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On-chain data shows the loss margin of Bitcoin traders is only halfway through the way to the boundary that signaled rebounds in the last two years. Bitcoin Traders Are About 5% Underwater At The Moment In a new post on X, analyst Ali Martinez has talked about how Bitcoin tends to rebound when the Profit/Loss Margin of the Bitcoin traders falls under -12%. The Profit/Loss Margin refers to an indicator that measures the net amount of profit or loss that the BTC investors are carrying right now. The metric works by going through the transaction history of each coin on the blockchain to see what price it was last moved at. If this previous price for any token was less than the current spot price, then it’s considered to be carrying a profit equal to the difference between the two prices. Similarly, tokens of the opposite type fall into the loss category. The Profit/Loss Margin calculates the net unrealized profit or loss (as a percentage) that investors as a whole are carrying. In the context of the current topic, the version of the metric that’s of interest specifically tracks this margin for the “traders,” investors who have been holding their coins since between 1 and 3 months ago. Related Reading: Bitcoin Cycle Top Still Not In, Suggests NVT Golden Cross Now, here is the chart shared by Martinez that shows the trend in the Bitcoin Profit/Loss Margin of the traders, as well as its 30-day simple moving average (SMA), over the last couple of years: As is visible in the above graph, the Profit/Loss Margin of the Bitcoin traders has witnessed a plunge into the negative territory recently as BTC’s price has gone through its bearish action. Currently, the 1 to 3 months old BTC buyers are sitting about 5% underwater. The analyst has pointed out that BTC has tended to find rebounds when these holders have been under a notable amount of pressure during the last two years. The cutoff for this distress threshold, however, lies at -12%, a level that the trader Profit/Loss Margin is still to breach under. Related Reading: Bitcoin Newbie Whales Now Sitting On $6.9 Billion In Losses, Most Since 2023 It now remains to be seen whether Bitcoin will be able to find a bottom in the near future, or if one will only happen after traders experience a similar degree of pain as the previous lows. In another X post, Martinez has highlighted that $119,750 could be a crucial mark for Bitcoin to reclaim, as it represents a key resistance level in the MVRV Extreme Deviation Pricing Bands, a pricing model for BTC based on standard deviations of the popular MVRV Ratio. “Failing to reclaim it could trigger a move down to $97,130 or even $74,500,” noted the analyst. BTC Price Bitcoin’s latest recovery was quite short-lived as its value is already back to $108,000. Featured image from Dall-E, Glassnode.com, CryptoQuant.com, chart from TradingView.com

On-chain data shows the Bitcoin NVT Golden Cross has still not breached into the territory that marked the tops of previous cycles. 30-Day EMA Of Bitcoin NVT Golden Cross Is Still Below Overheated Zone As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin NVT Golden Cross is yet to hit an extreme level in the current cycle. The Network Value to Transactions (NVT) Ratio is an on-chain indicator that measures the ratio between BTC’s market cap and transaction volume. Related Reading: Bitcoin Newbie Whales Now Sitting On $6.9 Billion In Losses, Most Since 2023 When the value of this metric is high, it means the value of the network (as represented by the market cap) is high compared to its ability to transact coins (the volume). Such a trend can be a sign that the asset may be overvalued. On the other hand, the indicator having a low value can imply the cryptocurrency’s price could have room to grow as its market cap isn’t inflated against its transaction volume. In the context of the current discussion, a modified form of the NVT Ratio called the NVT Golden Cross is the indicator of interest. This metric is a Bollinger-band-like signaling indicator that compares the short-term trend of the NVT Ratio (10-day moving average) against its long-term trend (30-day MA) to determine whether the indicator is near a top or bottom. Now, here is a chart that shows the trend in the 30-day exponential moving average (EMA) of the Bitcoin NVT Ratio over the past decade: As displayed in the above graph, the 30-day EMA Bitcoin NVT Golden Cross currently has a value of around zero, which suggests the market is in a neutral phase according to the NVT Ratio. In the chart, the quant has highlighted the zones where tops and bottoms have historically tended to occur. It would appear that a highly positive value generally signals some sort of top for BTC, while a negative one can lead to a bottom. Related Reading: Chainlink To $100? Analyst Says This Breakout Could Be The Trigger In the current cycle so far, the indicator hasn’t seen any spike into the red zone. Whether this means that this bull market is an exception, or that Bitcoin is yet to reach its top, only remains to be seen. While Bitcoin market conditions are neutral from the perspective of the NVT Golden Cross, CryptoQuant’s Bull Score Index is painting a different picture. As the analytics firm’s community analyst has noted in an X post, this indicator, which combines the data of several key on-chain metrics, is flashing a bear signal for the asset. BTC Price Bitcoin surged toward $114,000 on Tuesday, but it would appear that the recovery was only short-lived as the coin is already back at $108,000. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com

As Bitcoin (BTC) continues to trade in the high $100,000 range following the October 9 crypto market crash, some bullish signs are starting to emerge. Notably, stablecoin reserves on leading crypto exchanges like Binance are entering all-time high (ATH) territory, hinting at a potential rally for BTC. Stablecoin Reserves Rise – Will Bitcoin Benefit? According to a CryptoQuant Quicktake post by contributor PelinayPA, Binance stablecoin reserves are approaching ATH levels, indicating that investors are ready to deploy funds to accumulate BTC at current or lower levels. Related Reading: Bitcoin Enters ‘Disbelief Phase’ – Could Short Sellers Face The Next Squeeze? The CryptoQuant analyst highlighted the rapidly falling Bitcoin-Stablecoin Ratio (ESR). For the uninitiated, the ESR measures the proportion of Bitcoin reserves to stablecoin reserves on exchanges like Binance. The ratio also gives hints about the market’s potential buying power and selling pressure. Past data shows that whenever the ESR falls sharply during market volatility, BTC’s price tends to surge. Essentially, a declining ESR means that stablecoin reserves are growing in comparison to BTC reserves on exchanges. This shows an increase in available “dry powder” on exchanges, which can quickly be used to buy more BTC and initiate another bull rally. Conversely, when the ESR rises, it means that stablecoin reserves are falling while BTC supply on exchanges is increasing. This points toward an increase in short-term selling pressure as traders deposit BTC to exchanges to sell. Currently, the ESR has fallen to historically low levels, implying that Binance holds relatively large stablecoin reserves compared to BTC reserves. According to PelinayPA, such a setup can have two interpretations: In a positive scenario, the abundance of stablecoins suggests significant latent buying power. If market confidence returns, this could trigger a strong wave of buying pressure and mark the start of a new bullish phase. Meanwhile, the negative scenario assumes that this liquidity would remain inactive, reflecting investor hesitation and a market in standby mode after the recent bloodbath that resulted in liquidations worth $19 billion. Will The Gold Rotation Help BTC? Following the crypto market crash earlier this month, which sent BTC from an ATH of more than $126,000 all the way down to $102,000, several whales faced liquidations. Despite the crash, some analysts are confident that the BTC top is not in yet. Related Reading: Bitcoin Whales Are Back: Three Indicators Suggest A Run Toward $130,000 One of the factors that can significantly benefit BTC in the near term is the capital rotation from gold to the digital asset. In a new report, Bitwise predicted that capital rotation from gold into BTC could propel it to $242,000. That said, veteran trader Peter Brandt recently forecasted that BTC could crash 50% from current price levels. At press time, BTC trades at $108,268, down 0.3% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com

As the Bitcoin price continues to navigate market headwinds and consolidate above $108,000, analysts forecast that its next explosive move could trigger a full-scale altcoin season. Experts are now targeting a potential rise toward $200,000, identifying this new all-time high level as Bitcoin’s potential cycle top while suggesting that the cryptocurrency has yet to establish a definitive bottom.   Bitcoin Price Explosion To Ignite Biggest Altcoin Season Ever According to digital asset analyst CrediBULL Crypto, Bitcoin’s next parabolic surge could catalyze the biggest altcoin season the market has ever seen. The analyst shared an Elliott Wave chart analysis, showing that BTC is in the early stages of its final fifth wave, a phase that has historically delivered some of the most explosive price rallies in bull markets.  Related Reading: Is The Bitcoin Supercycle Still In Play? Wave 3 Tells A Story Of A Surge Looking at the chart, the first subwave of Wave 5 has already produced a 37% gain, suggesting that the upcoming third and fifth subwaves could be significantly larger, potentially driving Bitcoin well above $150,000 and even toward the $200,000 mark. CrediBULL Crypto argued that such a bullish move will not be grounded in logic or fundamentals but in market psychology, specifically speculation, greed, and euphoria. He revealed that this emotional environment often leads to extreme volatility, which fuels liquidity rotation into alternative cryptocurrencies. Historically, when investors begin redirecting capital away from Bitcoin into altcoins after a BTC top, it typically sparks a full-blown altcoin season. Many smaller-cap assets experience rapid, exponential gains during this time, especially as the Bitcoin Dominance (BTC.D) declines temporarily.  CrediBULL Crypto emphasizes that this phase of irrational exuberance is a natural part of the market cycle. When the Bitcoin mania peaks, the resulting FOMO often drives investors to seek higher and faster yields in other assets. The analyst further added that as long as BTC continues to climb, altcoins are likely to follow suit.  Analyst Recommends Locking In Ahead Of The Rally In a prior analysis on X social media, CrediBULL Crypto reaffirmed his belief that the current market cycle top has not yet been reached. Despite recent volatility and market crash fueled by the devastating liquidation event on October 10, the analyst maintains that Bitcoin remains structurally bullish on High-Timeframes (HTFs).  Related Reading: Expert Says ‘The Time Has Come’, What Could Drive The Next Explosive Altcoin Season He noted that the recent market pullbacks could offer opportunities for traders affected by the liquidation cascade to rebuild positions ahead of the next explosive leg. He stated that even a small allocation, about 10% of their previous holdings, could yield substantial returns if the projected parabolic move unfolds.  CrediBULL Crypto has highlighted a critical invalidation level near $74,000, suggesting that as long as the Bitcoin price holds above this zone, its long-term uptrend remains intact. He doubled down on his bullish projection, insisting that the next major rally could propel BTC significantly above $150,000. Featured image from Unsplash, chart from Tradingview.com

