Bitcoin hit a dizzying peak of $126K, then casually tripped down to around $111,000, then to 106K in the time of writing.
Yes, it lost about more, than 10% in the last seven days, but don’t put away your rocket boots just yet. There’s a plot twist brewing.
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Structural demand
Enter Matt Mena, the crypto oracle from 21Shares. The guy sees Bitcoin not as a shattered dream but a financial beast flexing its muscles, ready to roar louder.
Why? Because Bitcoin’s stubborn stamina is structural demand dressed up in ETF inflows and a friendlier-than-expected central bank mood.
Mena paints a picture where the Fed, led by Jerome Powell, is waving a “pause” flag on rate hikes and flirting with rate cuts, futures markets are nearly certain on this, pricing in two cuts by year-end.
This has bolstered risk-assets, pushing the S&P 500 close to $6,650 and keeping Bitcoin strong despite the multibillion crypto deleveraging episode.
Market signals
That deleveraging, the crypto version of a financial spring cleaning, cleared out the excess margin madness on centralized exchanges.
But decentralized platforms somehow stood tall, showing that sometimes the crypto rebels really do have tougher skin.
With those wild bets flushed twice, the stage looks set for Bitcoin’s next act, perhaps that mythical $150K.
Globally, the economic forecast is a mixed bag. The IMF lowered its 2025 growth outlook to 3.2%, but US-China détente whispers some hope into the chaos.
Domestically, the US government shutdown stretches into a third week, with a 70% chance of a deal by mid-November, leaving markets dangling on Fed clues and private market signals.
Crossroads
But market observes say Bitcoin’s structural demand streak is no joke. Over $6 billion has poured into U.S. crypto ETFs this month alone, aiming to tip total global crypto ETF assets near $300 billion by year-end.
On-chain, Bitcoin dominance climbed to 58.7%, with public companies hoarding a record-breaking 1.02 million BTC. The crypto treasure chests are overflowing.
Yet, the mood isn’t pure euphoria. Far from it. The Crypto Fear & Greed Index still wobbles at 32, as technical indicators like RSI hint the bears might be circling.
But most Bitcoin supply remains in profit, and short-term holders are playing their cards close to their chests.
That’s a bullish wink telling us the party might just be getting started. Bitcoin now feels like a weathered hero at a crossroads, steady, battle-scarred, yet ready for new conquests.
Will the next few weeks see a glorious rally to $150K or just another test of endurance? The million dollar question.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
Cryptocurrency and Web3 expert, founder of Kriptoworld
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With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.
📅 Published: October 18, 2025 • 🕓 Last updated: October 18, 2025
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