Bitcoin October Difficulty: What Levels Should Be Considered?

The price of Bitcoin has unfortunately failed to keep up with the historically strong rally periods observed in October. Currently trading below $108,000, Bitcoin has experienced a decline of over 5%. Traditionally, October has shown an upward trend, but this year presents a different picture, with prices stuck between critical support and resistance levels.

In particular, the 200-day simple moving average at $107,846 stands out as the nearest resistance point for Bitcoin. Since the beginning of the 2023 cycle, Bitcoin has generally maintained this level as support. However, it fell below this support level during the summer months of 2023 and 2024, as well as in April 2025. Looking at the broader perspective, the 365-day moving average at $100,367 plays a critical role as the second long-term support point.

Bitcoin is currently trapped for the fourth time in this cycle between these two averages. The $100,000 psychological threshold has once again become a topic of interest among investors. According to Checkonchain data, the average cost level for 2025 investors is around $103,509. This level is also seen as an important price base. The psychological support level below $100,000 has become a critical boundary that determines the overall sentiment of investors.

On the other hand, the level to consider for potential upward movements is $112,100. This level represents the average cost of coins held over the last six months, forming a threshold that Bitcoin has historically struggled to dip below during correction periods. If Bitcoin manages to stay above the $112,100 level, this typically indicates that a bull market has begun anew.

These critical levels that investors should pay attention to will have a decisive impact on Bitcoin's current price movements. During this period of potential short-term fluctuations, it is essential to monitor support and resistance points.