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Bitcoin price prediction: Andrew Tate’s Deep Crash Forecast Tests BTC Traders After Liquidity Sweep

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Bitcoin held close to $107,000 over the weekend, displaying resilience regardless of a wave of pessimism throughout the crypto market. The world’s largest digital asset has confronted stress from renewed geopolitical tensions, slowing ETF inflows, and a controversial “deep crash” forecast by Andrew Tate that rattled market sentiment.

Still, BTC continues to commerce steadily close to $107,000 space, resisting a broader correction that many feared would push costs far decrease.

Tate’s remarks got here at a time when merchants have been already uneasy after a pointy pullback from the October 7 peak of $126,198, adopted by a swift drop to round $105,000 after former President Donald Trump proposed a 100% tariff on Chinese imports. The transfer triggered volatility throughout world markets and weighed on danger belongings, together with Bitcoin.

Andrew Tate’s Bearish Forecast

Andrew Tate, recognized for his outspoken views, claimed that Bitcoin might plunge to $26,000 earlier than any main rally resumes. He argued that the market tends to crash when confidence runs high, usually resetting earlier than the subsequent bullish part.

His feedback sparked renewed nervousness amongst retail merchants already reacting to a mixture of bearish catalysts, geopolitical uncertainty, profit-taking close to all-time highs, and falling institutional curiosity.

Meanwhile, Spot Bitcoin ETFs recorded weekly outflows of $864.48 million, ending a two-week influx streak and signaling waning institutional demand. The slowdown in ETF participation has dampened shopping for momentum and added stress to short-term sentiment.

Market knowledge displays this shift: the Bitcoin Fear & Greed Index has fallen to 22, marking “excessive concern” territory. Historically, such ranges have usually preceded accumulation phases, hinting that BTC could possibly be nearing an area backside if sentiment stabilizes.

Key highlights:

  • Bitcoin is down almost 17% from its October highs.
  • ETF outflows hit $864M, reversing earlier inflows.
  • Fear & Greed Index drops to 22 — a possible backside sign.

Bitcoin Price Prediction: Triple Bottom Setup Eyes Breakout Toward $113K

Bitcoin is consolidating close to $106,986, displaying early indicators of restoration after final week’s decline. The 2-hour chart suggests a possible triple backside forming round $103,400–$104,000, a traditional reversal sample that would set off a rally if price breaks above the $108,000 neckline.

The descending trendline from early October continues to cap positive aspects, whereas narrowing gaps between the 50-EMA and 100-EMA trace at fading bearish momentum. The RSI close to 38 suggests the market is exiting oversold territory, signaling potential for a short-term rebound if quantity strengthens.

Bitcoin Price Chart – Source: Tradingview

Holding above $103,400 is essential to keep up construction. A breakout above $108,000 could elevate BTC towards $109,300–$113,600, whereas a drop under $104,000 might retest $101,600–$100,100.

From a broader view, Bitcoin’s technical base suggests rising accumulation. A confirmed breakout might open the trail towards $120,000, aligning with enhancing sentiment and renewed institutional inflows, hinting that this consolidation could mark the inspiration for Bitcoin’s subsequent main restoration part.

Bitcoin Hyper: The Next Evolution of BTC on Solana?

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Audited by Consult, the mission emphasizes belief and scalability as adoption builds. And momentum is already sturdy. The presale has surpassed $23.9 million, with tokens priced at simply $0.013125 earlier than the subsequent enhance.

As Bitcoin exercise climbs and demand for environment friendly BTC-based apps rises, Bitcoin Hyper stands out because the bridge uniting two of crypto’s largest ecosystems.

If Bitcoin constructed the inspiration, Bitcoin Hyper might make it quick, versatile, and enjoyable once more.

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The submit Bitcoin price prediction: Andrew Tate’s Deep Crash Forecast Tests BTC Traders After Liquidity Sweep appeared first on Cryptonews.

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