Bitcoin is currently consolidating around $110,000, with key support at $107,000 and resistance at $123,000. While Eric Trump has made a bold prediction that Bitcoin could reach $1 million by 2025, Polymarket assigns only a 5% probability of Bitcoin exceeding $125,000. Technical indicators suggest oversold conditions, hinting at a potential rebound, but probability models remain cautious. Analysts highlight the importance of maintaining the $107,300 support level, which could lead to a rise toward $123,731. The Relative Strength Index (RSI) dropped below 30 in late September, indicating short-term rebound potential. However, Polymarket estimates the likelihood of Bitcoin breaking $124,000 in the short term at less than 1%. The fourth quarter of 2025 will be crucial, as a close above $123,000 could confirm bullish momentum.