Why Bitcoin could rebound up to 21% this week: experts explain

2025-10-12 15:23

Bitcoin plunged 12% after Trump’s new China tariffs.

Crypto market saw $19B in liquidations amid panic selling.

Analysts predict possible strong rebound this week.

Bitcoin took a sharp plunge on Friday, falling more than 12% after President Trump announced a 100% tariff on Chinese imports, sparking fears of a new trade war.

The news sent shockwaves through the crypto market, wiping out over $19 billion in liquidations and causing panic selling among millions of traders.

Bitcoin briefly dropped below $105,000 before bouncing back slightly.

This plunge mirrored broader market fears as investors rushed to safer assets, amidst uncertainty over escalating US-China tensions and economic stability.

But, in the face of deep uncertainty, some experts are keeping calm and asked investors to show some faith in the fundamentals of the flagship cryptocurrency.

Why Bitcoin can make a big rebound this week

As per Cryptonews.com, economist Timothy Peterson thinks there’s a good chance Bitcoin could make a strong comeback this week, possibly jumping as much as 21%.

Looking at historical data going back to 2013, he notes that October has actually been Bitcoin’s second-best month, averaging a gain of 20.1%, just behind November.

Big drops in October are pretty rare; they’ve only happened four times in the past ten years, and three of those were followed by sharp recoveries.

Even though Bitcoin recently dipped below $102,000 after President Donald Trump announced new tariffs, Peterson stays optimistic.

He points out that about half of October’s usual gains might already be in the books, but the rest of the month still looks favorable for a solid rebound.

Based on Bitcoin’s typical cycles of liquidity and market sentiment, analysts are hopeful that the month could end with Bitcoin regaining momentum and possibly breaking through some key resistance levels in the weeks ahead.

Why the latest crash is not unusual

Volatility is just part of life in the crypto world. Digital assets don’t just react to economic headlines; they are also highly sensitive to social media chatter, regulatory news, and tech developments.

Experts say that while these ups-and-downs can be risky, they also open the door for traders and investors who know how to ride the waves.

Historically, October tends to be a bumpy month for crypto, but these dips are often followed by strong rebounds as the market finds its balance.

Bottom line: the crypto space is fast-moving and unpredictable, with big risks, but potentially big rewards too.

Several factors drive this heightened volatility. For one, the market is still relatively young, so price discovery is ongoing, new investors and speculative trades can swing prices dramatically.

Unlike traditional financial markets, crypto isn’t heavily regulated, so announcements of new policies or legal actions can spark sharp reactions.

The fact that crypto markets run 24/7 only adds fuel to the fire, with no breaks or circuit breakers to cool things down.

The post Why Bitcoin could rebound up to 21% this week: experts explain appeared first on CoinJournal.

origin »

Bitcoin (BTC) на Currencies.ru

$ 92092.74 (+0.16%)
Объем 24H $58.778b
Изменеия 24h: -1.34 %, 7d: 0.98 %
Cегодня L: $91928.34 - H: $92664.54
Капитализация $1837.967b Rank 1
Цена в час новости $ 113114.14 (-18.58%)

bitcoin week new trump rebound falling friday

bitcoin week → Результатов: 126


Bitcoin transactions plummet by over 50% in a week

There has been a notable drop in the total number of Bitcoin transactions in the past week. Between Sept. 8 and Sept. 11, it decreased from 909,000 to 412,000, showing a market cooldown. This sharp decline aligns with a noticeable drop in network activity, likely influenced by an overall reduction in trading volume after several […] The post Bitcoin transactions plummet by over 50% in a week appeared first on CryptoSlate.

2024-9-17 18:30


Bitcoin dips to $60k as Solciety’s presale rakes in $400k in a week

Key takeaways Bitcoin briefly dropped below $59k on Monday as Mt. Gox plans to repay some of its clients. Solciety has raised $400k in a week as its 30-day presale begins excellently. BTC slips below $59k as buyers suffer losses The cryptocurrency market is having a poor start to the week, with Bitcoin and other […] The post Bitcoin dips to $60k as Solciety’s presale rakes in $400k in a week appeared first on CoinJournal.

2024-6-25 06:06


Фото:

Bitcoin Bottom In? Retracement From $73,800 Is Deeper And Took Longer To Form

Some analysts were frightened by the recent drop in Bitcoin prices. Though the coin is showing signs of strength, multiple leveraged longs were liquidated early this week. In a post on X, one analyst thinks Bitcoin might have just found support, bottoming up after the contraction this week, pushing it lower from the multi-week range established in mid-March through to the better part of April.

2024-5-4 23:00


Bitcoin Blasts Past $70,000 In Wild Week To Register New All-Time High

The price of bitcoin has shattered records by briefly surging past the $70,000 mark earlier today, signaling a renewed wave of enthusiasm among investors. The top cryptocurrency experienced a steady climb throughout the week with a sustained 12% rally, aided by the introduction of spot bitcoin exchange-traded funds (ETFs) in the United States.

2024-3-11 11:32