I’ve been keeping an eye on Bitcoin, and it seems to be holding up pretty well around the $105,000 mark, just like we figured it would. The ongoing trade tensions between the US and China are definitely playing a role in this.
But let’s have a little fun with this. Is this really a solid support level, or do you guys think Bitcoin might actually drop below $100,000?
We all know predicting this stuff is tricky, but we should have a better idea in less than a week.
After Bitcoin reached its all-time high 11 days ago, its movement became more volatile, and we're now back at $105k USD. But, I still see this as a support level for Bitcoin at the moment. There will likely be a massive accumulation from investors, as this presents an opportunity to buy more at a discount - potentially boosting the price and preventing it from falling below $100k USD. Let's just see how the market conditions will be in the next few days.
I hope it doesn't happen below $100k, because if it happens we will most likely experience a continuous decline to the price level at $95k and $90k which is bitcoin's strongest support, and here we will experience another long sidways to find bullish momentum, who knows what reference the bitcoin market must get in order to change the direction of its trend to bullish again in a situation below $100k.
Now most people say that we have entered a bearish market and yes, that is a phase that must be accepted. If it is really below $100k, the decline will continue and we have to patiently wait for momentum again in 2027 so that the market returns to a bullish reaction.
I love when bitcoin makes the "bitcoin things". If you have followed the markets you know that there are impressive market conditions.
My personal question now become... how "institutionals" or "standard" investor would react to such volatility?
But moreover, what it could be the impact on the "real world" of such high values changing? Another massive sell off?
Theres a chance that Bitcoin price will dip below 100K. That candlestick wick from the previous during Trump shit news about China breaks the 105K support while the current price is already dipping down at that level slowly showing the weakness of the bulls.
This might happened in the following weeks or days but I have high confidence that Bitcoin will bounce back immediately after the dip.
This is just me but I use a candlestick wick as a foreshadowing on what will be the next trend.
Another news a few hours ago...
If bank credit problems worsen and the government must intervene again, investors could react in two ways: panic selling (flight to safety), with BTC dropping to the next support level of $90k$95k; or conversely (our wishes), fleeing the fiat system, with the "digital gold" narrative emerging.
Currently, the crypto market is awaiting the direction of monetary policy and the response of the US government. If the intervention is pro-liquidity, Bitcoin will benefit again. BTC could surge above $130k (if coupled with positive news from the FED).
Well, it's hard to know what will happen next and I don't expect bitcoin price to drop below $100,000. Because if that happens, it is very likely that bitcoin will continue to fall further, and that is not good for the overall situation, as it could end the bull season faster than expected.
But I also mentally prepared for that possibility, and if it happens, I'll try to take advantage of it to accumulate some more Bitcoin with my salary.
Im not sure well drop below one hundred thousand. After all, its both a very strong support line and a major psychological level that weve been aiming for in this cycle and had quite a hard time breaking through. A drop below $100000 could trigger almost panic-like sentiment in the market, in my opinion, and even mark the beginning of a bear market. And I dont think were that close to it yet.
If I remember this correctly, on December 5th 2024, the Bitcoin price hit 100K USD for the first time in history. It would be weird if the BTC price is still around 100K USD on December 5th 2025. I don't mind the price dropping below 100K USD. The US-China trade war must end at some point and the stagnant US economy will most likely convince the Federal Reserve to lower the interest rate and print more money(which means higher BTC price in the future). A short term bearish market would be great for accumulating more BTC.
There's going to be another Trump-Putin meeting in Hungary. The Bitcoin price went to 124K USD before their last meeting in Alaska. I kinda doubt that their second meeting can pump the Bitcoin price to another ATH.
because there is nothing we can do even if bitcoin goes bellow $100k it is not even worth it trying to tell ourselves what is going to be our reaction if bitcoin goes bellow $100k. for the record, there have been times when we created our own resistance at certain price and someway, the price of bitcoin somehow went down below that price, when it happened, we just talked about it and overtime, we have come to see even a better ATH far higher that where we were in the past. the take from that is the fact that if bitcoin goes bellow $100k, investors will still remain invested and if the resistance still stands at that value such that we experience a bull rather than further pull back, such is still a good thing.
