Bitcoin and AVAX fall over 10% as traders look for recovery zones and new presale opportunities in MAGACOIN FINANCE.
Bitcoin and Avalanche (AVAX) experienced negative expectations this week and lost more than 10% downwards, as the selling pressure across the crypto market worsened. Bitcoin was dropped to the support zone of less than $107,500, and AVAX was also tested in the $14 range after a week of intense trading and whale dealings.
According to the analysts, such pullbacks may create accumulation areas to the long-term investors as the market sentiment stabilizes. In the turbulence, new projects have gained momentum like the MAGACOIN FINANCE which is still in its presale stage and attracts early investors as best crypto to buy.
Bitcoin Price Tests Key Levels After Sharp Correction
According to CoinMarketCap, Bitcoin is trading around $105,300, but it has fallen by 5.4% over the past 24 hours. This decline came after a correction of a recent all-time high of $126,251 that was registered on October 15 and which caused liquidations of more than $800 million. The market data indicate that the total market capitalization of crypto markets was reduced by 600 billion in the same time frame.
On X, analyst @TedPillows wrote that the support level of the Bitcoin at $108,000 has been lost and there was no protection until $101,000-$102,000. Should Bitcoin be able to recover above the price of $110,000, then traders believe a short-term recovery is likely, however, failure to do this would make the price go into the range of $97,000.
Source: X
Technical indicators show that Bitcoin is challenging a critical demand zone at $101,000 to $102,000, which can trigger new buying orders. Although the bearish pattern in the almost term is observed, investors are of the opinion that the correction is still in the cyclical trend of Bitcoin.
History indicates that past bull cycles have been preceded by large-scale retracements ranging between 25 and 30%. Analyst EtherNasyonaL remarked that Bitcoin has been accumulating above demand zones, with the momentum indicators indicating that the conditions will cool down then recover.
AVAX Price Shows Weakness Before Potential Rebound
Avalanche (AVAX) has also suffered sharp losses, dropping over 8% in the last week. At press time, AVAX price was trading at $20.30, a 4% surge after finding support at its intra-day low of $19.09. However, despite the bullish recovery, AVAX was unable to breach the intra-day high of $20.40.
Further analysing, technical analysis reveals that AVAX charts have a falling wedge that may reverse should the support around $14 be achieved.
According to Crypto analyst CryptoPulse, the existing arrangement is a sign of bottoming within the wedge structure. With AVAX keeping its support at the current level of $14, then, the price may recover to the level of $30 within a short period of time and perhaps even touch $50 with the new impulse.
Source: X
According to Community data provided by CoinMarketCap, 85% of holders are optimistic, which means that they believe that AVAX has a long-term opportunity. The resilience of the market has also attracted the interest of investors who are in need of new growth opportunities besides the conventional assets.
With both Bitcoin and AVAX in corrective phases, traders are increasingly scanning for early-stage projects with smaller caps and faster growth potential. Among these, MAGACOIN FINANCE is gaining traction as one of the best crypto to buy in the 2025 presale market.
MAGACOIN FINANCE Emerges as a Rising Star
MAGACOIN FINANCE recently raised over $16 million during its presale, with investors citing its deflationary model and transparent token structure as key advantages. The project aims to reduce token supply gradually, supporting long-term value appreciation for early participants.Its expanding community across social platforms continues to drive visibility and attract attention from both retail and institutional investors.
Early participants benefit from stage-based pricing, which rewards investors who enter before wider exchange listings. The project’s transparent roadmap and presale model have contributed to growing interest among traders seeking alternatives to volatile large-cap coins.
Analysts forecast that if market conditions improve, MAGACOIN FINANCE could potentially deliver returns exceeding 50x, according to early projections.The project’s timing aligns with a market phase where traders are diversifying portfolios to include newer, faster-growing digital assets.
With liquidity rotating out of major cryptocurrencies, presale tokens such as MAGACOIN FINANCE are seen as potential outperformers. Many investors consider it one of the best crypto to buy during the ongoing correction, combining early entry potential with disciplined development.
Conclusion
Bitcoin and AVAX have both entered critical support zones after steep corrections, setting the stage for potential relief rallies. Analysts believe that while near-term volatility may persist, long-term accumulation could soon resume as traders rebuild confidence.
Amid these conditions, MAGACOIN FINANCE continues to gain momentum, supported by its structured presale and strong investor participation. Its blend of community engagement, transparent operations, and early access opportunities positions it among the best crypto to buy heading into 2025.
To learn more about MAGACOIN FINANCE, visit:
Website: https://magacoinfinance.com
Twitter/X: https://x.com/magacoinfinance
Telegram: https://t.me/magacoinfinance
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