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

The Bitcoin worth 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 each day buying and selling quantity to $50.47 billion.

That BTC worth improve occurred whilst Tom Lee, BitMine’s well-known chairman, says that whilst Bitcoin turns into extra in style with huge funding companies, sharp drops of fifty% or extra are nonetheless potential.

“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 might nonetheless face deep drawdowns, identical to the inventory market. pic.twitter.com/xOgzIb6YY0

— Coin Bureau (@coinbureau) October 24, 2025

In the previous couple of weeks, Bitcoin has confronted tough swings. First taking pictures as much as practically $126,000 after which tumbling beneath $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, huge buyers have pumped greater than $1.2 trillion into Bitcoin by means of main exchanges up to now yr, making it the most important crypto entry level on the earth. At the same time as 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 indicators give a clearer image of what’s occurring behind the worth. Bitcoin stays the chief when it comes to community exercise and total demand.

Buying and selling quantity for on-chain perpetuals (crypto derivatives traded instantly on the blockchain) hit all-time highs in October, with greater than $1 trillion price of notional worth exchanged this month alone. This means robust 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 worth drops, usually an indication that some holders need to take income 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 beneath main help ranges. This means that the market stays lively, with consumers and sellers rapidly reacting to strikes in worth.

Bitcoin Technical Evaluation: BTC Exhibiting 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 worth is holding above the 200-day Easy Transferring Common (SMA) at $108,445.78, which acts as a key help degree. The 50-day SMA is at $114,194.62, now simply above the most recent worth, making a “zone of resistance” overhead.​

BTCUSD Evaluation Supply: Tradingview

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

The Transferring Common Convergence Divergence (MACD) stays beneath the sign line, an indication that bearish momentum might 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 might simply tip in both course.​

The chart additionally reveals clear horizontal help 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, robust help will be discovered simply above $108,000 and round $105,000, near the 200-day SMA.

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

Conversely, if the worth strikes above resistance at $114,200 after which $118,000, Bitcoin might attempt to retest latest highs. However and not using a robust catalyst, the trail to increased ranges appears to be like difficult..

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

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