Bitcoin Bounces Back to $115,000 — Is This the Start of a New Rally or Just a Temporary Rebound?

Jakarta, Pintu News – The price of Bitcoin (BTC) showed signs of recovery again today, October 13, 2025, by breaking through the $115,000 level after being hit by a large wave of liquidation at the end of last week. The rise has sparked renewed optimism among traders who see a chance of a short-term rebound, although market volatility remains high.

With global sentiment stabilizing and capital flowing back into riskier assets, many are wondering – does this rally signal the start of the next phase of the bull run, or is it just a temporary bounce before a further correction?

Bitcoin Price Up 2.93% in 24 Hours

As of October 13, 2025, Bitcoin’s price has rebounded to $115,040, equivalent to IDR 1,938,030,182, marking a 2.93% increase over the past 24 hours. During this period, BTC traded as low as IDR 1,875,153,301 and reached a daily high of IDR 1,963,299,428.

At the time of writing, Bitcoin’s market capitalization stands at approximately IDR 38,202 trillion, while its 24-hour trading volume has slipped 1% to around IDR 1,542 trillion.

Read also: 4 Cryptocurrencies Everyone’s Talking About Ahead of the Next Altcoin Season

Bitcoin Liquidation “fishing” Ahead of Weekly Close

Citing a report by Cointelegraph, data from TradingView shows that market volatility has begun to subside following the massive $19 billion liquidation in the crypto market. The BTC/USD pair has not been able to register a significant recovery, but some market participants expect a stronger performance to come next week.

“There is likely to be a relief bounce ahead of the opening of the week and the opening of the futures market,” trader Skew wrote in his commentary on X.

Another trader, HTL-NL, added that although the market is still unpredictable, the risk of a major crash is quite small.

“We never know what the close of the week and early next week will bring, especially since traditional markets have barely had time to respond to the Trump event,” he wrote on X.
“But I’m not too worried. A correction is to be expected, it’s just that the effect this time is magnified to the point of causing system disruption.”

Meanwhile, trade analysis source TheKingfisher highlighted a possible liquidity grab in the area around $114,000, where many traders opened short positions against BTC.

“The weekend is the time for fishing liquidation in the $BTC price range,” the account wrote along with its internal market data.

Read also: 5 Altcoins that Analysts Highlight to Accumulate When Crypto Market Plummets

Analyst on Bitcoin Bull Market: “Bearish Things Can Happen Too”

Caleb Franzen, founder of financial research resource Cubic Analytics, has a more optimistic view of Bitcoin.

In his latest post on Substack, he highlights Bitcoin’s movement against the 200-day moving average (SMA and EMA) which is an important reference in technical analysis.

“Perhaps prices can still fall further from current levels,” he wrote.

“However, like the consolidation periods that occurred in August-September 2023, July-September 2024, and February-April 2025, a brief drop below the 200-day moving average area would be completely normal before prices recover and resume the uptrend to new highs.”

Even so, according to Franzen, BTC/USD could still post a higher low on the daily timeframe – meaning that the uptrend is still maintained.

“If an uptrend is defined by the formation of higher highs and higher lows, then nothing that happens during this consolidation phase invalidates that trend,” he continued.

“We do have to accept that bearish things can happen in an uptrend – as we saw last week – but it’s important to remember that being too bearish in an uptrend is a great way to lose money or fall behind the market.”

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Cointelegraph. Bitcoin eyes $114K liquidity grab as traders bet on BTC price rebound. Accessed on October 13, 2025