Takeaways:
At one point yesterday, Bitcoin was up 3% for the day and looked like it had formally reclaimed the $113K level.
However, the token ended the day down 2% and is currently trading at $108K, leaving many investors scratching their heads about what could be next for the digital gold.
Currently, Bitcoin continues to trade around the 200-day exponential moving average (EMA), which has been one of the most important levels of support in Bitcoin’s recent history.
Instead, it tends to spend quite a lot of time building momentum, consolidating around the 200-day EMA before making its next move higher.
So, if history is anything to go by, we could be witnessing the beginning of another long-drawn consolidation phase – one that could last until at least the end of November – before a decisive move upward.
What’s more, Bitcoin is also finding support at a major upward-sloping trendline. This is the same one that, along with the 200-day EMA, supported Bitcoin’s rallies in both 2024 and 2025.
So these two major support levels have once again come together to perhaps create yet another Bitcoin bottom. The key, therefore, is to exercise some patience right now and let Bitcoin do its thing.
As for a Bitcoin price prediction, the first price level to watch is the recent swing high – the all-time high of $126K.
All in all, Bitcoin looks like it’s going to be in troubled waters for quite some time before it can gather enough steam to launch a clear upside rally.
So, while $10K moves here and there shouldn’t come as a surprise, seeing the next 100% move could still take a few months. However, that doesn’t mean you have to wait that long to make real gains from Bitcoin.
Do what savvy crypto investors do, i.e., pick the best Bitcoin-themed altcoin that’s currently under the radar (perhaps even in presale) and available at a really low price.
If you’re looking for the next 1000x Bitcoin opportunity, Bitcoin Hyper ($HYPER) is one of the best options now.
Right off the bat, it’s important to clarify that Bitcoin Hyper is not your regular meme coin. It’s not just a fugazi roadmap and Pepe the Frog mascot in golden attire that lures Bitcoin investors into a hollow project.
In fact, it’s quite the opposite of that. $HYPER is building a new Layer 2 solution for Bitcoin, aiming to bring lightning-fast transactions, ultra-low fees, and class-leading Web3 compatibility to the Bitcoin blockchain.
Remember, Bitcoin’s main chain currently handles only about 7 TPS. This makes Bitcoin one of the slowest blockchains in the world.
Plus, you don’t have to worry about compromising security for speed. That’s because although $HYPER processes transactions on a sidechain, it summarizes transactions and anchors it to Bitcoin’s main chain, thereby preserving the network’s native security.
Bitcoin Hyper’s SVM also allows developers to build smart contracts and decentralized applications (dApps) on the network – something not currently possible.
This opens up a never-before-seen Web3 environment on Bitcoin, including high-speed DeFi trading apps, NFT marketplaces, DAOs and governance systems, lending, staking, swapping, gaming dApps, and much more.
Plus, Bitcoin Hyper’s non-custodial decentralized canonical bridge makes it extremely simple to interact with Bitcoin’s new Web3 ecosystem.
All you have to do is:
Imagine investing in Bitcoin back in 2013, when it was just $10. Sure, it’s almost ridiculous to think you might have held it all the way till today – but you’d still be sitting on thousands of percent in gains.
Well, a similar story could be unfolding right before your eyes with Bitcoin Hyper ($HYPER). That’s because Bitcoin Hyper isn’t just another hype coin; it has solid fundamentals.
The project aims to boost Bitcoin’s real-world utility, transforming it from merely an investment vehicle into a truly functional blockchain ecosystem.
Sure, Bitcoin is currently the symbol of the crypto industry, but as more utility-driven cryptos like Ethereum, Solana, and XRP continue to become mainstream, Bitcoin could lose some of its sheen as investors seek projects with deeper functionality and practical use cases.
And besides strong fundamentals, $HYPER enjoys some serious hype too. Currently in presale, Bitcoin Hyper has already raised over $24.5M from early investors, with each token priced at just $0.013155.
Clearly, there’s no shortage of investor confidence in what could become one of the most significant crypto launches of this decade.
Grab your $HYPER tokens today – and unlock 48% staking APY.
This publication is sponsored. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related actions. Coindoo will not be liable, directly or indirectly, for any damages or losses resulting from the use of or reliance on any content, goods, or services mentioned. Always do your own research.
The post Bitcoin Price Prediction After Recovery to $113K: Is $HYPER the Next Crypto to Explode? appeared first on Coindoo.