I can accept the price going down below $100k if that really happens. That will be a good time for me to buy back although the price can still go down. But Bitcoin price can increase to $105k-$106k so we should be grateful. I don't know where the support is because that changed after the price went up and down like that. But I am sure the price will increase more than just $105k. Hopefully, everything will be back to normal in the next week.
Indeed, the price of Bitcoin has now fallen to the level of $105k, this is far from the price a few days ago, I mean it fell very quickly to reach a price of $105k in just one week, from what happened can be speculated if indeed and the possibility that the price could fall below $100k is not impossible, $5k for bitcoin could happen in one day or hour.
Many Bitcoin experts are confused at the moment in terms of speculation, they thought October would be far from the current price, but instead it won beyond many people's expectations, but I believe Bitcoin will fall below $100k in the near future.
We have to first try and see whether the support at the $105,000 will remain or not, but i guess there must also be a reason beyond the US tariff increase leading to this fall, however, this does not mean anything, we will always have the market rises at each stages depending on the overall performance, i still see this month of October to likely come to $115,000 or or more, because i don't see this as an indication to set off the bull season.
If the price goes below 100k then the bear season could be around the corner. But the price could go up by next month depending on the developments between the trade wars, China seems to be having a strong support in exports around the world except the USA.
Market conditions are quite chaotic right now, with fluctuations in futures trading, but spot trading is still relatively safe. A drop below $100,000 is possible, but unlikely this week. Visually, this is more of a temporary cleanup and accumulation. The first severe decline battered short traders, and yesterday and today, long traders are being hit, leaving futures traders confused. BTC will likely rise to 120,000 again soon, and if it continues for a week, it could reach 130,000.
As you said, the main reason for the drop in bitcoin price is the trade war between China and the US that is getting tense again. So whether Bitcoin breaks the $105k support and drops below $100k will entirely depend on how the trade war plays out.
Unfortunately, all of these things are beyond our control, so there is nothing we can do but observe.
But beyond that, there is an equally important piece of news that I believe could save the market, and that is the Fed cutting interest rates later this month. If interest rates continue to rise and quantitative tightening stops, I believe bitcoin will grow despite the tariff war not yet settling down.
As you know, I don't really believe that we can predict prices by drawing lines on the past and extrapolating them to the future. But just for fun, as you say, my intuition tells me that yes, it is perfectly possible. This year's price has not really taken off, and any slightly negative news seems to have a greater impact than positive news. And while gold is skyrocketing, it seems that FUD has shifted to gold. Also, many people believe that this cycle has topped.
So, I would not be surprised if we fell below that figure, either normally or after another statement from Trump.
Not panicking over this, it's either an opportunity or people will just freak out. Market are just pathetic because Trump was announcing everything is that they should be worry about their investment, I'm still bullish even if it falls that low. I think it will fall below that area if this autistic trade wars doesn't end but let me tell you that it's definitely a buy opportunity to take, probably just DCA.
possible but i think there is still good support around daily ema200 and sma200 plus focusing in short term moves always results with loosing in crypto.
Bitcoin continues to experience a gradual decline after the big drop on the 11th, this made investors' confidence even lower because bitcoin fell very deeply which caused the crypto market to fall very quickly, although it had recovered to reach a price of $114k but it didn't last long and today it experienced a decline again, it looks like Bitcoin will try to return to the price support at $101k, whether it will break or not this month, but if there is a reversal, I think there is no chance again for Bitcoin it fell below $100k in Q4 this year, and next year is where we will have a bearish market, actually I don't like this situation because it is beyond my expectations and the calculations I made which are adjusted to historical data, but the fact is that the market does not repeat those times again, and we have entered a cycle zone that is different from the previous cycle