Bitcoin to $75K or $125K: This Is Where It Is Heading Next

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government shutdown contributed to Bitcoin’s recent decline.Some investors get rich while others struggle because they never learned there are two completely different strategies to building wealth. Don’t make the same mistake, learn about both here.After a red-hot summer, it looks like "crypto winter" is here and Bitcoin (CRYPTO:BTC) is back in the headlines. The BTC price is moving fast, but not necessarily in a positive direction.This raises the question of whether it's time to buy the Bitcoin dip or brace for lower prices. Since BTC recently touched $100,000, it's halfway between $75,000 and $125,000 -- but which target will Bitcoin hit first? Opinions vary, but following the money flow could provide crucial clues about Bitcoin's next big move.Currently, $100,000 the key battleground between the Bitcoin buyers and sellers. Because it has so many zeros, the $100,000 price level has an emotional significance and is, without a doubt, being closely monitored by cryptocurrency traders.From January through early November of this year, Bitcoin's path to $100,000 has been wild and sometime unnerving. The BTC price started off 2025 near $100,000, then dipped to $75,000, rallied to $126,000 in early October.However, Bitcoin buyers hoping that October would be "Up-tober" were disappointed. In recent weeks, the BTC price has fallen back to $100,000, marking a round trip from the beginning of the year.Future price predictions are all over the map, with Standard Chartered analyst Geoffrey Kendrick evidently in the bullish camp. Not long ago, Kendrick proclaimed that Bitcoin's recent dip under $100,000 may be the "last one ever."If Kendrick's thesis that decentralized finance will eventually overtake traditional finance holds up, then Bitcoin's long-term target ought to be much higher than $125,000. Still, there are some bearish factors to keep in mind, so let's explore that topic right now.It's difficult to pinpoint the main driver of the recent Bitcoin price pullback. The U.S. government shutdown is a likely culprit, but a surge in the relative strength of the dollar is another contributing factor.Complicating matters further, it could be argued that the dollar's strength and anxiety over the prolonged government shutdown are interrelated factors. Also somewhere in the mix are vague fears about technology stocks being too richly valued; market participants often tend to lump tech stocks and Bitcoin into the same psychological bucket.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,728.80 +8.48 (+0.13%)Dow 3046,987.10 +74.80 (+0.16%)Nasdaq23,004.54 -49.46 (-0.21%)Russell 20002,432.82 +14.00 (+0.58%)VIX19.08 -0.42 (-2.15%)Gold4,009.80 +18.80 (+0.47%)PortfolioSign in to access your portfolioSign inTop gainersGMED Globus Medical, Inc. 83.89 +22.18 (+35.94%)FROG JFrog Ltd. 60.00 +12.74 (+26.96%)EOSE Eos Energy Enterprises, Inc. 18.26 +2.97 (+19.42%)OS OneStream, Inc. 22.74 +3.66 (+19.18%)EXPE Expedia Group, Inc. 258.25 +38.55 (+17.55%)Top losersUI Ubiquiti Inc. 612.19 -147.38 (-19.40%)PRMB Primo Brands Corporation 14.46 -3.24 (-18.31%)RUN Sunrun Inc. 17.13 -3.29 (-16.11%)DIOD Diodes Incorporated 44.28 -7.53 (-14.53%)DOCS Doximity, Inc. 54.29 -8.29 (-13.25%)Most activeNVDA NVIDIA Corporation 188.15 +0.07 (+0.04%)OPEN Opendoor Technologies Inc. 6.56 0.00 (0.00%)ACHR Archer Aviation Inc. 8.18 -0.70 (-7.88%)PLUG Plug Power Inc. 2.6500 +0.1400 (+5.58%)PFE Pfizer Inc. 24.43 +0.01 (+0.04%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersBTC-USD Bitcoin USD 102,049.09 +1,920.70 (+1.92%)ETH-USD Ethereum USD 3,397.57 +157.05 (+4.85%)XRP-USD XRP USD 2.28 +0.10 (+4.70%)^GSPC S&P 500 6,728.80 +8.48 (+0.13%)^IXIC NASDAQ Composite 23,004.54 -49.46 (-0.21%)Top economic events