ChatGPT’s BTC Analysis: $105K Tests Key 200-Day EMA as Trump Cancels China Tariffs
ChatGPT’s BTC analysis has revealed Bitcoin declining -2.78% to $105,191, testing the important thing 200-day EMA at $104,901 as President Trump cancels 100% China tariffs, stating “we’ll be positive with China.”
In comparability, $1.2B liquidations set off market deleveraging, with Polymarket exhibiting 52% odds of a sub-$100K transfer this month.
ChatGPT’s BTC evaluation synthesizes 28+ technical indicators on the make-or-break help stage.
Technical Analysis: Key 200-Day EMA Test
Bitcoin at $105,191 displays a -2.78% decline from $108,194, down ~14% from October’s ATH at $126,198. Tests essential 200-day EMA at $104,901, simply -0.3% beneath present stage, representing 50% Fibonacci retracement. Volume sits at 29.24K BTC through the correction.
RSI at 52.18 impartial. Moving averages bearish short-term: 20-day at $114,259 (+8.6%), 50-day at $114,672 (+9.0%), 100-day at $113,190 (+7.6%). All EMAs are overhead, whereas the 200-day supplies a key help check.
Additionally, the MACD stays bearish at -1,579.16, however is converging with the sign line at -1,580.73, and the histogram at -1.57, suggesting a momentum shift. Extremely high ATR at 102,898.05 confirms huge volatility potential.
Tariff Cancellation Meets $19B Leverage Purge
Trump canceled 100% China tariffs, stating “no” when requested if tariffs stand and “we’ll be positive with China.”
White House Advisor Hassett additionally clarified, “We’re not in a commerce conflict with China,” whereas suggesting “three Fed fee cuts can be a great begin.” Market shed $1.2B liquidations with buyers fleeing to protected havens.
JUST IN:
President Trump says “no” when requested if China tariffs will stand. pic.twitter.com/lx2cGF73XG
— Watcher.Guru (@WatcherGuru) October 17, 2025
Speaking with Cryptonews, Farzam Ehsani, CEO of VALR, notes Bitcoin “stabilizing above $110,000 after historic $19 billion leverage purge reset merchants’ positioning.“
He emphasizes “structural demand for BTC remained resilient” with “spot BTC ETFs recording greater than $4.5 billion inflows in October” and stablecoin liquidity crossing “$300 billion, revealing capital flight remained minimal.“
Ehsani highlights “gold and Bitcoin more and more seen as options to the US greenback’s reserve dominance” as “renewed demand for exhausting belongings displays investor unease with fiscal deficits, swelling sovereign money owed, persistent inflation.“
Amid these surprising market dips, Arthur Hayes observes, “$BTC on sale. If US regional banking wobble grows to a disaster, be prepared for a 2023-like bailout.”
Grant Cardone is already buying more BTC through the crash.
Liquidation Tests Structure
Bitcoin maintains $2.13T market cap (-4.1%). Volume surged +26.51% to $105.58B, producing a 4.99% volume-to-market cap ratio. Market dominance rises to 58.42% (+0.77%) as altcoins underperform.
Historical 2025: $104,031 (January), $81,976 (February correction), $126,198 (October peak) earlier than the present 14% retracement.
As it stands now, Polymarket odds present a 52% chance of a sub-$100K transfer this month.
LunarCrush exhibits AltRank at 134 (+85) and Galaxy Score at 41. Engagements surge to 223.28M (+27.83M), mentions at 382.13K (+2.25K). Social dominance jumps to 36.2% (+6.4%), sentiment declines to 75% (-2%).
Most analysts emphasize that the “vital stage for BTC is $100K” as the”closing value help throughout bull cycle.”
The vital stage for $BTC is $100K!
The $100K stage within the #Bitcoin is the lower cost restrict set by merchants and has served as the ultimate value help throughout this bull cycle
Breaking beneath $100,000 might set off a big sell-off…
pic.twitter.com/aS6SYz4Ofd
— PRIME 𝕏 (@primenews_en) October 17, 2025
Others additionally observe that “breaking beneath $100,000 might set off a big sell-off,” whereas some observe that”Bitcoin down 18% from ATH – not an enormous decline for Bitcoin.”
Ehsani concludes, “Bitcoin testing boundaries between being danger asset and hedge in opposition to systemic uncertainty. If liquidity tailwinds materialize and institutional accumulation persists, market setup for Bitcoin strengthening towards $132,000 by year-end stays believable.“
ChatGPT’s BTC Analysis: 200-EMA Defense Determines Fate
ChatGPT’s BTC evaluation reveals that Bitcoin is at a key juncture, testing 200-day EMA at $104,901. Bulls should defend or face correction towards $100K–$102.5K. Immediate resistance at $108K–$110K required for reversal.
Break beneath $103,500 triggers deeper correction towards $100K with potential extension to $95K–$97.5K.
Three-Month BTC Forecast
Bullish Recovery (60% if $104,901 Holds)
200-EMA maintain with tariff aid drives restoration towards $113K–$120K (7–14% upside). Requires $110K reclaim.
Deeper Correction (70% if $103,500 Breaks)
Break triggers promoting towards $100K–$102.5K (2–5% draw back) with potential $95K extension (10% draw back).
Extended Consolidation (30%)
Range $103,500–$108,000 permits institutional accumulation earlier than directional break.
ChatGPT’s BTC Analysis: Key Support Defense
Next Target: $100K-$102.5K if Break, $113K-$120K if Hold
Hold above $104,901 maintains uptrend with restoration towards $110K–$113K. Failure signifies correction towards $100K with $95K–$97.5K closing protection.
Tariff cancellation and Fed fee cuts present a bullish backdrop, however Ehsani warns “geopolitical atmosphere might have to chill down additional earlier than sustained upside resumes.”
A vital resolution level has arrived, the place bulls should defend $104,901 or face an prolonged consolidation.
The put up ChatGPT’s BTC Analysis: $105K Tests Key 200-Day EMA as Trump Cancels China Tariffs appeared first on Cryptonews.
