Bitcoin starts $100K ‘capitulation’ as BTC price metric sees big volatility

3 hours ago

Key points:

Bitcoin seals its worst October show since 2018 arsenic traders flip cautious connected the outlook.
ETF outflows instrumentality arsenic derivatives traders hedge hazard contempt macro tailwinds.
Bollinger Bands information suggests that BTC terms volatility is owed to marque a sweeping comeback.

Bitcoin (BTC) traded astir $110,000 connected Saturday arsenic traders stayed bearish aft “Uptober” failed to deliver.

Bitcoin request “weakness” closes retired Uptober

Data from Cointelegraph Markets Pro and TradingView showed that the BTC terms was recovering losses from Friday’s Wall Street trading session.

This began with merchantability unit — a frequent phenomenon passim the week — involving some US exchanges and the spot Bitcoin exchange-traded funds (ETFs).

Onchain analytics level Glassnode said that ETF outflows item “rising merchantability unit from TradFi investors and renewed weakness successful organization demand.”

Data from UK-based concern institution Farside Investors enactment Friday’s tally astatine $191 million, which followed $488 cardinal successful outflows for Thursday.

Continuing, Glassnode noted that markets had shrugged disconnected a macro tailwind successful the signifier of an interest-rate chopped from the US Federal Reserve.

The Fed delivered the expected complaint cut, but the hawkish code for December has cooled optimism,” it told X followers.

“The archetypal rally faded arsenic traders moved backmost into cautious mode, a displacement intelligibly reflected successful BTC’s options market.”

Traders likewise remained cautious, with crypto capitalist and entrepreneur Ted Pillows calling the existent setup connected Bitcoin “time-based capitulation.”

“BTC time-based capitulation is happening now. But for this, Bitcoin needs to consolidate supra $100,000,” helium warned Friday.

“A play adjacent beneath this level volition corroborate the downtrend.”

Trader Daan Crypto Trades, meanwhile, said that a existent determination could lone travel erstwhile BTC terms decisively crossed the precocious oregon little bound of its section range. The two cardinal levels of involvement were $107,000 and $116,000.

$BTC Held $107K again and moved backmost to the mid range. It's conscionable up 1 day, down the different astatine this point.

Range is ranging. Chop is chopping.

We stay diligent for $107K oregon $116K to interruption to spot immoderate momentum backmost into this marketplace and for the scope to end. https://t.co/c7zhiRd92f pic.twitter.com/u8PpwzaDLn

— Daan Crypto Trades (@DaanCrypto) October 31, 2025

Bollinger Bands accidental BTC terms volatility next

The October monthly candle frankincense delivered a disappointing 3.7% nonaccomplishment for BTC/USD — the worst effect since 2018.

As Cointelegraph reported, November is traditionally Bitcoin’s best-performing month, with information from CoinGlass confirming an mean upside of a elephantine 42.5% since 2013.

Discussing the topic, commentator Matthew Hyland added that the Bollinger Bands volatility indicator continued to connote grounds volatility was connected the way.

“Monthly Bollinger Bands person reached the astir utmost levels successful Bitcoin’s full history,” helium wrote connected X.

Bollinger Band narrowing has long been connected the radar for marketplace participants.

Last month, the indicator’s creator, John Bollinger, said that it would soon beryllium “time to wage attention” to volatility connected some Bitcoin and large altcoins.

This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.

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