Telegram Live Chat



Home Tags Posts tagged with "Analysts"
Tag:

Analysts

Analysts Confident Bull Market Will Continue Despite Extreme Fear
Bitcoin & Altcoins

Analysts Confident Bull Market Will Continue Despite Extreme Fear

by admin
written by admin


Retail fear is at extreme levels, but the experienced traders and analysts say there is no need to panic yet. 

The crypto Fear & Greed Index fell to its lowest level since April over the weekend following Bitcoin’s crash below $104,000 on Friday.

The market sentiment indicator registered “extreme fear” with a rating of 23 on Saturday and has climbed to 29 on Sunday, but remains deep in “fear” territory.

Market sentiment has not been this bad since the April crash, which was caused by US President Donald Trump’s tariff announcement. Back then, around $500 billion was wiped off the total market capitalization, and Bitcoin tanked to $76,000.

October has been worse, with $900 billion exiting markets in a record leverage flush last weekend. Bitcoin also deepened its correction, dumping 17% from its all-time high on Oct. 6.

Don’t Panic Yet

Markets have yet to recover from last week’s crash, and total cap remains at a three-month low of $3.72 trillion. Nevertheless, most experienced analysts and traders remain unconcerned, having witnessed these types of bull market corrections numerous times before.

Bitcoin has been in an “incredibly steady and solid up trend this cycle,” said ‘Daan Crypto Trades.’ “Even with this recent decline, there’s no big change in market structure yet. But we are at a critical area,” he added.

You may also like:

“For me, a move back below $100K would mean this is due for a larger and longer correction. At that point, there will be many doubts about whether the cycle is done or not.”

BTC needs to “rise from the ashes of last week’s events” to get momentum going again, he said.

Analyst ‘Sykodelic’ said markets are still in an uptrend, observing that every decline has hit the 50-week simple moving average, and bounced back as it did last week.

“There has been mass fear in the market, with the majority panic selling and everyone saying it is over,” they observed.

Meanwhile, analyst ‘Crypto₿irb’ noted that extreme fear has struck for the fourth time this cycle as ETFs were rushing to sell, and October is deep in the red.

“In short, pressure builds at the bottom. BTC trades near $107K, fear peaking, volatility rising. ETF liquidity still strong, miners steady […] The market’s coiling up for an even larger wave. When fear peaks, volatility wins.”

Analyst ‘Mr Anderson’ was also confident that the bull market wasn’t over, predicting a cycle peak of $148,000.

Crypto Market Outlook

There has been little change in crypto markets over the past 24 hours. Bitcoin has been trading in a very tight range between $106,000 and $107,000 and has failed to break support turned resistance at $108,000.

Ethereum spiked above $3,900 on Saturday but couldn’t hold it and fell back to the $3,850 level, also failing to break resistance above $4,000. The altcoins remained battered and bruised with very little movement in either direction this weekend.

SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

0 comments
0 FacebookTwitterPinterestEmail
bitcoin btc btcusd
Trading & Investment Tips

BTC Price Dips Below $105K Amid Market Reset, Analysts Call It a “Controlled” Pullback

by admin
written by admin

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The BTC price slid under $105,000 on Friday, tagging a 15-week low and revisiting supports first probed during last week’s tariff-sparked selloff.

Short-term momentum has weakened after repeated failures to hold above $112,000–$116,000, leaving price compressed between a $104,000–$107,000 demand zone and heavy resistance near $120,000–$124,000 (the prior ATH band).

bitcoin btc btcusd

BTC's price trends to the downside on the daily chart. Source: BTCUSD on Tradingview

Technicians note that BTC price has now interacted with its 200-day moving average for the first time in six months, while the 20- and 50-day MAs trend lower, typical of a cooling phase after a vertical rally.

BTC Price Tests $104K–$107K Support as Leverage Clears

Despite the headline drop, Bitcoin’s derivatives data and positioning point to a “controlled deleveraging” rather than panic. Open interest has reset to mid-year levels and funding flipped negative during the flush, indicating speculative longs were forced out.

Spot flows remain steadier by comparison, suggesting long-term holders are largely unmoved.

If bulls reclaim $110,000–$113,000, a relief bounce toward $116,000–$120,000 is plausible; lose $104,000–$106,000, and many traders eye the $101,000–$102,000 “wick fill,” with some warning a swift tag of $98,000–$100,000 if liquidity thins.

Macro Cross-Currents: Banks, Gold, and the Fed

Macro stress amplified the move. Renewed pressure on U.S. regional banks, echoing the 2023 episode, fed risk-off flows just as U.S.–China trade tensions re-flared.

Meanwhile, gold printed fresh highs, highlighting a safe-haven bid while crypto cooled. Market odds favor a potential Fed rate cut at the late-October and early-November meeting, which could ease financial conditions and support a Q4 crypto rebound; a hawkish surprise, however, would likely extend consolidation.

Bitcoin ETF flows have moderated from a record pace, with select U.S. crypto funds posting net outflows this week as investors de-risk.

Nonetheless, the broader investment case, ETF access, institutional adoption, and a structurally constrained BTC supply, remain intact, according to several desks framing the slide as a healthy reset after “Uptober’s” exuberance.

