{"id":90581,"date":"2025-11-03T16:31:05","date_gmt":"2025-11-03T13:31:05","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=90581"},"modified":"2025-11-03T16:35:29","modified_gmt":"2025-11-03T13:35:29","slug":"trader-predicts-bitcoin-bottom-at-101000","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/trader-predicts-bitcoin-bottom-at-101000\/","title":{"rendered":"Trader Predicts Bitcoin Bottom at $101,000"},"content":{"rendered":"<p>After a weekend recovery to $110,000, Bitcoin corrected to $107,000. The trader known as CrypNuevo anticipates &#8220;one of the most challenging trading weeks&#8221; ahead for the digital gold. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> Sunday update:<\/p>\n<p>In all honesty, it looks like this could be one of the most difficult trading weeks of Q4.<\/p>\n<p>That makes me think we might be in a range-bound environment; therefore, I should be aware of a potential range lows retest.<\/p>\n<p>Let&#8217;s give this a thought:<\/p>\n<p>\ud83e\uddf5\u2193(1\/6) <a href=\"https:\/\/t.co\/QzhiSqha8i\">pic.twitter.com\/QzhiSqha8i<\/a><\/p>\n<p>\u2014 CrypNuevo \ud83d\udd28 (@CrypNuevo) <a href=\"https:\/\/twitter.com\/CrypNuevo\/status\/1985062093012238408?ref_src=twsrc%5Etfw\">November 2, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;This leads me to think we are likely in a sideways range, meaning we should be prepared for a potential retest of its lower boundaries,&#8221; he noted. <\/em><\/p>\n<\/blockquote>\n<p>The expert highlighted a coincidence: the price lows align with the 50-week exponential moving average at $101,150. According to him, this increases the likelihood of a bottom forming in this area. <\/p>\n<p>A similar situation occurred in October when Bitcoin&#8217;s price sharply retreated from its all-time high at <a href=\"https:\/\/forklog.com\/en\/news\/bitcoins-surge-to-126000-revitalises-retail-investors\">$126,200<\/a>.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;If this is indeed an accurate range, a breakout is more likely to occur upwards due to strong support at the lower boundaries and a liquidity imbalance above the upper ones,&#8221; added CrypNuevo. <\/em><\/p>\n<\/blockquote>\n<p>Historically, the first week of November is considered one of the most favorable for Bitcoin. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Historically, this is one of Bitcoin\u2019s most bullish weeks of the entire year \ud83d\udd0e <\/p>\n<p>Reversal incoming? \ud83e\udd14 <a href=\"https:\/\/t.co\/bNKE6Mf8Je\">pic.twitter.com\/bNKE6Mf8Je<\/a><\/p>\n<p>\u2014 Bitcoin Archive (@BTC_Archive) <a href=\"https:\/\/twitter.com\/BTC_Archive\/status\/1985328562736443783?ref_src=twsrc%5Etfw\">November 3, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The trader known as Daan Crypto Trades believes that to determine the nearest price targets, one must consider the liquidity distribution in the order book. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Gm! New week ahead. Video live in a few hours. Speaking about exactly this current region for <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> and my view on the cycle.<a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> Two big liquidity levels had built up in the short term during the weekend range.<\/p>\n<p>Price took out the lower bound that was sitting at $108.5K.\u2026 <a href=\"https:\/\/t.co\/4fKvDvTrIF\">pic.twitter.com\/4fKvDvTrIF<\/a><\/p>\n<p>\u2014 Daan Crypto Trades (@DaanCrypto) <a href=\"https:\/\/twitter.com\/DaanCrypto\/status\/1985245246372954184?ref_src=twsrc%5Etfw\">November 3, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He emphasized that over the weekend of November 1 and 2, two significant clusters formed. A substantial volume of orders remains around the $112,000 mark, and on broader time frames, in the $105,000 and $117,000 zones. <\/p>\n<p>Bitcoin maximalist Mark Cullen pointed out the risks associated with the accumulation of liquidity below current levels: <\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;The first cryptocurrency looks weak, and the lower cluster seems like an enticing target. The question is whether we will see another growth attempt before a deeper correction in the coming days or weeks. It will all depend on the first American trading session.&#8221; <\/em><\/p>\n<\/blockquote>\n<h2 class=\"wp-block-heading\">The &#8220;Old Guard&#8221; Pressures the Price <\/h2>\n<p>Analysts at QCP <a href=\"https:\/\/www.qcpgroup.com\/insights\/asia-colour-169\/\">reported<\/a> large Bitcoin transfers to the Kraken exchange by early investors. They noted that these players continued a previously started trend, which &#8220;explains the first &#8216;red&#8217; October for the cryptocurrency since 2018.&#8221; <\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;The theory that long-term holders are initiating the current consolidation seems justified. Recent sell-offs, including today&#8217;s, lacked a clear macro catalyst, even despite the rise in stocks and other risky assets amid supportive policies,&#8221; the experts added. <\/em><\/p>\n<\/blockquote>\n<p>They also highlighted that over the past week, volatility and demand for protective options have increased. However, the overall situation &#8220;indicates a lack of panic and fear&#8221; of a potential collapse. <\/p>\n<p>Digital gold remains resilient \u2014 over the past month, the market absorbed 450,000 BTC from the &#8220;old&#8221; supply, preventing a drop below $100,000.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Despite the slowdown in accumulation by corporations like Strategy and Metaplanet, as well as minor sales by small treasuries, spot prices maintain support. Even the outflow from <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-cryptocurrency-etf\">ETF<\/a> last week could not break Bitcoin&#8217;s current range,&#8221; noted QCP. <\/em><\/p>\n<\/blockquote>\n<p>According to experts, the current consolidation resembles the period before the breakout in 2024. Otherwise, it may signal the onset of a crypto winter, the analysts concluded. <\/p>\n<p>Back in October, Sigma Capital CEO Vinit Budki <a href=\"https:\/\/forklog.com\/en\/news\/venture-investor-predicts-bitcoin-could-plunge-by-70\">predicted<\/a> a 70% drop in Bitcoin. <\/p>\n<p>For more on the dynamics of digital gold in October, read the latest ForkLog digest. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency investor CrypNuevo anticipates &#8220;one of the most challenging trading weeks&#8221; for Bitcoin. <\/p>\n","protected":false},"author":1,"featured_media":90582,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"CrypNuevo predicts a challenging week for Bitcoin.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1146,1138],"class_list":["post-90581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency-market-forecasts","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"160","promo_type":"1","layout_type":"1","short_excerpt":"CrypNuevo predicts a challenging week for Bitcoin.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=90581"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90581\/revisions"}],"predecessor-version":[{"id":90583,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90581\/revisions\/90583"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/90582"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=90581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=90581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=90581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}