BorsaDEX+
Kripto AlPiyasalarSpotVadeli İşlemlerBTCBirikimEtkinlikler
Daha Fazla
Zero-Fee Gala
The post Crypto analyst reveals shocking Bitcoin ‘bottom price’ target appeared on BitcoinEthereumNews.com. Bitcoin (BTC) extended its losses on Friday, September 26, trading as low as $108,631 as U.S. second-quarter gross domestic product (GDP) growth revision dampened hopes for more aggressive Fed rate cuts. Spot Bitcoin exchange-traded funds (ETFs) also took a blow, recording over $253 million in outflows on Thursday, September 25, bringing the total number for the week to roughly $480 million, a figure expected to rise further if prices slide below key support levels.  As things stand, resistance lower than $112,000 ‘isn’t great’ for the cryptocurrency, warned leading crypto analyst Michaël van de Poppe in a social media post on Friday morning. Looking at the data from the past quarter, van de Poppe predicted that a failure to break out could see the world’s largest crypto sink toward the $107,000 level, a zone he thinks is ‘the first area for a potential bottom on BTC.’ “Basically, beneath the resistance at $112K isn’t great for Bitcoin. That’s why I think we’ll sweep the lows at $107K and see what we’re going to get from there. That’s the first area for a potential bottom on BTC,” wrote the analyst on X. BTC analysis. Source: @CryptoMichNL A pivotal moment for Bitcoin? Data from the Crypto Fear & Greed Index showed a reading of as low as 28/100 on Friday, its lowest level since April 11, according to CoinMarketCap. The ratio fell 16 points in a single day, showing how quickly sentiment can shift in periods of heightened volatility. This was due to the broader cryptocurrency market having shed more than $150 billion in value in just 24 hours, with total capitalization plunging from $3.90 trillion to $3.75 trillion at press time. BTC bore the heaviest losses, erasing more than $20 billion.  However, observing the signs of a potential bull trap, analyst Michael Pizzino… The post Crypto analyst reveals shocking Bitcoin ‘bottom price’ target appeared on BitcoinEthereumNews.com. Bitcoin (BTC) extended its losses on Friday, September 26, trading as low as $108,631 as U.S. second-quarter gross domestic product (GDP) growth revision dampened hopes for more aggressive Fed rate cuts. Spot Bitcoin exchange-traded funds (ETFs) also took a blow, recording over $253 million in outflows on Thursday, September 25, bringing the total number for the week to roughly $480 million, a figure expected to rise further if prices slide below key support levels.  As things stand, resistance lower than $112,000 ‘isn’t great’ for the cryptocurrency, warned leading crypto analyst Michaël van de Poppe in a social media post on Friday morning. Looking at the data from the past quarter, van de Poppe predicted that a failure to break out could see the world’s largest crypto sink toward the $107,000 level, a zone he thinks is ‘the first area for a potential bottom on BTC.’ “Basically, beneath the resistance at $112K isn’t great for Bitcoin. That’s why I think we’ll sweep the lows at $107K and see what we’re going to get from there. That’s the first area for a potential bottom on BTC,” wrote the analyst on X. BTC analysis. Source: @CryptoMichNL A pivotal moment for Bitcoin? Data from the Crypto Fear & Greed Index showed a reading of as low as 28/100 on Friday, its lowest level since April 11, according to CoinMarketCap. The ratio fell 16 points in a single day, showing how quickly sentiment can shift in periods of heightened volatility. This was due to the broader cryptocurrency market having shed more than $150 billion in value in just 24 hours, with total capitalization plunging from $3.90 trillion to $3.75 trillion at press time. BTC bore the heaviest losses, erasing more than $20 billion.  However, observing the signs of a potential bull trap, analyst Michael Pizzino…

Crypto analyst reveals shocking Bitcoin ‘bottom price’ target

Yazar: BitcoinEthereumNewsKaynak: BitcoinEthereumNews
2025/09/26 18:07
COM
COM$0.005112+0.05%
Bitcoin
BTC$95,482.63+0.32%
Union
U$0.002645-0.26%
Moonveil
MORE$0.002224-1.63%

Bitcoin (BTC) extended its losses on Friday, September 26, trading as low as $108,631 as U.S. second-quarter gross domestic product (GDP) growth revision dampened hopes for more aggressive Fed rate cuts.

Spot Bitcoin exchange-traded funds (ETFs) also took a blow, recording over $253 million in outflows on Thursday, September 25, bringing the total number for the week to roughly $480 million, a figure expected to rise further if prices slide below key support levels. 

As things stand, resistance lower than $112,000 ‘isn’t great’ for the cryptocurrency, warned leading crypto analyst Michaël van de Poppe in a social media post on Friday morning.

Looking at the data from the past quarter, van de Poppe predicted that a failure to break out could see the world’s largest crypto sink toward the $107,000 level, a zone he thinks is ‘the first area for a potential bottom on BTC.’

BTC analysis. Source: @CryptoMichNL

A pivotal moment for Bitcoin?

Data from the Crypto Fear & Greed Index showed a reading of as low as 28/100 on Friday, its lowest level since April 11, according to CoinMarketCap. The ratio fell 16 points in a single day, showing how quickly sentiment can shift in periods of heightened volatility.

This was due to the broader cryptocurrency market having shed more than $150 billion in value in just 24 hours, with total capitalization plunging from $3.90 trillion to $3.75 trillion at press time. BTC bore the heaviest losses, erasing more than $20 billion. 

However, observing the signs of a potential bull trap, analyst Michael Pizzino noted in a YouTube video on Friday morning that while fear levels have indeed intensified, BTC trades significantly above past cycle lows. 

This, Pizzino argued, implies the run is potentially not yet over and that we might be witnessing ‘the turning point Bitcoin and crypto have been waiting for,’ as he dubbed it on X.

Looking ahead, traders are focused on upcoming U.S. macro data. September PMI readings and weekly jobless claims scheduled for September 30 and October 2, respectively, could set the tone for the Fed’s next move, either reviving risk appetite or intensifying pressure to test whether the recent plunge is a bull-cycle pause or the start of a deeper correction.

Featured image via Shutterstock

Source: https://finbold.com/crypto-analyst-reveals-shocking-bitcoin-bottom-price-target/

Piyasa Fırsatı
null Logosu
null Fiyatı(null)
--
----
USD
null (null) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Fed Decides On Interest Rates Today—Here’s What To Watch For

Fed Decides On Interest Rates Today—Here’s What To Watch For

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Paylaş
BitcoinEthereumNews2025/09/18 00:23
Will XRP Price Increase In September 2025?

Will XRP Price Increase In September 2025?

Ripple XRP is a cryptocurrency that primarily focuses on building a decentralised payments network to facilitate low-cost and cross-border transactions. It’s a native digital currency of the Ripple network, which works as a blockchain called the XRP Ledger (XRPL). It utilised a shared, distributed ledger to track account balances and transactions. What Do XRP Charts Reveal? […]
Paylaş
Tronweekly2025/09/18 00:00
Exclusive interview with Smokey The Bera, co-founder of Berachain: How the innovative PoL public chain solves the liquidity problem and may be launched in a few months

Exclusive interview with Smokey The Bera, co-founder of Berachain: How the innovative PoL public chain solves the liquidity problem and may be launched in a few months

Recently, PANews interviewed Smokey The Bera, co-founder of Berachain, to unravel the background of the establishment of this anonymous project, Berachain's PoL mechanism, the latest developments, and answered widely concerned topics such as airdrop expectations and new opportunities in the DeFi field.
Paylaş
PANews2024/07/03 13:00