Bitcoin is struggling to establish a clear direction as volatility tightens and traders face increasing uncertainty. After weeks of indecisive movement, short-term price action remains choppy, leaving both bulls and bears without conviction. According to new insights from CryptoQuant, a comprehensive analysis combining Price Action, Volume Profile, and Liquidation Heatmap data from Binance reveals that Bitcoin has been locked in a well-defined trading range for the past 120 days. Related Reading: Hyperliquid Futures Indicator Signals Whales Are Going Long – Details The report highlights that this range is centered between $107,500 and $119,300, with the Point of Control (POC) — the level where the most trading volume has occurred — sitting near $117,500. Despite several attempts to break higher, BTC has repeatedly failed to sustain momentum, falling back into this range each time. Analysts suggest this pattern reflects a market in balance, waiting for a catalyst to break decisively in either direction. Within these boundaries, Bitcoin traders are closely monitoring liquidity clusters and key volume zones to anticipate the next big move. Whether BTC reclaims higher ground or tests lower supports, the breakout from this 120-day range could define the next major phase of the cycle. Bitcoin Faces a Crucial Test at the Point of Control (POC) According to CryptoOnchain’s latest analysis on CryptoQuannt, Bitcoin’s recent breakout attempt above its 120-day trading range has failed to gain traction, forming what analysts call a classic “Look Above and Fail” pattern. The move initially triggered a short squeeze that liquidated many sellers on Binance, briefly pushing the price higher. However, the rally quickly lost strength due to insufficient follow-through buying, leading BTC to fall back into its established range — a sign of underlying market weakness. At present, Bitcoin is hovering just below the critical Point of Control (POC) near $117,500 — the price level where the largest trading volume has occurred. This level now acts as the key battleground for the next major move. In the bullish scenario, a confirmed breakout above the POC could turn this zone into support and pave the way for a retest of the Value Area High (VAH) around $119,300. Such a move could also trigger short liquidations, driving BTC toward the buy-side liquidity zone sitting above $120,000. In the bearish scenario, continued rejection from the POC would point toward renewed selling pressure, targeting the Value Area Low (VAL) near $107,500 — where significant stop-losses and long liquidations remain clustered. Related Reading: XRP Whales Flood Binance With Massive Deposits – Selling Pressure Mounts Bitcoin Bears Defend the $110K Zone Bitcoin is once again struggling to reclaim momentum after failing to break through resistance near $111,000. The chart shows that BTC remains trapped below key moving averages, with the 50-day SMA acting as a dynamic ceiling around $112,000 and the 100-day SMA near $114,000 reinforcing bearish pressure. Meanwhile, the 200-day SMA, currently positioned around $107,000, is providing short-term support — a critical line that bulls must defend to avoid deeper losses. The market structure indicates that BTC continues to trade within a defined range between approximately $107,000 and $117,500. Recent price action has been characterized by failed breakout attempts and sharp pullbacks, highlighting indecision and low conviction among both bulls and bears. Related Reading: The Bitcoin OG Is Back – Opens Massive Short After $30M USDC Deposit A sustained move above the $111,000–$112,000 zone could open the path for a test of $117,500, which has repeatedly acted as a major resistance level since August. However, a breakdown below $107,000 would likely accelerate selling pressure toward the $103,000 area — the flash-crash low from earlier this month. For now, Bitcoin remains in consolidation, with market participants awaiting a decisive breakout to confirm whether the next major move will be a bullish reversal or a continuation of the current downtrend. Featured image from ChatGPT, chart from TradingView.com

Veteran chartist Peter Brandt ignited a fresh technical debate on X after publishing two annotated charts—one of today’s Bitcoin daily bars, the other of Chicago Board of Trade soybeans from 1977—arguing that the cryptocurrency may be carving out a broadening top akin to the historical commodity pattern that preceded a 50% collapse. “In 1977 Soybeans formed a broadening top and then declined 50% in value,” Brandt wrote. “Bitcoin today is forming a similar pattern. A 50% decline in $BTC will put MSTR underwater. Whether I am right or wrong, you have to admit this old guy has the gonads to make big calls.” What This Means For Bitcoin Price Brandt’s side-by-side comparative overlay is central to his thesis. The soybean chart marks an “Ascending Megaphone” that resolved sharply lower, while his current Bitcoin chart shows an expanding range bounded by rising upper and lower trendlines with a highlighted “sell zone” near the mid-range around $114,800. While the upper boundary sits just above $125,000, the lower trendline now tracks a descending band around $102,000–$100,000. Related Reading: CryptoQuant’s Moreno Eyes Bitcoin At $195,000 If This Happens The BTC panel also includes short-term moving averages (8-period and 18-period) and a modestly elevated ADX reading, capturing a market that has been volatile within a widening corridor rather than trending cleanly. On Brandt’s rendering, recent bounces have stalled beneath a horizontal resistance band, consistent with the “sell zone” annotation. The post triggered immediate pushback from pattern specialists, most notably Francis Hunt (TheMarketSniper), who argued that the similarity is superficial because the direction of the megaphone matters. “If you have #HVFmethod you would notice whilst the broadening structures look the same. The Soybeans was an Ascending Megaphone on a bull trend => Bearish. Bitcoin is a Descending structure on a bull trend, eventually => Bullish. Place a splitter between each for net gradient.” Related Reading: Bitcoin Price 60% Crash To $50,000 Coming? Why All Roads Point To A Decline Brandt, who has a long record of public calls across FX, commodities, and crypto, framed his view as a live hypothesis rather than a certainty, adding an important nuance a few hours later: “I am a Bayesian. I deal in possibilities, not probabilities and certainly not certainties. At any given time I have binary TA and macro narratives playing in my head — $250k Bitcoin or $60k Bitcoin. I consider all possibilities and look for asymmetrical bets in either direction.” He also acknowledged the alternative read from Hunt: “I’ll be first to admit you could be right. I am willing to go with it in either direction. If BTC goes up I want to be long, if it goes down I want to be short.” At the heart of Brandt’s warning is second-order exposure: Strategy (MSTR), the business-intelligence firm that has accumulated the world’s largest Bitcoin treasury, would, in his words, be “underwater” if BTC fell by half from current levels. The firm’s average acquisition price is currently about $74,010 per BTC (inclusive of fees and expenses), based on the company’s latest disclosure this week putting total holdings at 640,418 BTC for roughly $47.4 billion. At press time, BTC traded at $107,998. Featured image created with DALL.E, chart from TradingView.com

On-chain data shows the recent bearish Bitcoin price action has put the network’s short-term holder whales into a significant unrealized loss. New Bitcoin Whales Have Dived Underwater In a new post on X, on-chain analytics firm CryptoQuant has discussed about the latest trend in the profit-loss situation of the short-term holder Bitcoin whales. The “short-term holders” (STHs) broadly refer to the BTC investors who purchased their coins within the past 155 days. Related Reading: Chainlink To $100? Analyst Says This Breakout Could Be The Trigger The STH whales (or “new whales”) are the holders with 1,000+ BTC (equivalent to $110.8 million at the current exchange rate) who got into the market during the last five months. Now, here is the chart shared by the analytics firm that shows the trend in the net unrealized profit/loss held by the STH whales over the past year: As displayed in the above graph, the Bitcoin STH whales have seen their profit-loss balance lean heavily into the underwater territory following the recent bearish wave in the cryptocurrency’s price. This means that the members of this cohort are now carrying a heavy amount of net loss. More specifically, the STH whales are holding about $6.95 billion in unrealized loss, which is the largest for the group since October 2023, about two years ago. This indicates significant pressure among big-money investors, especially considering that the STHs control a notable chunk of the whale Realized Cap. The Realized Cap is an indicator that basically measures the total amount of capital that Bitcoin investors have put into the cryptocurrency. The Realized Cap of the new whales, in particular, corresponds to the big-money capital that came into the network during the past 155 days. From the above chart, it’s apparent that the new whales today control around 45% of the total whale Realized Cap, which is a new record. Considering that the cohort as a whole is underwater, this capital is naturally being held at a net loss now. The recent growth in the Realized Cap of the STH whales has come as the long-term holders (LTHs), covering investors with a holding time greater than the STH upper limit of 155 days, have been participating in distribution. Related Reading: Ethereum Death Cross That Last Preceded A 60% Drop Just Returned As the chart shared by CryptoQuant community analyst Maartunn shows, 337,300 BTC has exited the wallets of the Bitcoin LTHs over the last 30 days. So far, new capital has been coming in to absorb this selloff from the HODLers, but with the STH whales now under pressure, demand for the cryptocurrency may be starting to weaken. BTC Price At the time of writing, Bitcoin is trading around $111,000, down 1.7% over the last week. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com

Following a significant rally, the valuation of gold has begun to decline. Meanwhile, Bitcoin (BTC) appears to be experiencing a slight capital rotation towards it, as evidenced by Tuesday’s price performance, which led to a recovery of the $112,000 mark. In this context, asset manager Bitwise has released a new report that outlines promising price prospects for the market’s leading cryptocurrency, despite the challenges it has faced over the past few weeks. How Gold’s Rise Fuels Bitcoin Opportunities Authored by Andre Dragosch, Max Shannon, and Aayush Tripathi from Bitwise Europe’s research and analysis department, the report highlights that crypto prices have been underperforming compared to traditional assets, largely due to a bearish market sentiment triggered by renewed weaknesses in US regional bank stocks.  The report emphasizes the fluctuating relative performance of Bitcoin against gold, which tends to vary with changes in cross-asset risk appetite. A renewed risk-on environment could potentially reaffirm Bitcoin’s leadership in performance over gold.  Related Reading: Bear Market Alert: Top Expert Claims Bitcoin Price Fate Hangs On $101,700 Support Level A key catalyst for Bitcoin’s recovery over the coming months could stem from this capital rotation. Gold has experienced a meteoric rise this year, driven by expectations of easier monetary policy and growing concerns regarding US fiscal debt.  According to Bitwise, even a modest capital rotation of just 3% to 4% from gold to Bitcoin could significantly impact the cryptocurrency’s price, potentially doubling its value, as seen in the chart below. Interestingly, a 5% shift in investments from gold to Bitcoin could increase its price by over 126%, propelling it to $242,391. This is based on a baseline price of $107,240, which is Bitcoin’s price at the time of Bitwise’s publication. Why Is $118,000 Key For BTC’s Outlook? Historical patterns suggest that Bitcoin’s performance leadership may reassert itself during a risk-on phase. This potential shift is not merely speculative; the report points out that a similar trend occurred in 2020, when Bitcoin began its ascent to new all-time highs in October, coinciding with a stall in gold’s rally that began in July. The analysts believe this performance pattern could repeat itself, particularly if gold’s rally pauses. They highlight that sustaining gold’s rally typically requires a significantly larger capital influx compared to Bitcoin, which could create headwinds for gold’s continued performance. Related Reading: Solana Co-Founder Ventures Into Perpetual DEX Development: What You Should Know Lastly, on-chain analysis reveals a robust liquidity cluster between $93,000 and $118,000, forming a critical boundary between bull and bear market conditions. The report suggests that a decisive move above the upper end of this range at $118,000 could result in a new price rally.  Featured image from DALL-E, chart from TradingView.com

