Bitcoin’s sharp swings this month have left traders on edge, but seasoned analysts believe the turbulence is nearing its end.
Many expect the world’s largest cryptocurrency to stabilize soon and possibly rally toward new highs before the year closes.
Veteran trader Peter Brandt argues that Bitcoin’s parabolic advance is at a critical turning point. He envisions two possible paths – either a brief shakeout that clears overleveraged positions before prices surge past previous records, or a deeper correction that could briefly drag the coin toward the $50,000 – $60,000 range. Brandt emphasized that such a decline wouldn’t mirror the 80% collapses of past cycles, but rather serve as a reset before renewed upside momentum.
The volatility came after President Donald Trump’s announcement of 100% tariffs on Chinese imports, which rattled risk assets and triggered a wave of crypto liquidations worth nearly $19 billion. Bitcoin plunged from $121,000 to $102,000, momentarily breaking below key technical support zones.
Still, market sentiment hasn’t turned bearish. Charles Edwards, founder of Capriole Investments, described the selloff as “a necessary purge,” warning that even moderate leverage levels could prove dangerous in current conditions. Despite the caution, Edwards remains optimistic that Bitcoin’s broader trend points higher in the weeks ahead.
Others share that conviction. Arthur Hayes, co-founder of BitMEX, urged investors to view the pullback as a buying opportunity following Federal Reserve Chair Jerome Powell’s announcement that the era of balance sheet tightening may be ending. Hayes sees easier monetary conditions as a spark for renewed crypto strength, driven by cheaper liquidity and revived investor appetite.
Pav Hundal of Swyftx added that macro data also favors Bitcoin’s outlook. Falling oil prices, a cooling job market, and expectations of an imminent Fed rate cut could create what he calls “a golden setup” for crypto assets. Similarly, macroeconomist Lyn Alden believes the next quarter will be “particularly favorable,” citing improving liquidity and continued institutional accumulation.
In short, analysts agree that while a final downward move could still occur, the broader structure remains bullish. If history rhymes, this correction may prove to be the last major dip before Bitcoin enters a new phase of price discovery – and possibly sets fresh all-time highs before the year’s end.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/bitcoin-price-outlook-major-correction-may-precede-explosive-upswing/