Bitcoin Price Up 1% As Tom Lee Says BTC Could Still Drop 50%

The Bitcoin value has risen over 1% within the final 24 hours, buying and selling at $111,331 as of 4:00 a.m. EST, on a 31% lower in every day buying and selling quantity to $50.47 billion.

That BTC value improve occurred whilst Tom Lee, BitMine’s well-known chairman, says that whilst Bitcoin turns into extra standard with massive funding companies, sharp drops of fifty% or extra are nonetheless attainable.

“Simply holding crypto on a steadiness sheet doesn’t assure long-term efficiency,” he defined, reminding everybody of Bitcoin’s turbulent previous.​

⚡️TOM LEE: BITCOIN NOT IMMUNE TO A 50% CRASH

He warns that even with Wall Road backing, $BTC may nonetheless face deep drawdowns, similar to the inventory market. pic.twitter.com/xOgzIb6YY0

— Coin Bureau (@coinbureau) October 24, 2025

In the previous few weeks, Bitcoin has confronted tough swings. First capturing as much as practically $126,000 after which tumbling under $110,000 earlier than bouncing again. Regardless of the pullbacks, Bitcoin’s place above $110,000 reveals the market nonetheless has religion, for now.​​​

Nonetheless, massive buyers have pumped greater than $1.2 trillion into Bitcoin by means of main exchanges up to now yr, making it the largest crypto entry level on this planet. Whilst different cryptocurrencies acquire floor, Bitcoin stays the primary alternative for conventional buyers, particularly within the US.​

Bitcoin On-Chain Information: Exercise Stays Excessive Regardless of Warnings

On-chain alerts give a clearer image of what’s taking place behind the value. Bitcoin stays the chief by way of community exercise and total demand.

Buying and selling quantity for on-chain perpetuals (crypto derivatives traded straight on the blockchain) hit all-time highs in October, with greater than $1 trillion value of notional worth exchanged this month alone. This means sturdy curiosity from institutional and retail merchants alike, whilst costs swing up and down.​

Nonetheless, some pink flags are displaying. The variety of Bitcoin transfers between wallets and exchanges has elevated throughout value drops, usually an indication that some holders need to take earnings or restrict their losses.

Bitcoin Trade Reserve Supply: CryptoQuant

Whereas many long-term holders are staying put, new consumers are stepping in each time Bitcoin dips under main assist ranges. This means that the market stays energetic, with consumers and sellers shortly reacting to strikes in value.

Bitcoin Technical Evaluation: BTC Displaying A Bearish Tilt

Trying on the charts, Bitcoin is presently in a consolidation zone after a pointy drop from its latest highs close to $126,000. The value is holding above the 200-day Easy Transferring Common (SMA) at $108,445.78, which acts as a key assist stage. The 50-day SMA is at $114,194.62, now simply above the newest value, making a “zone of resistance” overhead.​

BTCUSD Evaluation Supply: Tradingview

Technical indicators present blended alerts. The Relative Power Index (RSI) is at 47.34, displaying the market is impartial, which means consumers and sellers are evenly matched for now.​

The Transferring Common Convergence Divergence (MACD) stays under the sign line, an indication that bearish momentum may proceed if consumers fail to step in.​

In the meantime, the Common Directional Index (ADX) is at 25.47, indicating the development is current however not overwhelming, and the market may simply tip in both course.​

The chart additionally reveals clear horizontal assist and resistance zones. Sellers have repeatedly pushed Bitcoin down from the $125,000–$126,000 space, as marked by pink arrows. On the draw back, sturdy assist will be discovered simply above $108,000 and round $105,000, near the 200-day SMA.

A fall under these ranges can be a warning of deeper corrections, and as Lee says, sturdy corrections ought to by no means be dominated out, even in bullish cycles.​

Conversely, if the value strikes above resistance at $114,200 after which $118,000, Bitcoin may attempt to retest latest highs. However with no sturdy catalyst, the trail to greater ranges seems to be difficult..

For now, technical and on-chain information present Bitcoin is holding, however bulls face a troublesome highway. Because the market waits for its subsequent massive catalyst, staying above $108,000 is essential. If not, even Wall Road’s favourite crypto may see a pointy drop earlier than bouncing again.

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