Key points:
- Bitcoin is safe from falling below $100,000 for the rest of the current bull market, according to analyst BitQuant. 📈
- The latest forecasts suggest $145,000 is still a viable target for BTC price. 🎯
- A drop below $114,500 closes a CME futures gap that has been open since July. 🕊️
Bitcoin (BTC) will not even flirt with the $100,000 mark during the current correction, predicts BitQuant, with new all-time highs still on the horizon. 🌠
The latest insights from the renowned X analyst BitQuant offer a glimmer of hope to traders who are on edge, including a bold $145,000 BTC price forecast. 🌟
BitQuant: Road to $145,000 BTC Remains Open
Despite Bitcoin dipping below $114,500, marking an 8.8% decline from its recent peak, not everyone is alarmed about the immediate future. 😅
BitQuant, known for his optimistic views on Bitcoin’s market dynamics over both short and long periods, maintains that BTC/USD will hold the six-figure threshold. 🛡️
“Bitcoin isn’t going below $100K – not in this cycle. It doesn’t matter what the news says, what the Fed does, or how much inflation there is…,” he declared on Monday. 📢
When asked if the price might “touch” the $100,000 mark, he confidently stated that BTC/USD wouldn’t “even come close” to such levels. 🙅♂️
This outlook follows BitQuant’s reaffirmation of his next local top target of $145,000, expected to materialize throughout 2025. 📈
The anonymous analyst has gained recognition for accurately predicting Bitcoin’s previous all-time high in 2024, which notably occurred before the block subsidy halving. 🕵️♂️
Current trends suggest that the cycle’s peak could reach around $250,000. 🌠
Another Bitcoin Dip, Another CME Gap Filled
However, other market participants remain skeptical.
Trader Roman, known for his cautious stance on price at this stage of the bull market, doubts the safety of the $100,000 level. 🤔
“My bet is this sell-off won’t find a solid bounce point until 112k,” he informed his X followers on Tuesday. 📉
“Depending on whether we can find a reversal, a close below would be catastrophic and take us straight to 97k. Currently, I’m not seeing any signs of a reversal.” 💔
Roman has previously pointed to low trading volume during the latest all-time high as evidence of its unsustainable nature, comparing the current situation to Bitcoin’s behavior at the peak of its 2021 bull run. 📉
🚨 $BTC Check this out.
This liquidation map shows a massive cluster of short liquidations just above 117k. This is a huge magnet for price. Most traders are focused on the current volatility, but institutional players are closely watching these pressure points.
– TheKingfisher (@kingfisher_btc) August 19, 2025
Traders continue to monitor exchange order-book liquidity, anticipating a potential short squeeze following the drop below $114,500. 🚀
Data from CoinGlass indicates that 24-hour crypto liquidations reached $333 million at the time of writing. 💸
Rekt Capital, a trader and analyst, notes that BTC price has now fully closed a “gap” in CME Group’s Bitcoin futures market that had been open since July. 📊
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2025-08-19 13:04