeks low: $98,972.09 Midpoint: $104,852.37 Bitcoins price action of last week tells an interesting story. The first trading hour of the week marked the weekly high, a sharp decline towards HTF support at $99,000 marked the weekly bottom, to finish the week a late surge recovered some of the losses to end the week at the range midpoint. The double bottom at range low is a good sign for the bulls in a must win contested area around the $100,000 mark, not only is it a big even level but a HTF key S/R level too. Should the bulls lose this weekly low it opens the door to a $92,000 retest. For the bulls should this rebound persist a flip of $108,000 is key but there is certainly a lack of spark in the markets at the moment. I don't see the bulls making any significant ground until the US Government shutdown is announced to be coming to an end. This announcement could happen at any time and so this week that's what I am making plans for, how will the market react, volatility on announcement etc... Good luck this week everybody!