Bitcoin’s weekly chart shows promising signs of strength as the RSI continues to climb, hinting at the potential for further upside. However, the battle isn’t over yet. With price hovering near the critical $107,000 support, bulls must defend this level to prevent deeper downside pressure. RSI And Price Alignment: A Textbook Case Of Momentum Confirmation In a recent market update, EGRAG CRYPTO questioned whether the bulls and bears are even analyzing the same chart, as the current macro weekly structure of Bitcoin shows no signs of bearishness. The broader setup remains firmly bullish, suggesting that the ongoing price movements are part of a healthy uptrend. Related Reading: Bitcoin (BTC) Price Eyes $114,000 Retest Amid Bounce, But Analyst Suggests Caution The analyst emphasized that when Bitcoin’s price and the Relative Strength Index (RSI) rise simultaneously on the weekly timeframe, it serves as a confirmation of momentum rather than a warning sign. This alignment often signals strong buying interest and market conviction, supporting the argument for continued bullish pressure in the near to mid-term. EGRAG CRYPTO further highlighted that the Exponential Moving Average (EMA) ribbon remains supportive, reinforcing the trend’s strength. In the expert’s view, the current setup is a clear indication of macro confirmation, not mere market noise. Such alignment between indicators typically precedes significant continuation phases, showing that the trend remains well-structured and sustainable. However, the expert added a note of caution, stating that traders should only be wary if the RSI climbs into overbought territory above 70, which could suggest a temporary cooldown. For now, with RSI hovering around 50, Bitcoin still has plenty of room to run. This leaves the market with a strong technical foundation and considerable potential for further upside momentum. Bitcoin Faces Rejection At $111,000: Bulls Lose Grip On Momentum According to Crypto VIP Signal’s latest analysis, Bitcoin is currently facing challenges after failing to sustain its upward momentum above $111,000. The rejection from this point suggests that selling pressure remains strong, keeping bullish momentum temporarily in check. Related Reading: Bitcoin On-Chain Activity Slumps Below 365-Day Average – Is Momentum Losing Steam? Crypto VIP explained that Bitcoin is now retesting the $107,000 support zone, a critical area that could determine the next possible move. Holding this level is essential to prevent a deeper pullback, as it has served as a key foundation during previous consolidation phases. However, a decisive break below the $107,000 support would likely trigger additional selling pressure, potentially extending the ongoing correction. Monitoring this level closely now appears important, since a bounce from here could reignite bullish sentiment, while a breakdown might expose Bitcoin to further downside risks in the short term. Featured image from Pixabay, chart from Tradingview.com

While Bitcoin (BTC) has declined more than 13% from its fresh all-time high (ATH) of $126,199 recorded earlier this month on October 6, CryptoQuant contributor PelinayPA is confident that there is a 55% chance that the BTC top for this market cycle is not in yet. Bitcoin Top Not In Yet – More Upside Ahead? According to a CryptoQuant Quicktake post by contributor PelinayPA, there is a 55% probability that the Bitcoin top for the ongoing market cycle is not in yet. The analyst highlighted BTC’s recent on-chain flows to support their claim. Related Reading: Bitcoin Cycle Score Turns Negative With Trend Below $106,780 – When Will The Correction End? In their analysis, PelinayPA noted that although BTC’s price has tumbled from more than $126,000 to around $109,000 in the second half of 2025, there has been a noticeable increase in 0-1 day BTC inflows to exchanges. A rise in 0-1 days BTC inflows to exchange typically has two implications – short-term traders are taking profits, and there is a temporary phase of repositioning of liquidity as traders transfer their holdings to exchanges, anticipating price volatility. The analyst added that BTC held for more than six months is largely inactive, indicating that long-term holders are likely not selling despite the recent market crash. This signals market confidence among long-term holders, minimizing the possibility of another major sell-off in the near term. PelinayPA remarked that such behavior typically occurs in the mid or maturing stages of a bull cycle, where any dip in price is seen as an opportunity to accumulate instead of a trend reversal.  Currently, the Bitcoin market is in a natural consolidation phase within an ongoing uptrend. The analyst added: In the short term, Bitcoin could revisit the $102K region as short term traders continue to take profits. However, since this selling pressure originates mainly from newer holders, it is unlikely to disrupt the broader bullish structure. These dips may offer attractive entry opportunities. Concluding, Pelinay commented that the lack of selling activity among BTC holders in the 6-months to 10-year time-band range shows that there is a 55% probability that the bull market top has not yet formed. BTC Could Dip To $102,000 The CryptoQuant contributor noted that, although it is likely that the BTC bull market top is not in yet, it does not mean that the top cryptocurrency would not see further temporary decline. If selling persists, BTC could once again test the $102,000 support level. Related Reading: Bitcoin Market Feels “Too Efficient” As Arbitrage Opportunities Vanish – What It Means For Price? Similarly, crypto analyst Elliot Waves Academy remarked that BTC has likely finished the bullish leg of the ongoing market cycle. The analyst added that BTC is likely to consolidate around its current levels.  That said, a fellow CryptoQuant contributor noted that BTC has entered the ‘disbelief phase,’ and may take the bears by surprise with a sharp surge in price. At press time, BTC trades at $108,472, down 2% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com

The concept of a price battleground in Bitcoin markets refers to a critical price range where the forces of buying and selling pressure are in a fierce and decisive contest. This is where the outcome is expected to determine BTC’s overall direction and confirm a continuation of a bull market or bear market correction. Why This Zone Will Define Bitcoin’s Next Expansion Phase In an X post, an institutional-grade reporter, Bitcoin Vector, has highlighted that BTC has entered its decisive battleground between $110,000 and $115,000, which could determine the trajectory of the entire cycle. In the past week, spot demand, which is the engine of sustained rallies, was notably weak and capped by the escalating US-China trade tensions. Related Reading: Bitcoin Enters ‘Disbelief Phase’ – Could Short Sellers Face The Next Squeeze? As those tensions eased, that spot demand showed signs of returning, allowing BTC to claw its way back above the critical $110,000 level. Despite recovery back into the battleground, momentum remains negative and flat. Without sustained inflow and spot demand, the bullish structure could fade fast, leaving BTC exposed to another pullback. However, if demand holds and momentum turns up, BTC advances deeper into the battleground. A failure to maintain this range and BTC may risk retreating again and raising the white flag. A full-time crypto trader, Sykodelic, has also offered a highly optimistic prediction that Bitcoin will be back to an All-Time High (ATH) by the end of the month. The market is still in uncertainty and fear, where BTC thrives for its next leg higher. This is the stage of the cycle where disbelief dominates. As a result, traders convince themselves the rally is over, and that’s when BTC starts to move again. By the time BTC approaches its previous highs, traders will finally believe again, which often happens when another long flush clears out late entrants. Technically, BTC price is moving back above the 4-hour 50-period Simple Moving Average (SMA). Each time, Bitcoin successfully retests this level as support, the price continues to expand higher. “I think the worst is behind us,” Sykodelic noted. The Supply Battle That Shapes The Next Cycle The current Bitcoin market is in a supply tug-of-war between two powerful forces. According to the ambassador of MGBX_EN, BitBull, long-term holders (LTHs) have been constantly offloading their coins, while institutions are aggressively absorbing the supply through Spot ETFs and Digital Asset Treasuries (DATs).  Related Reading: Bitcoin Profit-Taking Hits $2.25 Billion Following Market Crash — What Could This Mean? Meanwhile, the treasury holdings have quietly surpassed $120 billion, with BTC still dominating the stack. Spot ETFs alone have absorbed tens of thousands of coins this quarter, proving that institutional demand remains strong. However, LTHs are still selling faster than ETFs, and DATs can absorb. Historically, when this kind of accelerated LTH distribution occurs, BTC tends to lose short-term momentum.  This is not a bearish setup, but it does imply that the upside remains temporarily capped until the selling pressure fades. Thus, institutions are buying the strength, not the bottoms. Ultimately, the next major breakout hinges on when long-term holders stop distributing and return to accumulation mode. Featured image from Pixabay, chart from Tradingview.com

Economist and former forex analyst Moonchaser is explaining why expectations of the XRP price reaching $100,000 are not realistic. According to Moonchaser, many XRP fans misunderstand how market value works by claiming that XRP has no market cap. The economist highlighted that XRP, like any other asset or cryptocurrency, is affected by supply, demand, and liquidity. Economist Explains The Reality Behind Price Reaching $100,000 Moonchaser, who studied economics and previously worked as a forex analyst, says that some people in the XRP community believe the token can reach extreme prices because they think it has “no market cap.” This idea, Moonchaser explains, is built on a misunderstanding of how currencies are valued and traded in real-world markets. In their view, economic principles apply equally to all assets, whether they are fiat money, commodities, or digital tokens. Related Reading: Dogecoin 3rd Cycle Explosion: Analyst Revels The Only Difference From Last Two Cycles Using the U.S. dollar as an example, Moonchaser notes that every currency has a measurable total value based on the amount in circulation and its global trade. The dollar’s value changes daily because of the balance between supply, demand, and liquidity. The same rule applies to the XRP price, which also trades across international markets and follows the same market laws. It means that XRP’s price is not free from limits and cannot simply rise endlessly based on belief or community hype. Moonchaser stresses that ignoring these realities creates unrealistic expectations within the XRP community. According to them, calling XRP a “currency” does not make it limitless in value; instead, XRP functions within the same market framework that governs all other financial assets. XRP Can’t Overtake Bitcoin Due To Market Structure In their post, Moonchaser further explains that market capitalization, which is price multiplied by circulating supply, applies to every form of tradable asset. Whether it’s fiat money, gold, or a digital coin, traders can always calculate the total market value. XRP is no exception to this rule. The economist points out that XRP has a measurable circulating supply and a price that moves through normal market discovery, where the balance between buyers and sellers directly determines its potential value, not wishful thinking. “Currency does not mean a capless asset,” Moonchaser says, reminding traders that every market has structure and limits. Related Reading: Why The Dogecoin Price Could Still Hit A 600% Rally To Send It Above $1.5 Moonchaser emphasizes that their comments do not spread fear or negativity toward XRP. Instead, they want XRP investors to understand the realistic economic structure behind its price movement. XRP’s market position depends on measurable data, not speculation about infinite growth. The economist concludes that this is not FUD—it is simply market reality based on economics. Through this explanation, Moonchaser helps the XRP community see that price growth depends on genuine demand and market behavior, not dreams of capless value. While XRP continues to be an essential player in digital finance, the idea of it reaching $100,000 or surpassing Bitcoin remains far from economic reality. Featured image created with Dall.E, chart from Tradingview.com

