- 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 dip.
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.
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.
