Key factors:
-
Bitcoin offers up on its bull-market rebound as sellers keep firmly in management.
-
The notorious Bitcoin whale, who shorted BTC final week, continues so as to add to its BTC value draw back guess.
-
$107,000 is slowly rising as a possible near-term goal.
Bitcoin (BTC) fell again to multi-week lows after Tuesday’s Wall Avenue open as merchants suggested a low-risk strategy.
Bitcoin whale stays brief BTC with $500 million
Knowledge from Cointelegraph Markets Professional and TradingView confirmed BTC/USD dropping over 3% to retest $110,000.
Amid contemporary volatility, Bitcoin examined hodlers’ nerves for a second time in a number of days as suspicions of market manipulation continued to swirl.
“Puke from the US market open led to a different sweep of $110K which remains to be seeing passive shopping for & a bit extra absorption of market promoting,” dealer Skew wrote in his newest put up on X.
“In perps now we have shorts from earlier within the day taking income.”
Consideration stayed targeted on the actions of a crypto whale who shorted the market simply earlier than Friday’s $20 billion liquidation cascade.
On Tuesday, their BTC brief with 10x leverage was price almost half a billion {dollars}.
The notorious Hyperliquid whale is again.
Final time
he shorted $700M BTC + $350M ETH, pocketing almost $200M throughout the crash.
This time
he’s opened a $494M Bitcoin brief at 10x leverage.
Entry: $115,288
Present value: $112,600
Unrealized revenue: +$11.8M and climbing.
His… pic.twitter.com/QxSThYpM8f
— Justin Wu (@hackapreneur) October 14, 2025
Different danger belongings additionally struggled on the day, with US shares opening down and gold dropping from its newest all-time excessive of almost $4,180 per ounce.
Persevering with, dealer Roman informed X followers to keep away from overexposure amid weak market construction on the best way to $108,000.
“Now now we have a possible DB reversal with quantity dropping on main assist,” he wrote alongside a low-timeframe value chart.
“My solely situation is a part of me believes we fill that wick from our liquidation cascade. I’d take low danger right here.”
$107,000 coming subsequent?
Taking proprietary information into consideration, in the meantime, Keith Alan, co-founder of buying and selling useful resource Materials Indicators, had decrease ranges in thoughts.
Associated: $120K or finish of bull market? 5 issues to know in Bitcoin this week
“$BTC is pushing down for a 4th assist check at $109k, however I’m not satisfied it should maintain,” an X put up admitted.
“Technical assist is stronger the place the 200-Day SMA has confluence with the This autumn/2025 Timescape Degree at $107,100. If bulls lose that degree, the yearly open may come into focus.”
Bitcoin’s yearly open lies just under $93,500, and has shaped a key degree since.
Earlier, Cointelegraph reported on numerous key assist trendlines in play, together with shifting averages and the mixture price foundation for short-term holders.
This text doesn’t include funding recommendation or suggestions. Each funding and buying and selling transfer includes danger, and readers ought to conduct their very own analysis when making a choice.