Altcoins Underperform While Bitcoin Dominance Rises

Altcoins extended losses as liquidity rotated into BTC and stablecoins. ETH, BNB, SOL, XRP dropped 7-12% on the day, while higher-beta names like DOGE and ADA fell more sharply week-to-date. Historically, this phase of rising BTC dominance persists until Bitcoin stabilizes and risk appetite returns downstream.

Key levels to watch include a BTC price Support $104,000–$106,000, then $101,000–$102,000; Resistance $110,000–$113,000, $116,000, and $120,000–$124,000.

A decisive close back above $120,000 would reassert the uptrend and put new highs back in focus. Until then, analysts expect rangebound, catalyst-driven BTC price action as leverage stays light and the market digests macro signals.

Cover image from ChatGPT, BTCUSD chart on Tradingview

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

0 comments
0 FacebookTwitterPinterestEmail
Analysts Caution Cardano (ADA) May Drop Further Before $1 Rebound After 12% Dip
Trading & Investment Tips

Analysts Caution Cardano (ADA) May Drop Further Before $1 Rebound After 12% Dip

by admin
written by admin

Cardano (ADA) fell roughly 27% this week, slipping below the $0.66 support as risk-off flows hit crypto. Bitcoin’s slide toward $104,000 and softer altcoin liquidity magnified downside, and on-chain data shows large holders leaning defensive.

Related Reading

Whale Flows Split as ADA Loses Support

Santiment-tracked wallets holding 1–10 million ADA offloaded about 40 million ADA over seven days, while broader whale distribution reportedly reached 350 million ADA, pressuring price. other big wallets accumulated 140–200 million ADA, creating a split tape that’s fueling choppy consolidation between $0.65–$0.70.

Derivatives add to the cautious tone. Cardano’s open interest slipped 2.12% to $669.9 million, and long liquidations ($1.13 million) dwarfed shorts ($187,000), signaling bulls bore the brunt of the latest flush.

On the 4-hour chart, ADA is carving a falling wedge, but confirmation requires a breakout above $0.74. Until then, momentum indicators remain mixed: RSI 37 (approaching oversold) while CMF 0.12–0.15 hints at returning spot inflows that have yet to overpower supply from large holders.

Downside Risk First, Rebound Later

Technicians flag a “risk-first” path: losing $0.66 puts $0.65 in play; failure there opens $0.62–$0.60, then $0.57 (channel/structure confluence). A deeper shakeout could probe $0.53 if broader crypto weakness persists.

On the upside, ADA must reclaim $0.66 and then clear $0.74–$0.80 (50-day EMA cluster) to flip trend strength. Above that range, bulls target $0.86, with a psychological $1.00 retest feasible into Q4 if risk appetite and flows improve.

Several analysts still eye a path toward $1.20–$1.60 on a confirmed breakout, but most caution the market may dip before it rips given leverage resets and uneven liquidity.

ETF headlines (including the Oct. 23 Grayscale ADA ETF decision window), stablecoin and ETF net flows, and whether whale selling cools. A rotation back into altcoins typically follows BTC stabilization; conversely, renewed BTC downside would likely extend ADA’s consolidation near the lows.

ADA's price trends to the downside on the daily chart. Source: ADAUSD on Tradingview

Treasury, Staking, and Ecosystem Still Build

Beyond price, Cardano’s community treasury has surpassed 1.6 billion ADA ($1 billion), funded by fees and staking rewards and governed via Project Catalyst, a war chest that supports tooling, DeFi, and infrastructure without VC overhang.

Related Reading

New staking access (e.g., eToro U.S.) and ongoing initiatives like Midnight and Leios continue to broaden the roadmap, even as TVL ($288 million) lags larger chains.

Cover image from ChatGPT, ADAUSD on Tradingview

0 comments
0 FacebookTwitterPinterestEmail
Bitcoin Needs Fresh Catalyst To Avoid Price Decline: Analysts
NFT Marketplace

Bitcoin Needs Fresh Catalyst To Avoid Price Decline: Analysts

by admin
written by admin

Bitcoin may struggle to sustain its upward trend unless something triggers more excitement among investors, according to Glassnode.

“Without a renewed catalyst to lift prices back above $117.1k, the market risks deeper contraction toward the lower boundary of this range,” Glassnode said in a report published on Wednesday. 

Bitcoin (BTC) is trading at around 5% below the $117,000 level, trading at $110,840 at the time of publication, according to CoinMarketCap.

Bitcoin has declined by 4.19% over the past 30 days. Source: CoinMarketCap

“Historically, when price fails to hold this zone, it has often preceded prolonged mid- to long-term corrections,” Glassnode said, pointing out the increase in profit-taking among long-term holders in recent times, which may signal “demand exhaustion.”

Hyblock Capital CEO Shubh Varma told Cointelegraph that he expects a “relatively volatile month,” with potential upside ranging from $116,000 to $120,000. 

Sideways price action is “likely outcome” after a crash

However, Varma said that while “consolidation is the likely outcome” for Bitcoin following a significant market crash, several indicators still point to potential positive momentum for the cryptocurrency.

“ETFs inflows remain quite high, and spot volume seems healthy,” Hyblock said. Before the wider crypto market crash on Friday, which saw Bitcoin briefly fall to $102,000, US-based spot Bitcoin ETFs had recorded a nine-day inflow streak, amounting to $5.96 billion in inflows, according to Farside data.