Bitcoin price prediction is facing intense volatility this week, with a severe downturn wiping out 7% of the market’s total value over the last seven days. Bitcoin is working to recover from the crash that started this week and drove the price below $100,000 for the first time since July.

Bitcoin reached an all-time high in early October as leveraged positions by traders increased. However, this didn’t last long as $19 billion in leveraged crypto positions were wiped out, shaking out investors’ confidence. The market still hasn’t fully recovered from that sudden crash.

This massive sell-off comes as the Federal Reserve signals caution on upcoming rate cuts, prompting many long-term holders to cash out their cryptocurrencies and secure profits. However, experts believe Bitcoin is already at a strong support level and could soon attempt a reversal rally.

While Bitcoin is experiencing a global sell-off from investors, a dark horse is emerging from the sidelines: Bitcoin Hyper. Already generating buzz for its revolutionary layer-2, high-staking rewards, and fast-selling presale, the project is positioning itself as one of the best utility bets of 2025. Continue reading this article to find out about the latest trends surrounding Bitcoin and Bitcoin Hyper.

Long-time Bitcoin holders Offload in Price Decline

This significant price decline may have been driven by forced selling, but the current decline has been supported by some large players. In the past month, long-term Bitcoin investors have sold roughly 400,000 coins, worth nearly $45 billion.

Vetle Lunde, head of research at K33, said, “Over 319,000 Bitcoin has been reactivated in the past month, mainly from coins held for six to twelve months, suggesting significant profit-taking since mid-July.” He further added, “While some reactivation stems from internal transfers, much reflects real selling.”

Crypto ETFs are also seeing massive selling pressure. Bitcoin and Ethereum ETFs have faced six consecutive days of investor pullback, with total outflows crossing $2.6 billion. The largest hit came from BlackRock’s iShares Bitcoin Trust (IBIT), which saw more than $375 million withdrawn in a single day.

Bitcoin Price Prediction: Is Rebound Just Around the Corner?

On Tuesday, Bitcoin price crashed below the $100,000 mark for the first time in four months, establishing a new low of $98,892. The move comes after macroeconomic uncertainty and a prolonged correction pending broader markets. Additionally, for the first time since 2018, Bitcoin has closed October in negative territory, indicating a decline in investor interest. However, it is currently hovering above the strong support level, with experts making a Bitcoin price prediction of a potential reversal.

On a technical level, the Bitcoin price is facing a significant resistance cluster at $104,000, which includes the 10 and 20-day simple moving averages (SMA). A strong breakout above this level could pave the way for the psychological $105,000 barrier.

As observed recently, BTC is trading in a $100,000-$105,000 range, resulting in a 1.70% decline over the previous 24 hours. The MACD indicator remains, crossing below both the signal and the baseline.

Furthermore, BTC’s daily volume hit $67.23 billion, indicating significant momentum for the breakthrough. However, if it fails to break out of the current range, it may result in a temporary decline.

Bitcoin Hyper Presale Momentum Signals Early-Stage Opportunity

Bitcoin Hyper is a layer-2 crypto project that has the potential to deliver 10x-50x when the token is listed on the major exchanges. Despite a broader market weakness, the project has already raised more than $26.1 million and sold over 600 million tokens, which is a significant level of traction among early-stage investors.

Bitcoin Hyper is a Layer 2 network designed to enhance Bitcoin’s speed and scalability. This is similar to what ERC-20 did for Ethereum. Instead of relying on Bitcoin’s slow mainnet (5-7 TPS) for processing, Bitcoin Hyper utilizes a faster system powered by the Solana Virtual Machine (SVM), which can handle multiple transactions simultaneously.

The mechanism is simple: users move their BTC via a secure bridge on the Bitcoin mainnet. The BTC is locked there, and an equal amount of Wrapped BTC is issued on Bitcoin Hyper. On this Layer 2, transactions occur much faster and are verified efficiently through the SVM, providing Bitcoin with a smoother and more scalable transaction experience.

Reported Highlights from the Project:

• Over US $26.1 million raised in presale

• Massive 45% APY staking for ICO investors

• More than 655 million tokens sold and 120,000+ unique holders

• Tight security audits by Coinsult and Spywolf

• Discounted price in ongoing presale – $0.013235 per token

Strong presales, such as Bitcoin Hyper, have sustained momentum even in weak market conditions. In its ongoing presale, the project is offering access to promising tokens at discounted rates for early adopters. As the crypto market rebounds, Bitcoin Hyper represents the best crypto to buy for substantial future gains.