Crypto analyst Captain Faibik has predicted that the Bitcoin price could crash to as low as $50,000, representing a 60% crash for the flagship crypto. The analyst explained why he has turned bearish on BTC, while declaring that the bull run is over.  Why The Bitcoin Price Could Crash To $50,000 In an X post, Captain Faibik shared an accompanying chart which showed that the Bitcoin price could crash to $50,000 from its current level. This came as the analyst stated that he is turning bearish on BTC for the mid-term. He further remarked that the bull run is over and that now late buyers are getting trapped.  Related Reading: Bitcoin Open Interest Hits Lowest Level In 2025, Is A Pump Or Crash Coming Next? Captain Faibik went on to note that the Bitcoin price is still moving inside the rising wedge, trading above the weekly MA50 while bulls remain in control for now. However, he warned that the structure is weakening and momentum is fading. Notably, the analyst had earlier mentioned a possible correction toward the $100,000 level, which remains a possibility with BTC trading close to this range.  The Bitcoin price has continued to show signs of weakness since hitting a new all-time high (ATH) above $126,000 earlier in the month. Rising trade tensions between the U.S. and China have contributed to the recent declines in BTC. The flagship crypto again dropped yesterday after Trump threatened to impose a 155% tariff on China if they do not reach a trade deal by November 1.  Meanwhile, crypto analyst Titan of Crypto also indicated that the Bitcoin price may be topping out. This came as the analyst revealed that a BTC monthly LMACD cross was happening. The analyst noted that historically, these crosses have marked the beginning of the bear phase or a major cycle top. However, he added that this is still not confirmed as the monthly candle hasn’t closed yet.  The BTC Top Is Not Yet In Crypto analyst CrediBULL Crypto recently asserted that the cycle top is not yet in and that the Bitcoin price will reach $150,000 before the cycle is over. He explained that the rate of ascent should increase at an increasing rate into the final 5th subwave, which will make the blow off top. The analyst added that this implies that all impulses moving forward will be more aggressive than the ones prior.  Related Reading: Analyst Says Bitcoin Price Is Ready To Surge: ‘We Would Already Be Below $108,000 If The Crash Wasn’t Over’ CrediBULL Crypto further stated that the Bitcoin price is currently in subwave 2 of the final 5th wave after completing the impulsive subwave 1, which took it from $74,000 to $112,000. He predicted that subwave 2 should bottom between the current level and $74,000, which is the higher timeframe invalidation.  Meanwhile, he explained that the measured move of the 1st subwave was $37,500. As such, a fair assumption is that the 3rd and 5th waves will be larger, which implies a minimum target of $150,000 for the Bitcoin price by the end of the cycle.  At the time of writing, the Bitcoin price is trading at around $107,600, down over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com

Bitcoin’s violent futures deleveraging earlier this month reset market positioning but did not break the broader bull trend, according to Julio Moreno, Head of Research at CryptoQuant. Speaking on the Milk Road podcast on October 20, Moreno argued that the path to fresh highs remains open if spot demand stabilizes and the macro overhang from US–China tariff negotiations clears. The key inflection he’s watching is Bitcoin reclaiming its on-chain traders’ realized price near $115,000. “The resistance will be around $115K,” he said. “If the price goes above that… the range that we could expect is $150–$195K. To the downside… it’s around like $100K.” Bitcoin Bull Run Is Reset Moreno characterized the October 10 deleveraging as the largest dollar liquidation in the history of Bitcoin and Ethereum perpetuals, with roughly $20 billion in open interest wiped out in a single day as total OI fell from an all-time high near $78 billion to around $58 billion, later hovering closer to $56 billion. He noted that in unit terms the event was “a little bit short of the FTX liquidations,” but emphasized that the dollar magnitude reflected today’s larger derivatives base, not a structural break. The relative resilience of spot price—Bitcoin “only got to… $110,000” that day, after a wick to “103,000” two days prior—underscored, in his view, that demand and the cycle’s price floor sit well above prior cycles even amid forced unwinds. “It doesn’t put you in a bearish market,” Moreno said, adding that buyers still absorbed supply quickly enough to avert a trend break. Related Reading: Bitcoin Enters ‘Disbelief Phase’ – Could Short Sellers Face The Next Squeeze? CryptoQuant’s composite “bull score” of ten on-chain indicators had already rolled over before the crash, dropping from roughly 80 to 40 by October 6 as momentum cooled and spot demand began to contract. After the liquidation, the score slid toward 20, which Moreno described as “on the bearish side right now.” He stressed that on-chain metrics are not price predictors so much as risk gauges: “It’s going to signal to you the risks… when all these metrics… converge into telling you there’s increasing risks, then it’s when you have to be more careful.” Several datapoints pointed to a market that was stretched into the shock. Total crypto open interest set a record near $78 billion just before the event, a classic over-leverage tell. Profit-taking surged above $3 billion in early October as spot neared the prior all-time high in the $124K–$126K zone, fitting CryptoQuant’s “profit–pause–push” framework in which aggressive realization precedes cooling. Moreno also highlighted that spot demand flipped from growth to contraction around October 6—days before tariff headlines and the liquidation—helping explain why the risk backdrop was deteriorating even without the macro spark. “We were starting to see some high profit taking… not only because of the macro events,” he said. Who’s Selling, Who’s Buying Bitcoin? The compositional flow of coins during the drawdown supports the view of a rotation rather than a structural buyer strike. Moreno said “OG” whales and early miners—an aggregate cohort he estimates hold roughly 600,000 BTC excluding Satoshi—resumed distribution as prices pushed past $100K, a recurring dynamic in every cycle as supply migrates to new hands. Institutional demand, by contrast, remained steady. Related Reading: Bear Market Alert: Top Expert Claims Bitcoin Price Fate Hangs On $101,700 Support Level Because ETF custodial wallets often bucket between 100 and 1,000 BTC per address for security, CryptoQuant tracks that “dolphins” cohort as a proxy. “That cohort… is still buying,” Moreno said, adding that whales increased their accumulation “during this correction,” with year-over-year holdings expanding “above trend.” Liquidity conditions corroborate the bid: stablecoin market caps, led by USDT, continued to expand through the drawdown, a pattern he would not expect “if we are… in a bear market.” Altcoins were far more fragile around the shock. Transactions sending altcoins to exchanges spiked to year-to-date highs during the liquidation, signaling a scramble for exits across low-liquidity names. Moreno cautioned that this cycle has been notably selective across sectors rather than a blanket “alt season,” and reiterated a theme that has become more obvious in 2025: robust protocol activity and fee generation no longer translate mechanically into token outperformance without explicit economic linkage. “Even if the protocol is doing well doesn’t necessarily mean that the token is going to do well,” he said. What To Expect From Q4 And 2026 Macro remains the wild card for Q4. Moreno believes rate-cut expectations are largely embedded—“the market already… has priced what the Fed will do”—and that only an unexpectedly large cut would be a fresh positive catalyst. By contrast, the US–China tariff trajectory is front-and-center. “If we get that out of the way then… a really positive Q4 can resume,” he said, noting that tariff headlines were the proximate trigger for October’s deleveraging and were also behind a sharper demand contraction back in March–May. Until clarity returns and spot demand re-accelerates, he expects chop around well-defined levels. That leaves Bitcoin boxed between a tactical resistance and a psychological floor. Moreno pegs the traders’ on-chain realized price near $115,000 as first resistance and the $100,000 area—where short-term holders sit on roughly a 10% unrealized loss—as the downside line where forced selling typically abates in bull markets. A decisive reclaim of $115K would, in his model, validate a run toward $150,000–$195,000. “We’re not that far… from the previous all-time high,” he said, adding that new highs in Q4 are plausible if the tariff overhang resolves. As for the cycle peak, he leans against an extended mania deep into 2026 or 2027, citing CryptoQuant’s diminishing-intensity bull readout even as price has risen. “I would not expect… more than Q1 2026,” he said, with the caveat that timing tops remains guesswork. “Probably we all are going to be wrong.” At press time, BTC traded at $108,187. Featured image created with DALL.E, chart from TradingView.com

The Bitcoin price showed some signs of recovery at the start of the week, trading above the $110,000 mark. This uptick follows two consecutive Fridays of major drops, igniting fears and uncertainty among investors. These concerns have been compounded by predictions from experts about a potential bear market on the horizon. Looming Bear Market Threat Market analyst Doctor Profit, known for his accurate forecasts regarding the recent Bitcoin price trajectory, has recently cast doubt on whether market makers will allow both retail and institutional investors to exit at more favorable prices after incurring losses.  Related Reading: Dogecoin Price Moves: Can It Repeat The 36,000% Rally ‘Anomaly’ From Last Cycle? In a social media post on X (previously Twitter), he suggested that the maximum bullish scenario for the Bitcoin price in the near-term could reach around $116,500, representing a 9% increase from its current levels.  However, he emphasizes that a drop below $101,700 would breach what he terms the “magic bull market line,” effectively confirming a bear market. Profit advises caution, predicting a significant move that could push the Bitcoin price below this critical threshold, signaling the end of the bull run. Adding to the bearish sentiment, the Bitcoin price is currently hovering below the short-term holder realized price of $112,500. This figure represents the average entry point for short-term traders and buyers, many of whom are now facing losses.  On-chain data compiled by the expert also indicates that these traders are likely to sell off their positions if the Bitcoin price dips between 5% and 10%, potentially intensifying short-term selling pressure. Challenging Times Ahead For Bitcoin Price Profit further elaborates on the market conditions, pointing out that current price movements are indicative of market makers liquidating both bullish and bearish positions.  “Nothing goes down in a straight line,” he notes, suggesting that while the market could be in a bear market, it is essential to remain aware of short-term fluctuations. He argues that high-leverage traders must be wiped out on both sides before the market experiences its next significant downward movement.  Related Reading: Is The Dogecoin Bull Run Over? Analyst Sees Echoes Of 2021 The expert also warns that every brief rally is designed to mislead bullish traders and liquidate late bearish positions. The market makers’ strategy appears to involve pushing Bitcoin toward the $116,500 region to eliminate late bears and generate sufficient liquidity for another downward price adjustment, potentially leading to new local lows.  Looking ahead, Doctor Profit predicts that such price movements will continue to recur in the coming weeks and months, creating a challenging environment for investors in the volatile digital asset market. Featured image from DALL-E, chart from TradingView.com 

