Bitcoin Analysts See Potential Dip to $100K Before Rally Toward $150K

  • Bitcoin may dip to $100K as part of healthy consolidation before resuming its uptrend to $150K.

  • Analysts highlight increased institutional buying and liquidity shifts from gold to Bitcoin.

  • Upcoming economic events like CPI and FOMC could introduce volatility, with data suggesting a Q4 rebound potential.

Bitcoin price correction to $100K signals buying opportunity before $150K surge. Discover analyst insights on institutional demand and market trends driving the next rally. Stay informed on crypto movements.

What is the expected Bitcoin price correction in the near term?

Bitcoin price correction to around $100,000 is anticipated as a brief pullback within its ongoing ascending channel, according to analysts like IncomeSharks. This dip represents normal consolidation during accumulation, not a reversal, allowing for renewed upward momentum. The asset has maintained strong support since late 2023, positioning it for a potential rally to $130,000 and beyond to $150,000 by mid-2026.

How are institutional trends influencing Bitcoin’s trajectory?

Analysts Ted and Wilmar observe a significant shift, with liquidity rotating from gold into Bitcoin following the end of gold’s bull cycle. Institutional buying has intensified, as evidenced by exchanges like Binance transitioning from sellers to active purchasers. According to Ted, “Every exchange is buying Bitcoin now,” underscoring growing confidence. Spot trading volumes have risen steadily, with data from market trackers showing accumulation at key support levels between $95,000 and $100,000. This institutional involvement, combined with limited selling pressure, supports a bullish long-term outlook, potentially amplified by macroeconomic stability post-upcoming events.

Bitcoin analysts expect a brief correction toward $100K before a potential rally to $150K, backed by strong institutional demand.

  • Analyst expects Bitcoin to dip near $100K before resuming its long-term bullish trend toward $150K.
  • Analysts Ted and Wilmar note rising institutional buying and liquidity rotation from gold into Bitcoin.
  • SuperBro notes upcoming CPI and FOMC events could lead to short-term volatility before a potential Q4 rebound.

Bitcoin’s current structure shows a potential short-term correction toward $100,000 before resuming its long-term uptrend, according to multiple analysts. IncomeSharks noted that such a dip is part of a logical consolidation phase, not a bearish signal.

The analyst explained that Bitcoin often experiences prolonged sideways movement during accumulation periods before breaking higher. The asset has remained within a clear ascending channel since late 2023, showing strong support and resistance alignment that continues to guide its bullish momentum.

Consolidation Within an Ascending Channel

The price action, framed within two blue trendlines, indicates Bitcoin’s continued respect for its upward structure. Resistance levels between $115,000 and $118,000 have limited further upside, as buyers struggle to secure a sustained breakout.

Analyst Predicts Bitcoin Brief Dip Before Massive Surge to $150,000

Source: IncomeSharks

Meanwhile, support zones between $95,000 and $100,000 have repeatedly absorbed selling pressure, confirming active accumulation near those ranges. The structure currently places Bitcoin near the mid-upper section of the channel, where mild resistance persists before any possible retest of lower support near $100,000.

The projected movement suggests a short-term retracement could occur before a renewed rally targeting $130,000 and later $150,000 by mid-2026. This aligns with institutional accumulation trends and reflects steady optimism across markets. IncomeSharks emphasized that corrections within broader uptrends often create ideal long-term positioning zones.

Analysts Expect Broader Liquidity Change

Analyst Wilmar stated that gold’s bull cycle has ended, adding that liquidity is now flowing into Bitcoin. His view highlights a potential shift in capital from traditional safe-haven assets toward digital alternatives.

Similarly, analyst Ted noted increased institutional buying activity, saying, “Every exchange is buying Bitcoin now. Even Binance, previously the largest seller, has turned into a buyer.” Such developments reinforce the notion of renewed market confidence ahead of major macro events.

These observations follow consistent growth in spot trading activity and expanding demand for exposure to Bitcoin’s long-term cycle. Together, they illustrate a strengthening base driven by high-volume accumulation and limited selling pressure.

Short-Term Volatility

According to SuperBro, the upcoming Consumer Price Index data on October 24 and the Federal Open Market Committee meeting on October 29 could significantly affect Bitcoin’s monthly close. The analyst described recent price reversals as normal liquidity sweeps, suggesting short-term volatility remains part of a healthy market process.

He noted that new short positions and substantial overhead liquidity could provide fuel for a potential Q4 rally once macro catalysts settle. Despite near-term fluctuations, the broader technical outlook continues to favor a sustained bullish move supported by strong market activity.

Frequently Asked Questions

Will Bitcoin really correct to $100K before hitting $150K?

Yes, analysts like IncomeSharks forecast a correction to $100K as a consolidation step within the ascending channel, supported by historical patterns since late 2023. This pullback absorbs selling pressure and sets up accumulation for the next leg up to $150K by mid-2026, backed by institutional inflows.

What impact will the October CPI and FOMC have on Bitcoin prices?

The October 24 CPI release and October 29 FOMC meeting may introduce short-term volatility through liquidity sweeps and position adjustments. However, SuperBro indicates these events could clear overhead supply, paving the way for a Q4 rebound in Bitcoin’s price amid ongoing bullish fundamentals.

Key Takeaways

  • Short-term correction likely: Bitcoin could retrace to $100K, serving as a healthy pause in its uptrend rather than a downturn.
  • Institutional demand rising: Shifts from gold to Bitcoin, with exchanges actively buying, bolster long-term growth potential.
  • Prepare for volatility: Monitor CPI and FOMC outcomes for entry points into the anticipated rally toward $150K.

Conclusion

In summary, the Bitcoin price correction to $100K appears poised as a temporary phase amid robust institutional trends and technical support within its ascending channel. Analysts’ insights from IncomeSharks, Ted, and Wilmar emphasize accumulation and liquidity shifts as key drivers for the surge to $150K. As market participants navigate upcoming economic data, staying attuned to these developments will be crucial for capitalizing on Bitcoin’s enduring bullish momentum in the evolving crypto landscape.

Source: https://en.coinotag.com/bitcoin-analysts-see-potential-dip-to-100k-before-rally-toward-150k/