Losses of investors who bought the first cryptocurrency over the past six months have approached 13%. This level historically corresponds to capitulation and signals the peak of panic selling, CryptoQuant noted.
The author of the bestseller Rich Dad, Poor Dad, Robert Kiyosaki, told his 2.8 million followers on X that he does not intend to sell Bitcoin (BTC) and gold amid the correction.
The cryptocurrency market is experiencing sharp volatility. The Crypto Fear and Greed Index has dropped to 15, indicating “extreme fear,” as trader pessimism reaches levels not seen since the bottom of the 2022 bear market. Nevertheless, crypto analysts remain calm and forecast a parabolic peak in the range of $160,000 to $170,000 over the next six weeks.
After three years, the prediction market platform Polymarket has officially resumed operations in the United States. However, for now it is available only in a closed beta version for selected users.
On Monday, November 10, Bitcoin (BTC) gained 3.5%, climbing above the $106,000 mark. Its recovery came as investors rushed to buy below $100,000, helping the market increase its total capitalization by $170 billion.
A new Coinbase market report provided a clear picture of Bitcoin and Ethereum dynamics in Q3. These data allow for predictions about their behavior in Q4.
Shawn Yang, chief analyst at MEXC Research, has forecasted growth in the cryptocurrency market over the next year. According to him, if current macroeconomic trends persist, by November 2026 the price of Bitcoin (BTC) will range between $100,000 and $115,000, and in a positive scenario, it could reach $120,000. Ethereum (ETH), according to Yang’s estimates, could rise to $6,000–$7,000 during the same period.
Mow emphasized that Bitcoin’s attractiveness for corporate treasuries as a store of long-term value lies in the special role of the first cryptocurrency, which combines the properties of gold and the capabilities of modern finance. According to him, Bitcoin, like gold, first gained value in the eyes of investors and companies, not by government decree.
Since October 12, whales have sold 32,500 BTC, while small investors have been actively buying the dip. This divergence in behavior acts as a warning signal for Bitcoin, experts at Santiment noted.
The price of Zcash, a cryptocurrency that preserves user anonymity, has surged by 240% over the past month, surpassing $500. Analysts at CoinDesk Research have identified several key reasons behind the coin’s rally.
According to banking experts, the sharp drop in Bitcoin’s price on October 10–11 and November 4–5 was caused by an “unhealthy and unstable background” in the derivatives market.
Bloomberg Intelligence strategist Mike McGlone has predicted that Bitcoin could fall to $56,000.
According to Hougan, despite Bitcoin’s sharp drop to $100,000, there will be no “crypto winter”, and the market is expected to recover by the end of 2025.
According to Michael Saylor, major banks such as JPMorgan, Bank of America, Wells Fargo, and BNY Mellon are currently preparing to work with Bitcoin — and this, he believes, will be the catalyst for the next bull market.
According to the businessman, Bitcoin will continue to move in cycles — periods of rapid rallies will be followed by deep corrections that could reach up to 70% in the next phase. Over the coming years, the price of the leading cryptocurrency may drop by as much as 65%.
Most users of the prediction market Polymarket believe that Bitcoin will experience a quiet November, with limited price movement.
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