After the massive crash on October 10 – which saw Bitcoin (BTC) touch $102,000 before recovering some losses – some analysts now predict that the top cryptocurrency may be on the verge of another bullish rally as it enters the ‘disbelief phase.’ Bitcoin In Disbelief Phase – Trouble For Bears? According to a CryptoQuant Quicktake post by contributor Darkfost, Bitcoin appears to be entering the disbelief phase, which increases the possibility of a rebound to the upside. The contributor emphasized the slightly negative funding rate to support their analysis. Related Reading: Bitcoin Cycle Score Turns Negative With Trend Below $106,780 – When Will The Correction End? For the uninitiated, the Bitcoin disbelief phase occurs when a new uptrend begins, but most investors remain skeptical after a recent correction, doubting that the recovery is real. During this phase, lingering bearish sentiment and short positions often act as fuel for a stronger rally once confidence returns. Darkfost stated that investors’ skepticism toward BTC returning to bullish mode can be gauged through BTC funding rates in the derivatives market. Funding rates remained negative at -0.004% on the exchange for six out of seven days over the past week, indicating traders are still slightly bearish. The likely reason behind traders’ short bias is the October 10 crypto market crash that led to a liquidation worth $19 billion. Since then, traders have consistently chosen to short the market instead of getting trapped in another price pullback. However, the longer BTC remains in the disbelief phase, the stronger the potential for an explosive upside move becomes. Darkfost added: If the current uptrend continues to establish itself, the growing pile of short positions against it could become a powerful fuel for the next leg higher. As these shorts get liquidated, it would drive prices upward, triggering a short squeeze. If a short squeeze happens, then BTC could quickly rally to major liquidity zones around $113,000 level, and even as high as $126,000 region, where significant short orders liquidations are clustered. The analyst shared two previous instance where such a pattern played out. In September 2024, BTC fell to $54,000 before surging to a new all-time high beyond $100,000. Similarly, in April 2025, the flagship digital asset rallied from $85,000 to $111,000, before climbing even higher to $123,000. To conclude, the Bitcoin market may be on the verge of another short squeeze, fueled by investors’ skepticism. BTC Investors Need To Be Cautious Although BTC is giving hints of a looming short squeeze, investors should still exercise some caution before entering the market in hopes of an instant turnaround in sentiment. For example, Bitcoin activity recently slumped below its 365-day average, raising fears of a loss of momentum. Related Reading: Bitcoin Market Feels “Too Efficient” As Arbitrage Opportunities Vanish – What It Means For Price? That said, some crypto analysts forecast that BTC is likely done with the price correction and is set to surge in the coming days. At press time, BTC trades at $110,814, up 2.8% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com

Bitcoin and Ethereum rose after US President Donald Trump confirmed a meeting with China’s leader during the APEC summit on October 31. Based on reports, Bitcoin climbed nearly 4% while Ethereum gained about 5% and traded around $4,030. The whole market added roughly $100 billion in value in a short window, according to market watchers. Related Reading: $3M In Stolen XRP Tracked — But Victim May Never See It Again: Investigator Insider Whale Bets And Mixed Positions Reports have disclosed that an insider whale opened $255 million in long positions across Bitcoin and Ethereum. At the same time, the same trader put on a $76 million short on Bitcoin with 10x leverage. The moves look like a bet on swings in price rather than a single directional stake. Observers note the trader has a history of large, well-timed trades, including a prior $730 million short that paid off. There is no clear public ID for this whale, and the motives are being examined by analysts. Insider Bitcoin whale is back. He just opened a $76,195,977 $BTC short position with 10x leverage. Does he know something? pic.twitter.com/K4ldvQE1TN — Ted (@TedPillows) October 19, 2025 Political Shift Sends Prices Higher Based on reports, comments by US President Donald Trump helped calm markets. He reportedly said “it will all be fine” when speaking about China’s economy, and the tone toward Beijing softened after a week where he had announced a 100% tariff on Chinese goods. That tariff claim had sparked a big sell-off across traditional and crypto markets just days earlier. Market players reacted quickly to the latest signals of a thaw, viewing the upcoming meeting as a chance for reduced tension. ????BREAKING AN INSIDER WITH A 100% WIN RATE JUST OPENED $BTC AND $ETH LONGS WORTH $255 MILLION HE DEFINITELY KNOWS SOMETHING ???? pic.twitter.com/hwAkXPzBwW — Wimar.X (@DefiWimar) October 19, 2025 On-Chain Activity And Institutional Moves According to on-chain data and exchange records, large-scale activity continued across spot markets. BitMine was reported to have picked up about $1.5 billion worth of Ether, a move that market participants say shows faith in Ethereum’s long-term outlook. Meanwhile, El Salvador quietly added eight BTC to its reserves, bringing its total holdings to 6,355.18 BTC. Exchange Flows Show Withdrawals Based on exchange records, major centralized platforms recorded a net outflow of roughly 21,000 BTC over the past week. Coinbase Pro and Binance were named among those with the biggest withdrawals, showing about 15,000 BTC and 12,000 BTC moved off exchanges, respectively. Traders interpret such flows in different ways: some see accumulation into private wallets, others see funds repositioned by large traders. Related Reading: Biggest Shiba Inu Burn In Months — And It Came From A Coinbase Account The Implications Of This Moving Forward Reports indicate that the market is reacting to both political signals and positions being adjusted by big hands. If the rhetoric between the US and China continues to show friendly signals, prices may push higher and retest monthly highs. But the presence of a sizeable short position alongside large long positions suggests that volatility will stay. Presently, data points are being watched closely and traders are establishing balances between advancing positions and hedging. Featured image from Gemini, chart from TradingView

Bitcoin is staging a modest rebound after several days of intense selling pressure and fear across the market. The leading cryptocurrency has struggled to establish stable support, with volatile swings making it difficult for traders to navigate. Despite the uncertainty, some market participants continue to move strategically — and one of the most well-known whales has just made a big return. Related Reading: Bitcoin Bulls Rely on STH Realized Price Support Cluster: Loss Could Trigger $100K Retest The trader known as BitcoinOG (1011short) — who gained fame for earning over $197 million during last week’s flash crash — is back in action. On-chain data shows that he has deposited $30 million in USDC to Hyperliquid and opened a 10x short position on 700 BTC, worth roughly $75.5 million. This move has drawn the market’s attention, reigniting speculation about whether the whale anticipates another leg down for Bitcoin. While BTC is attempting to recover above the $110,000 mark, the presence of such a large short position highlights lingering bearish sentiment and a lack of conviction among traders. For now, bulls are fighting to stabilize price momentum, but with whales like 1011short back in the game, volatility is likely far from over — and the market may be in for another sharp move soon. Whale’s Short in Profit as Market Tension Rises According to Lookonchain, the whale known as BitcoinOG (1011short) currently holds an unrealized profit of about $880,000, or roughly 11%, on his latest $75.5 million short position opened on Hyperliquid. The trade, placed during Bitcoin’s rebound phase, has quickly gained traction as BTC struggles to sustain momentum above the $111,000 level. This move has sparked unease among investors and traders alike, many of whom view it as a potential warning sign that larger players may be positioning for renewed downside pressure. Still, analysts warn that this might not tell the full story. While the 1011short address has earned a reputation for precision — notably pocketing $197 million during the October 10 flash crash — the transparency of on-chain data has limits. It’s unclear how many positions this whale currently holds across other exchanges or what the exact strategy behind his trades may be. As such, reading his moves as a simple bearish bet could be an oversimplification. The next few days will be critical for Bitcoin’s trajectory. If the whale decides to scale his short further, it could intensify selling pressure and drag BTC toward key support levels. Conversely, if he closes out the position or pivots to longs, it might suggest a short-term market bottom. Either way, the setup points to heightened volatility ahead, with traders bracing for sharp price movements as the market digests this high-profile activity. Related Reading: BNB Active Addresses Hit Record 3.6 Million – Analyst Explains Network Growth Bitcoin Holds Weekly Support, but Resistance Looms Bitcoin is showing early signs of stabilization on the weekly chart, recovering from its October 10 flash crash low near $103,000 to trade around $111,200. The candle structure suggests that buyers are defending the 50-week moving average (blue line), which has acted as a reliable mid-cycle support throughout the current bull phase. However, the broader structure still shows Bitcoin consolidating below the $117,500 resistance — a level that has repeatedly capped rallies since mid-2025. Until BTC breaks above this zone with strong volume, the market remains trapped in a sideways range, with traders positioning cautiously amid high volatility and uncertain macro conditions. Related Reading: New Wallets Move Over $160M In Bitcoin From Binance And FalconX – Details Momentum indicators point to neutral-to-bearish sentiment, reflecting hesitation among bulls after weeks of heavy liquidations. Yet, the presence of higher lows on the weekly chart continues to support the long-term bullish structure, as long as BTC holds above $106,000–$107,000. If price manages to reclaim and close above $117,500, the path could open toward $125,000–$130,000, aligning with liquidity pockets from previous tops. Conversely, a weekly close below $106,000 would shift the outlook bearish, suggesting deeper corrections ahead. Featured image from ChatGPT, chart from TradingView.com

