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- 🤔 Bear Market Incoming? Not So Fast! |Released 18 Oct 25|
🤔 Bear Market Incoming? Not So Fast! |Released 18 Oct 25|
👀 $916 Million Liquidated in 24 Hours! Next Newsletter 29 October!
Jonathan Hamblin
October 18, 2025
In partnership with
Today’s newsletter is brought to you by Consensus! “The Super Bowl of Blockchain” is taking place next year May 5th to 7th with 20,000 industry leaders and executives!
Welcome back to
BULL MARKET BYTES
Your byte of cryptocurrency insight where we beg and plead to our portfolios to stop decreasing in value . . .
Hopefully McDonald’s will accept our applications if our portfolios don’t listen. 😂
Here is what we have for you today!
📊 BLOCKCHAIN BREAKDOWN
Bitcoin’s “textbook” bearish formation
Bullish Pressure Around the Corner
Only 2 support levels to go
Bullish formations can now take place
📌 BULL MARKET BULLETIN
$916 million liquidated in 24 hours
Gold reaches new all-time high
BITCOIN TECHNICAL ANALYSIS
Bitcoin continues to nosedive during a month that historically has one of the highest returns on investment!
Since our last newsletter on Wednesday, Bitcoin has decreased from -1.9% to -6.01% in October!
In the past 10 days, the cryptocurrency overall market cap has dropped from $4.30 trillion to a current $3.63 trillion - a $670 billion decrease!
All signs point to the bull market coming to a close . . . but maybe there is still hope for us around the corner.
Let’s dive into what is on our mind, but before we do, a word from today’s sponsor!
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Thank you to Consensus for sponsoring today’s newsletter!
The panic in the markets continue to spread like wildfire, and for good reason . . .
Bitcoin has broken key support at $107,493.48
President Trump’s tariff scare didn’t help anything
The US Government continues to be shut down
But what about the good news?
Believe it or not, Bitcoin has completed a “textbook” bearish formation and now has opportunity to spike upward in price.
Let’s take a look at Bitcoin’s daily chart below - the first image from our last newsletter and the second from today’s newsletter.
As we see from the white outline on the second image, Bitcoin has completed its bearish inverse cup and handle formation.
As traders - especially industrial traders - see that the bearish formation has completed this could lead to 2 major things.
Long buyers will add to their positions at a lower average
Short sellers will close their positions
Both of these actions above lead to what we need . . . generating buying pressure!
We can speculate all day, but let’s take a look at the psychology behind the market for the past hour:
Short (bearish) traders = 54.25%
Long (bullish) traders = 45.75%
So, where does Bitcoin go from here?
WHAT TO ANTICIPATE
As stated in Wednesday’s newsletter:
“Until our next newsletter on Saturday, watch to see if Bitcoin holds the $111,871.67 area . . .
If it doesn’t, say hello to $110,609.41 and possibly $107,493.48! Until next time, be safe out there!”
Like we said, if Bitcoin doesn’t hold $111,871.67 then we would be saying hello to $107,493.48 . . . score 1 for us - score 0 for our portfolios!
In light of our awesome prediction, Bitcoin only has 2 major support areas left before breaking below $100,000!
$104,442.54
$100,000
🌍 In a perfect world, what do we see? As of now, $107,493.48 is acting as resistance which does not help Bitcoin in moving upward.
However, Bitcoin did break down to $104,442.54 and recovered to where it is now.
In this perfect world that will never exist . . . we need Bitcoin to recover above $107,493.48 and convert it from resistance to support!
⚠️ Caution along the way! Being that Bitcoin has dropped ~$20,000 since the beginning of the month, it could easily drop further.
If $104,442.54 if broken, there is a high chance that we will continue down to $100,000!
If $100,000 breaks, it will be devastating to Bitcoin!
Many traders are placing sell orders at that level, which will cause a massive sell-off!
🧠 Our overall thoughts? How Bitcoin moves in the next 72 hours will draw a course of how it will move for the rest of the month . . .
For Bitcoin to enter a true reversal, the price must exceed above $116,822.71. Until then, Bitcoin may continue a trend of “lower highs and lower lows.”
The Bull Market Bytes’ newsletter will run its next edition on the 29th of October!
Until then, if Bitcoin breaks $100,000 then a sharp drop in price is very possible.
If Bitcoin holds $104,442.54, we need Bitcoin to bounce above resistance at:
107,493.48
108,765.53
110,609.41
Chances are that Bitcoin rebounds in the long run, but time will tell. Best of luck out there and see everyone on the 29th of October!
BULL MARKET BULLETIN 📌
$916 million liquidated from the market in 24 hours
Bitcoin is outside of its 518–580-day peak window
Gold reaches a new all-time high of $4,357 per ounce
Gold added over $300 billion to its market cap in 1 day
DID WE HIT THE BULLSEYE? |