Is $91K Next for Bitcoin’s Price If it Fails to Reclaim This Crucial Resistance?
So much can change within the cryptocurrency markets within the span of ten days or so, which has been evident since October 10. At the time, BTC traded confidently above $120,000, approaching the heels of yet one more all-time high at $126,000. The general sentiment was evidently bullish since Uptober had simply began, and big value predictions had been going left and proper.
Then all hell broke free on October 10 when BTC plunged by up to $20,000 on some exchanges, bottoming at $101,000 (on Binance). Although it bounced off instantly after it cleared billions of over-leveraged positions, its restoration makes an attempt had been halted at $116,000, and the bears got here again round on October 17.
As reported yesterday, bitcoin experienced one other risky rollercoaster, which pushed it to underneath $104,000 this time. Trump’s constructive information on the US-China tariff entrance brought some reduction, and BTC has since stalled at $107,000. The query now could be what’s subsequent, and analysts are fast to supply completely different opinions.
Reclaim These Levels, BTC
Satoshi Flipper weighed in on the decrease timeframe (1 hour), saying that “the market would actually love for BTC to reclaim $108K and break via this LFT falling wedge resistance.”
Michaël van de Poppe introduced up one other necessary degree for BTC to reconquer – $110,000. He believes liquidity has disappeared recently, which leaves ATH ranges out of the query for now. However, if BTC goes past $110,000, the broader market’s construction might enhance instantly.
It’s crucial for #Bitcoin to break the $110K mark.
Right now, liquidity is just gone, via which it will take time earlier than we’re going to have a brand new sample/ATH, however it’s not distant. pic.twitter.com/Ija1ZUubXQ
— Michaël van de Poppe (@CryptoMichNL) October 18, 2025
And If Not?
Crypto Tony outlined the opposite facet of the coin. He famous that BTC continues to be in nice hazard of falling beneath the coveted $100,000 degree, which is anticipated by the group, as mentioned in a latest ballot report. The analyst envisioned one other wave down, particularly if BTC fails to stage a fast and decisive rebound.
In Crypto Tony’s doomsday state of affairs, bitcoin will fall to $95,000 and even $91,000 earlier than it lastly bottoms.
It all traces up properly throughout the board for one other wave down. Bitcoin i see us dropping to $95,000, probably testing the $91,000 area earlier than we discover a backside
This once more is the bullish case so have your USDT prepared pic.twitter.com/Wu3Bilq1BJ
— Crypto Tony (@CryptoTony__) October 18, 2025
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