After finishing up its crash over the weekend, the Bitcoin price seems to be stabilizing as market sentiment starts to move positively once again. However, this has not done much to eliminate the bearish expectations that have erupted following the October 10 liquidation event. As opposed to the expectations that the Bitcoin price will see a recovery bounce that sends it to new all-time highs, crypto pundit MMBTrader has revealed what they call the ‘Whale Buy Zone’ to snap up some ‘cheap’ Bitcoin. Wait For The Bitcoin Price To Crash Below $90,000 Presently, the Bitcoin price is still trending above $100,000 and has held this psychological level even through the multiple crashes that have rocked the crypto market. This constitutes an over 10% crash from the $126,000 all-time high that was recorded back in early October. Related Reading: $536M In Sell Pressure: Why Bitcoin And Ethereum Prices Crashed Despite the decline below $108,000, crypto analyst MMBTrader tells investors that this may not be the best time to actually buy the cryptocurrency. Instead, they advise that investors wait to buy ‘cheap’ Bitcoin at the levels when the whales will be likely to start buying the cryptocurrency again. This whale buy zone is placed below $90,000 and could be as low as $87,000 before support is established. The reasoning behind this is that the Bitcoin price will be trending near the 0.38 and 0.5 Fibonacci levels, which is historically when the Bitcoin price corrections have usually ended. From here, the price is likely to start moving upward with all of the whale buying boosting its momentum. Newer traders entering the market are expected to actually panic and sell their tokens for a between 15% and 40% loss before exiting the market. Then, the Bitcoin price is likely to pump after these weak hands have exited, and the analyst expects that BTC will then put in a new all-time high around $130,000-$140,000. Once this happens, then the newer traders who exited are expecting to start FOMO buying again, with the cycle expected to repeat itself. At this point, investors who bought below $90,000 will be seeing a notable profit on their investments. Stay Sharp And Stick To A Strategy Amid all of this, the crypto analyst advises investors to stick to their strategy and strict risk management when trading cryptocurrencies. The Bitcoin price often moves based on market news, but it is hard to tell what direction each news would take the price in, and it is best to stick to the established strategy long before the news and to set stop loss and take profit levels. Related Reading: XRP Price To Crash 40%? Analyst Reveals Worst-Case Scenario MMBTrader also advises about panic buying and selling due to news. Instead, focus on having a good mindset regardless of how a trade goes. This is regardless of whether a trade ended in a win or a loss; it is important to maintain the right mindset. Featured image from Dall.E, chart from TradingView.com

Bitcoin is trading around $107,000 after its recent flash crash, maintaining stability to prevent further decline but is yet to return to trading above $110,000. Notably, popular crypto analyst Titan of Crypto shared a detailed Gaussian Channel analysis on X that points to Bitcoin’s macro bull structure remaining intact despite short-term volatility. His post, which was accompanied by a Bitcoin price chart, shows how Bitcoin’s position relative to the Gaussian Channel offers a clear view of the ongoing cycle. Related Reading: Michael Saylor Issues Rally Cry To Bitcoin Army: “Starve The Bears!” Bull Market Intact Above Gaussian Channel Titan of Crypto noted that Bitcoin’s placement above the Gaussian Channel represents strength in the long-term trend. As shown in the weekly candlestick price chart below, the green channel corresponds to bullish phases, while red regions represent bearish downturns, a prime example being the 2022 bear market.  At the time of writing, the upper band is positioned around $101,300 and trending upward. Therefore, Bitcoin’s price action around $107,000 means that it is yet to break into the Gaussian channel and its overall market structure is still solid. From this, it can be inferred that Bitcoin’s current pullback from the October 6 all-time high above $126,000 is only a temporary pause within a larger bull market. Bitcoin Gaussian Channel. Source: Titan of Crypto on X However, although the Gaussian Channel reading looks favorable, Titan of Crypto noted that the indicator should not be treated as a trading trigger. “It’s not a buy signal, it’s a macro context indicator,” he stated. Being above the Gaussian Channel doesn’t necessarily equate to buying more. It simply means the bull market structure is still intact.  The Gaussian Channel works best when combined with other indicators such as trading volume, moving averages, and on-chain accumulation trends to confirm directional momentum. Coinbase Premium Gap Turns Red Speaking of other indicators, on-chain data from CryptoQuant shows that the Coinbase Premium Gap, a metric comparing Bitcoin’s price on Coinbase versus other exchanges, has turned red. As shown in the chart below, Coinbase’s Premium Gap went on a sharp decline from positive premium levels above +60 earlier in the week to as low as -40 when the Bitcoin price fell to $101,000. Bitcoin: Coinbase Premium Gap Interestingly, the Coinbase Premium Gap has increased to around -10 at the time of writing, meaning US investors are starting to turn bullish again. This can be seen as a bullish signal, as similar dips in US demand were recorded between March and April before the Bitcoin price eventually rallied more than 60% to reach new all-time highs. Related Reading: Bitcoin Plunges To $105k As Investors Shift To Gold After Crypto Carnage However, a red Coinbase Premium Gap alone is not decisive. It should be interpreted alongside other data points, including ETF inflows, trading volume, liquidity, and derivatives funding rates. At the time of writing, Bitcoin was trading at $107,120. Featured image from Vecteezy, chart from TradingView

The price performance of Bitcoin over the past two weeks has been a major source of concern, as the coin’s value continues to drift away (about 15% down now) from its all-time high. As the flagship cryptocurrency slows down, the latest on-chain data suggests that a group of investors is exiting the market en masse. More Short-Term Holders Are Giving Up Their Holdings In an October 18 post on the X platform, on-chain analyst Darkfost revealed that a significant number of Bitcoin’s short-term investors have started to close their positions and realize their losses. Related Reading: Altcoins Selling Pressure Persists As Exchange Inflow Hits 2025 High — Details Darkfost’s analysis was hinged on the Net Realized Profit/Loss metric, which tracks the net amount (in USD) of profits or losses that are realized on-chain. This metric measures the net profit or loss on a daily basis, averaged, in this case, over seven days. It provides insight into whether more investors are selling at losses or with their heads still above water.. According to the crypto pundit, the realized losses of BTC investors have surged to an approximate level as high as $750 million per day, one of the highest levels this current cycle has seen. Interestingly, Darkfost explained that the magnitude of these capitulation events stands easily comparable to those seen during the 2024 summer correction. What’s worth noting about this capitulation phase is what may likely follow. According to the analyst, events like this usually precede local bottoms. What this means is that after short-term holders (known as the “weak hands”) have surrendered their holdings to the more-confident long-term holders (the “diamond hands”), the cryptocurrency stands a chance of seeing a price rebound — an expectation in congruence with historical trends. However, on the more cautious side, Darkfost offered a subtle warning that the dreary opposite could also be the case in a situation where the market stands at an early bearish phase.  Bitcoin Whales Might Be Accumulating Again Supporting the positive redistribution theory, a Quicktake post on the CryptoQuant platform by Abramchart offers a glimmer of hope for Bitcoin market participants. Referencing the Inflows To Accumulation Addresses (Dynamic Cohort) metric, the analyst highlighted a significant inflow of more than 26,500 BTC into whale accumulation wallets.  When large amounts of Bitcoin — such as this magnitude — are moved, it usually signals an underlying institutional or whale accumulation, as coins are typically transferred from exchanges to these wallets for long-term holding.  Related Reading: Bitcoin Cycle Score Turns Negative With Trend Below $106,780 – When Will The Correction End? Following historical patterns, it is very likely that this accumulation event will precede a continued bullish expansion of the flagship cryptocurrency. As Abramchart explained, this trend all serves as a hint that smart money is “quietly buying the dip.” As of this writing, Bitcoin holds a valuation of about $106,870, with no significant movement seen over the past 24 hours. Featured image from iStock, chart from TradingView

The cryptocurrency market has been hit with another wave of sell pressure as both the Bitcoin and Ethereum prices plunged sharply, triggering widespread panic and uncertainty. With over $536 million in Spot Bitcoin ETF outflows in a single day, the downturn has sparked renewed fears of an extended bearish phase. Analysts are calling this correction a “Bloody Friday,” a less but still severe reflection of last week’s brutal selloff that wiped billions in the market and saw BTC and ETH spiraling downwards.  Related Reading: Biggest Shiba Inu Burn In Months — And It Came From A Coinbase Account ETF Outflows Trigger Bitcoin And Ethereum Price Crash  The recent crash in Bitcoin and Ethereum prices is being attributed to recent large-scale outflows from US Spot Bitcoin ETFs. Crypto analyst Jana on X social media described the event as one of the bloodiest weekly downturns of the quarter, with Bitcoin tumbling 13.3% in seven days and Ethereum sliding 17.8% over the past month. At press time, Bitcoin is trading slightly above $106,940 while Ethereum sits around $3,870, both suffering steep retracements from their recent highs.   Data from SoSoValue shows that Thursday, October 16, saw a staggering $536.4 million in daily net outflows from Spot Bitcoin ETFs, marking the largest single-day negative flow since August 1, when $812 million exited the market. Out of twelve US Bitcoin ETFs, eight registered major outflows, led by $275.15 million leaving Ark & 21Shares’ ARKB, followed by $132 million from Fidelity’s FBTC. Notably, funds managed by other major companies like Grayscale, BlackRock, Bitwise, VanEck, and Valkyrie also reported significant withdrawals.  These persistent outflows have now stretched into their third consecutive day, with October 17, just a day ago, recording a massive outflow of $366.5 million. The sustained negative ETF flows underscore waning investor confidence and suggest that the broader market downturn could continue in the near term. Combined with the $19 billion liquidation event last Friday, increased outflows in ETFs could put more selling pressure on the already fragile market.  Experts Warn Of Deeper Market Pain Ahead Many experts believe that the crypto market may still have more room for a decline. Data from Polymarket, one of the world’s largest prediction platforms, show that 52% of participants expect Bitcoin to drop below $100,000 before the end of October. Veteran economist and Bitcoin critic Peter Schiff has also warned that the coming months could be catastrophic for the industry, predicting widespread bankruptcies, defaults, and layoffs as Bitcoin and Ethereum face another major leg down.  Meanwhile, technical analysts are pointing to signs of deeper weakness in Ethereum’s structure. According to Crypto Damus, Ethereum has broken key weekly support and is displaying a bearish setup on the charts. He says that MACD is about to “cross red,” leaving a significant amount of room for a crash.  Other analysts like Marzell have echoed similar concerns, stating that Ethereum is now nearing a “crash zone.” However, he also highlighted the $3,690 – $3,750 range as a possible short-term demand area where buyers could step in again and trigger the next leg up.   Related Reading: Bitcoin Plunges To $105k As Investors Shift To Gold After Crypto Carnage Featured image from Unsplash, chart from TradingView

