Bitcoin is currently trading near a crucial support zone between $109,500 and $111,500, a level that has historically mitigated price corrections. Analysts indicate that maintaining this support could lead to a recovery towards $118,000, with potential for a new all-time high between $131,000 and $135,000 in Q4 2025. However, a breakdown below this zone might see prices fall to $101,000–$103,000, though long-term prospects remain positive.