Bitcoin price has bounced back to over $103,000 today after plunging below $100,000 on Tuesday — its lowest level since June — as extreme fear gripped the market.
Drop came amid heavy selling pressureETF Outflows and New Macro Uncertainty
Investors pulled $1.8 billion out of Bitcoin and crypto ETFs earlier this week. Stocks like Strategy and Coinbase that are crypto-linked also suffered. also declined.
Jerome Powell, Federal Reserve chair, is adding to the pressure. signaled Interest rates may remain higher longer than expected, thus strengthening the U.S. Dollar and impacting non-yielding investments like Bitcoin.
Investors are still seeing opportunities despite all the chaos. Michael Saylor’s company, Strategy. recently bought Bitcoin price is on a long-term upward trajectory. 397 BTC are trading at $114,771, indicating confidence.
Although sentiment is cautious, “extreme fear” dominatesBitcoin’s recovery above $103,000 highlights its resilience.
On October 10th, bitcoin and the entire market saw a dramatic drop. drastic and sharp sell-off As President Trump announced 100% tariffs on all Chinese products and new export controls starting Nov. 1, 2025.
News of the news led to a massive crypto-sale, which saw bitcoin fall by 12% in merely ten minutes and many other major currencies drop as high as 40%.
The price of bitcoin and other crypto has not been able to return to those levels. Bitcoin, in particular, has displayed a greater resilience than the altcoins. Bitcoin is down only 20-25% since early October.
Bitcoin bull market may be nearer than you think
Bitcoin’s recent drop in price could be due to a number of factors. actually be the setup For its next big rally. While BTC has struggled to keep pace with record-breaking moves in Gold and the S&P 500, market patterns suggest a familiar rotation is unfolding — one that has historically preceded major Bitcoin bull runs.
Gold will eventually fall in price and the capital markets. rotates This is why many investors are moving into more risky assets such as Bitcoin and equities. This cycle has repeated across multiple eras — 2012, 2016, 2020 — and the setup looks eerily similar today.
Stocks are on the rise, but gold has recently reached new heights. That shift typically signals renewed risk appetite — prime conditions for Bitcoin.
Bitcoin is still a good investment, but only if measured by other assets and not the dollar. A return to its prior relative highs versus equities or Gold would imply BTC prices near $150,000 – $160,000.
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Source: bitcoinmagazine.com