Bitcoin’s weekly chart is at a pivotal point, with price action hovering around key structural levels. Traders are now questioning whether the current move marks the start of a deeper correction or just a healthy consolidation before the next leg up. Elliott Wave Signals Align With Developing Correction Elliott Waves Academy, in its latest analysis tracking Bitcoin’s expected wave path on the weekly timeframe, has raised a key question: has the corrective wave begun? The recent market structure indicates that the bullish leg has likely completed, and the price may now be transitioning into a corrective phase. A critical support level of the prior upward wave has been broken, hinting at a potential wave reversal in progress. Related Reading: Bitcoin On-Chain Activity Slumps Below 365-Day Average – Is Momentum Losing Steam? The evidence for this transition grows stronger when observing the break below the lower boundary of the diagonal pattern and the final price channel. Both of these structures previously acted as strong supports during Bitcoin’s impulsive climb, and their breakdown now suggests that market control is slowly shifting from buyers to sellers.  Currently, Bitcoin is trading beneath the lower boundary of the price channel, which has flipped into a key resistance zone. As long as the price remains below this zone, bearish sentiment could persist, keeping the market in a cautious state. Despite the weakness, there are signs that the downward sub-wave might be nearing completion. The structure suggests that a short-term upward corrective wave could emerge as the market attempts to stabilize and regain footing.  Expected Outlooks Sharing his expectations, Elliott Waves Academy noted that Bitcoin may continue to consolidate around its current levels as bulls attempt to defend their positions. Such a phase of sideways movement often reflects a period of indecision in the market, where both buyers and sellers are waiting for confirmation before committing to their next major moves.  Related Reading: Bitcoin Structure Points To Healthy Correction Before Next Wave Toward $150,000 However, the Academy cautioned that if signs of weakness begin to emerge near the current resistance zone, the market could face a potential reversal. This shift could trigger renewed bearish pressure, pushing Bitcoin into a deeper corrective leg.  According to the analysis, the correction could extend toward the 50%–61.8% Fibonacci retracement levels of the previous upward wave. These Fibonacci zones often serve as key areas of support during corrective movements, and a decline into these ranges could provide a more stable foundation for a future bullish reversal.  Ultimately, monitoring price behavior around these crucial levels in the following days will be essential. Whether the market holds firm in consolidation or slips into a deeper retracement, the upcoming movements in these zones could set the tone for the next phase of Bitcoin’s long-term wave cycle. Featured image from Pixabay, chart from Tradingview.com

After briefly taking on a structure suggesting an imminent recuperation from the October 10 market downturn, the Bitcoin price appears to be heading into the weekend with a clear bearish outlook. According to data from recent on-chain analysis, the world’s largest cryptocurrency still faces an even higher risk of increased bearish pressure, which may lead to a deeper correction over the next few weeks. Binance Records Daily High Of 40 BTC Inflows In an October 17 post on the social media platform X, pseudonymous on-chain analyst Darkfost revealed a shift in the behavior of market participants within Bitcoin’s oldest investor class. Related Reading: Analyst Says Bitcoin Price Is Ready To Surge: ‘We Would Already Be Below $108,000 If The Crash Wasn’t Over’ In the post on X, the analyst referenced results from the Binance Exchange Inflow — Spent Output Age Bands metric, which tracks the amount of Bitcoin sent to Binance, and the age of these coins being sent out. In this case, transactions from the long-term holders (based on their age) were tracked. Darkfost explained that the 7-day Moving Average (MA) of these BTC inflows on Binance has seen a rise to 40 BTC per day within just a short period of time. What’s more interesting is that the 7-day MA jumped from around 4 BTC per day to this local high. When compared to previous levels, a sudden rise to about 40 Bitcoins per day could be significant news for the world’s leading cryptocurrency. What This Means For Bitcoin Price Because Bitcoin’s long-term holders hold more than 80 percent of its total supply, their actions across exchanges tend to heavily affect price volatility. Darkfost further explained how recent LTH activity could affect market dynamics. Backed by historical occurrences, the analyst made it clear that increasing inflows of BTC to Binance also point to a potential increase in selling pressure; this is because transfers to exchanges are often associated with selling activity, as they act as mediums for quick sell-offs or profit-taking. Related Reading: Ethereum Correction Over? Binance Funding Rates Signal ETH Surging To $6,800 When long-term holders begin moving their holdings to exchanges, they are known to move them in large quantities, and evidently not without intent. Interestingly, the surge in Binance inflows preceded LTH profit taking — an event which ignited the most recent crash seen by the Bitcoin market, and the simultaneous reintegration into market supply of “ancient BTC.” From the chart shared by Darkfost, the inflow levels seem to be maintaining fairly good levels. While this might be good in the short term, the analyst advised that it would be best to watch out for its upward trend. “Should it continue to accelerate, it could indicate a shift in LTH positioning and potentially mark the beginning of a short-term distribution phase,” the analyst added. As of press time, Bitcoin is valued at approximately $107,085, reflecting an almost 2% decline in the past day. Featured image from iStock, chart from TradingView

The cryptocurrency Fear & Greed Index has plummeted into the extreme fear territory following the crash in Bitcoin and other assets. Bitcoin Fear & Greed Index Is Now Pointing At “Extreme Fear” The “Fear & Greed Index” is an indicator created by Alternative that uses the data of several factors to determine the net sentiment present among traders in the Bitcoin and wider cryptocurrency markets. The factors in question include volatility, trading volume, market cap dominance, social media sentiment, and Google Trends. The index makes use of a scale running from 0-100 for representing the investor mentality. All values above 53 imply the traders are greedy, while those below 47 suggest a fearful market. Values lying between the two cutoffs correspond to a net neutral sentiment. Related Reading: Next Dogecoin Stop Could Be $0.33 If This Level Holds, Analyst Says Besides these three main sentiments, there are also two “extreme” zones called the extreme fear (below 25) and extreme greed (above 75). Currently, the market is in the former of the two. As displayed above, the Fear & Greed Index has a value of 22 at the moment, which is just inside the extreme fear zone. This is a deterioration compared to the last few days, when the indicator held normal fear values. The reason behind the slide into the extreme fear territory naturally lies in the bearish action that Bitcoin and other cryptocurrencies have faced recently. In particular, the market has suffered a sharp move down during the past day. Last week also ended with a rapid drawdown in BTC and company, and then too sentiment took a large hit, with the index registering a low of 24. This previous turnaround in sentiment was also much more drastic than the latest one, as it took the metric from greed values all the way down into the extreme fear zone in a flash. Historically, the extreme sentiments have held much importance for Bitcoin and other digital assets, as major tops and bottoms have often occurred in these regions. The relationship has been an inverse one, however, meaning that extreme fear can result in a bottom, while extreme greed can lead to a top. Related Reading: Bitcoin Back Under $111,000 As Key Holders Shed 17,500 BTC The plunge into extreme fear earlier also paved the way to a bottom, although it proved to be only a temporary one. With the Fear & Greed Index back in the zone, it will be interesting to see how the Bitcoin price will develop in the coming days. BTC Price At the time of writing, Bitcoin is trading around $105,600, down 13% over the last week. Featured image from Dall-E, Alternative.me, chart from TradingView.com

Bitcoin fell sharply this week as investors stepped away from risky bets and piled into gold, based on reports from market outlets. Bitcoin slipped more than 5% to about $105,105 on Friday, extending a slide that left it roughly 13% below an October 6 peak near $126,000. Reports show crypto liquidations were heavy, adding to selling pressure in the market. Related Reading: Biggest Shiba Inu Burn In Months — And It Came From A Coinbase Account Safe Haven Bets Favor Gold Gold, by comparison, climbed to fresh records. Spot gold pushed above $4,300 an ounce and hit a session peak near $4,312, while US futures briefly traded around $4,328.70, figures that reflect a broad rush into traditional stores of value as investors weigh economic and geopolitical risks. Some reports say gold is on track for its biggest weekly gain since 2008. What Happened In Markets This Week Several forces combined to push prices. Forced selling in crypto derivatives amplified downward moves: one report put liquidations at about $1.23 billion in a 24-hour span, with roughly $453 million of that tied to bitcoin and another $277 million linked to Ethereum. At the same time, worries about regional US banks and a renewed debate over interest-rate timing helped lift demand for gold. Exchange-traded funds mattered. Gold ETFs posted strong inflows, and some funds hit long-term holding highs as money sought safety. Meanwhile, spot bitcoin ETFs showed net outflows in parts of the week, highlighting a shift in where big pools of money were parked. Analysts say that in times of market stress, the differences in liquidity and trade behavior between gold and crypto become more obvious. How Traders Are Talking About ‘Digital Gold’ Based on reports, the old debate about whether bitcoin behaves like “digital gold” got louder. A number of commentators pointed out that bitcoin’s large swings and its tendency to fall with other risky assets during selloffs weaken its case as a refuge. Still, other market participants argue bitcoin has functioned as an investment vehicle for some investors this year, even if it does not always match gold in crisis moments. Related Reading: Michael Saylor Issues Rally Cry To Bitcoin Army: “Starve The Bears!” Eyes On Central Banks And Lenders Investors will be watching Federal Reserve signals and any fresh news about US banks for clues on where money goes next. If rate-cut expectations firm up, gold could keep rising. If risk appetite returns, some of the flows back into crypto might reverse. For now, flows and prices show that a chunk of cash has chosen a traditional safe haven over crypto while markets absorb the recent wipeout. Featured image from iStock, chart from TradingView

