The cryptocurrency market was making a slight recovery on Monday, with Bitcoin (BTC) reclaiming the $115,000 price level. However, the market rebound seems to have stalled. Bitcoin (BTC) has dipped to the $112,000 price level once again, and the global crypto market cap has fallen to $3.89 trillion, sliding 3.2% in the last 24 hours. According to CoinGecko’s BTC data, Bitcoin’s price has fallen 2.8% in the last 24 hours, 9.9% in the last week, 1.8% in the 14-day charts, and 3.2% over the previous month. In this price prediction article, let’s discuss what’s next for Bitcoin (BTC).

Bitcoin Price Prediction: Will Prices Recover?

October 2025 seems to be going against the historical pattern. Usually, October has been a bullish month for the crypto market, especially for Bitcoin (BTC). Many even dub the month as “Uptober.” However, macroeconomic challenges seem to have weighed the crypto market down.

The market crash earlier this month was likely due to trade disputes between the US and China. Bitcoin (BTC) and the larger crypto market showed signs of a recovery after both nations agreed to come to terms. However, today’s market correction could be due to Federal Reserve Chair Jerome Powell’s speech later today. Powell’s speech will likely hold clues on the US economic policy. Market participants will likely take positions based on what Powell discloses.

Also Read: Whale Who Made $192M on Crypto Crash Opens New Bitcoin Short

If the Federal Reserve announces another interest rate cut, Bitcoin (BTC) could experience another bullish phase. The original crypto could even climb to a new all-time high. However, if the Federal Reserve decides to keep rates unchanged, BTC’s price may face consolidation.

According to CoinCodex analysts, Bitcoin (BTC) will continue to rally over the coming months. The platform anticipates BTC to hit a new all-time high of $144,535 on Dec. 24. Hitting $144,535 from current price levels will entail a rally of about 28.9%.