2021-10-8 16:25 |
A day of gains looks increasingly in jeopardy as shaky support levels provide fertile ground for fresh volatility.
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After a year in which many prominent 2025 Bitcoin calls proved wide of the mark, the 2026 forecast slate is being framed less as “targets” and more as scenario ranges: mostly bullish, but with a long bearish tail that stretches as far as $10,000.
The Bitcoin price is currently over 30% below its all-time high of around $126,000, which was reached in the first week of October 2025. Unfortunately, it has gone downhill for the premier cryptocurrency since reaching this peak, starting with the infamous October 10 market bloodbath.
Macro trader plur daddy (@plur_daddy) argues bitcoin’s 2026 setup is less about crypto-specific catalysts and more about whether US liquidity conditions normalize after what he described as an unusually tight few months for risk.
Bitcoin’s recent price action has started to wear on people. After a strong start to the year and a run that pushed above $100,000 and briefly touched $125,000, the market has drifted into something closer to a low-volatility grind.
Chartered Market Technician (CMT) Tony “The Bull” Severino argues that Bitcoin’s most dependable macro tell—the copper-to-gold ratio—has broken character at the very moment the market typically enters a parabolic phase, leaving the post-halving script in disarray and altcoins without their usual rotation.
Bitcoin’s technical structure remains decisively negative and will stay that way “until” a key resistance level is reclaimed, according to veteran analyst Josh Olszewicz in his latest video published today.
Bitcoin is sitting on a technical ledge that could decide whether price makes a new all-time high or unwinds sharply into the $80,000s, according to veteran trader Josh Olszewicz (CarpeNoctom). “BTC complex iHS brewing in the megaphone,” he posted on October 30, 2025, adding in a follow-up: “Also this brewing, not great.