Bitcoin Reaches $115,000 Amid Renewed Optimism and Market Confidence

Monday, Oct 27, 2025 1:12 pm ET1min read

Bitcoin has rallied to $116,000, reclaiming three key on-chain cost bases and pushing nearly 7 million coins back into profit. Market analysts believe holding above these levels is crucial for market conviction and a potential new all-time high. The recent breakout has also reclaimed Bitcoin's weekly bull market support band, which historically leads to new highs.

Bitcoin Reaches $115,000 Amid Renewed Optimism and Market Confidence