Bitcoin (BTC) continues to lose momentum, as the flagship cryptocurrency fell to $103,528 earlier today amid an increasingly uncertain global macroeconomic outlook. Fresh data from Binance suggests that BTC is currently undergoing a critical transition phase within its price cycle. Bitcoin Fall Continues – When Will Bloodbath End? According to a CryptoQuant QuickTake post by contributor Arab Chain, Bitcoin is currently undergoing an important transition phase within its market cycle. The Bitcoin Cycle Phase Score recently entered negative territory, in tandem with a decline in BTC’s price from $124,000 to around $107,000 within 24 hours. Related Reading: Bitcoin Market Feels “Too Efficient” As Arbitrage Opportunities Vanish – What It Means For Price? The Cycle Phase Score combines market trend and short-term momentum (Z-Score) to show Bitcoin’s current phase. Positive values indicate upward momentum, while negative values signal short-term weakness or a correction. The decline in the Cycle Phase Score shows that the BTC market has lost some of its upward momentum that benefited it during the first two weeks of October. The transition to negative territory shows the start of a structural correction phase, following weeks of consecutive gains. The analyst explained that a trend_signal of -1 confirms that BTC’s price has tumbled below the 200-day moving average. It is likely to trade below this metric until it can decisively break through the $106,780 level. Similarly, a negative Z-score shows that Bitcoin’s price is trading significantly below its short-term average, further confirming the dominance of short-term selling pressure. Arab Chain added: Analytically, this movement can be viewed as a rebalancing phase within the ongoing cycle, rather than the start of a long-term downtrend. The current pullback follows a strong period of price expansion, which is often followed by a temporary pause in momentum before the main trend resumes. Arab Chain concluded by saying that if BTC’s price finds stability above $105,000 in the coming days, then the Cycle Phase Score indicator may re-enter the positive region again. Such a development could signal the end of the ongoing price correction phase. Will BTC Fall Below $100,000? As BTC trades close to the mid $100,000 level, fears are rising in the market that the digital asset may fall below the psychologically important $100,000 mark. Further, on-chain data is not particularly encouraging, as the Bitcoin network activity recently crashed below the 365-day average. Related Reading: Bitcoin’s On-Chain Roadmap Shows $111,000 – $143,000 As The Range To Watch In addition, crypto analyst CryptoBirb recently stated that the current BTC bull cycle is likely coming to an end. The analyst remarked that Bitcoin is almost 99.3% through its current cycle. That said, whale accumulation of BTC is showing no signs of slowing down. Companies added a total of 176,000 BTC to their treasuries during Q3 2025. At press time, BTC trades at $105,484, down 5.1% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com

Bitcoin is once again under heavy pressure, sliding toward the $103,000 level as the broader crypto market undergoes a sharp downturn. After days of volatility and failed recovery attempts, BTC has lost key support, triggering renewed fear and accelerating sell-offs across altcoins. Most major assets are showing deep losses, with traders and investors now questioning whether the market has entered a deeper corrective phase. Related Reading: Paxos Mints 300 Trillion PYUSD By Error – Here’s What Happened According to top analyst Axel Adler, Bitcoin’s main support zone lies between $106,000 and $107,000, a range defined by the Short-Term Holder (STH) 1M–3M Realized Price and the 200-day simple moving average (SMA 200D). This critical area represents a confluence of both on-chain and technical support levels where previous corrections have historically found equilibrium. However, the current momentum shows mounting weakness. As panic spreads and liquidity dries up, all eyes are now on the $106K–107K range — a decisive battleground that could define Bitcoin’s short-term trajectory and set the tone for the rest of the crypto market. Bitcoin’s Market Structure Faces a Crucial Test Adler highlights that a loss of the $106K level would likely trigger a move toward $100,000, where the yearly moving average (SMA 365D) currently aligns — a level that has historically acted as a springboard for major reversals during previous market cycles. Despite the growing fear, Adler notes that the macro structure remains bullish as long as the $100K base holds. This region represents long-term buyer interest, and defending it could reset overheated leverage and pave the way for a more stable recovery. However, Bitcoin is already trading below the $106K mark, raising concerns that the market could be preparing for a deeper test of this critical floor. Analysts across the space are now closely watching the daily candle closes, which will determine whether the move below support is merely a liquidity sweep or confirmation of a bearish continuation. If Bitcoin fails to reclaim the $107K level soon, a broader shift in sentiment could unfold — one that may prolong the consolidation phase and test investor conviction. In contrast, a strong rebound from the $100K zone would reinforce the argument that the correction is part of a healthy reset within an ongoing bull market. The coming days will therefore be decisive: either Bitcoin holds this base and rebuilds momentum, or it breaks lower, signaling that the current cycle’s most aggressive phase of volatility is far from over. Related Reading: New Wallets Move Over $160M In Bitcoin From Binance And FalconX – Details Bitcoin Tests Support Zone Amid Continued Weakness Bitcoin continues to slide, with the latest chart showing price action hovering around $106,000, now testing one of the most critical support zones in months. After failing to reclaim the $115,000 and $117,500 resistance levels earlier this week, BTC extended its losses, touching an intraday low near $103,500 before recovering slightly. The market remains tense as traders watch whether the 200-day moving average (SMA 200D) — currently around $107,500 — will hold. This level represents the Short-Term Holder (STH) realized price region and coincides with the area identified by analysts as a major structural base. A confirmed breakdown below it could open the door to a test of $100,000, where the yearly moving average (SMA 365D) aligns, serving as the next major support. Related Reading: Bitcoin Whale Closes $197M Short, But The Game Might Not Be Over Momentum indicators suggest that BTC is still under strong bearish pressure. The 50-day and 100-day moving averages are trending downward, indicating a loss of short-term momentum. Unless Bitcoin can close daily candles back above $107K, market sentiment is likely to remain cautious. Featured image from ChatGPT, chart from TradingView.com

As the week draws to a close, Bitcoin continues to show signs of resilience following its dramatic flash crash to the $101,000 price level last weekend. After days of intense volatility and heavy liquidations across the market, the world’s largest cryptocurrency has managed to stabilize above this level, even reaching as high as $113,400 during the week.  In this context, crypto analyst Tyrex shared a bullish outlook on X, stating that the worst of the downturn is behind and that Bitcoin could soon be gearing up for an upward surge back to $117,000. Bitcoin’s Price Action Reinforces Bottoming Thesis Tyrex believes Bitcoin’s repeated defense of the $108,000 to $105,000 zone is a strong indication that the market has already bottomed out. Throughout the week, price action remained around this critical area despite continued selling pressure. This means there is the presence of a firm support at this level.  Related Reading: Bitcoin Price Crash Below $100,000 Coming? Factors That Highlight Another Decline The analyst explained that if the correction were still unfolding, Bitcoin would have already slipped below $108,000. Instead, the consistent retest and hold of this range suggests exhaustion of the bearish trend and a setup for a rebound. Such resilience after major drawdowns has often preceded powerful recovery rallies in previous Bitcoin market cycles. According to Tyrex, Bitcoin’s current consolidation phase is forming a base for the next leg higher. He projected that the price could climb toward $117,000 in the coming sessions once short-term resistance levels are cleared. The broader technical structure still favors the bulls, with many traders viewing last weekend’s crash as a reset that flushed out excessive leverage rather than a signal of long-term weakness. Momentum indicators have also begun to flatten out, and we could see renewed buying interest from both retail and institutional traders into the next week. Altcoins To Benefit From Bitcoin’s Strength Tyrex also suggested that the broader crypto market will follow Bitcoin’s lead once it begins to move decisively upward. The majority of altcoins followed Bitcoin’s crash last weekend and plunged massively. Ethereum, Solana, and XRP all fell below support levels as market sentiment soured. Related Reading: Famous Economist Warns That The Bitcoin Price Recovery Is A Dead Cat Bounce, What This Means However, smaller assets are beginning to stabilize alongside Bitcoin, due to confidence among traders expecting the worst to be over. Tyrex warned investors not to misinterpret the ongoing sideways movement as a sign of further decline, noting that “the market already crashed, let it rest.” At the time of writing, Bitcoin is trading at $105,300. Heading into the new weekend, Bitcoin’s ability to close the week above $105,000 could set the stage for a breakout to $111,000 and $117,000. If this scenario unfolds, Tyrex’s projection that the crash has concluded and a new uptrend is forming could soon prove accurate. However, failure to hold above $105,000 could lead to a further downtrend. Featured image from Pixabay, chart from Tradingview.com

On Friday, the Bitcoin price experienced another flash crash, dipping toward $103,000 from $109,300. While not as alarming as the sharp decline seen on October 10, this latest downturn has ignited fresh speculation regarding the cryptocurrency’s future trajectory.  A Temporary Setback? Comparisons are being made to past market crash events, such as the COVID crash in 2020 and the downturn in May 2021. However, market expert VirtualBacon emphasizes that the current situation is fundamentally different.  The expert noted that in 2020, a widespread collapse affected various assets, including stocks, gold, and Bitcoin. By 2021, Bitcoin was already in a downtrend. In contrast, today, while the Bitcoin price has faced challenges, stocks and gold are holding steady or even rising.  He believes that the recent struggles in the crypto market appear to stem from a unique credit event rather than a broader macroeconomic meltdown, as excessive leverage was wiped out in the process. Related Reading: October 10th Crypto Crash: Expert Foresees New Wave Of Lawsuits Against ‘Manipulators’ Despite the recent volatility, VirtualBacon highlights that Bitcoin’s underlying structure remains healthy. The cryptocurrency recently touched the 20-week moving average and bounced back. Moreover, the 50-week simple moving average, which resides around $102,000, has yet to be breached, even amidst this latest drop.  According to VirtualBacon’s analysis, until the Bitcoin price closes below the $100,000 mark, this downturn should be viewed as a correction within an ongoing bull market rather than a definitive top. Is The Bitcoin Price Poised For A Recovery? Seasonality also plays a role in these trends: October typically sees chop, with altcoins lagging behind Bitcoin, while November and December are often characterized by altcoin rallies.  Despite the recent flush, VirtualBacon asserted that the market dynamics have not fundamentally changed; it may have even accelerated a reset in sentiment, clearing out leverage to return to cycle lows.  Meanwhile, macroeconomic factors are quietly turning bullish. Recent forecasts indicate that two rate cuts are now priced in at 96% for the upcoming Federal Open Market Committee (FOMC) meetings on October 28-29 and December 9-10.  Related Reading: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds VirtualBacon outlines a clear plan moving forward: Bitcoin is expected to consolidate between $110,000 and $125,000. A break above the $125,000 to $130,000 range could signal the start of a new altcoin season. Contrastingly, some experts, such as Doctor Profit, express a more pessimistic outlook for the Bitcoin price. He has consistently argued that the crypto prices are merely in the early stages of a bear market, which often begins with a series of false pumps followed by sharp declines, a pattern that aligns with the events of last week.  It remains to be seen which direction the Bitcoin price will take next. For now, the cryptocurrency has recovered slightly from Friday’s drop to around $106,620. Featured image from DALL-E, chart from TradingView.com