Bitcoin’s $100K Capitulation: Volatility Alert!

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Key points: 🚨

  • Bitcoin seals its worst October performance since 2018 as traders flip cautious on the outlook. 🤷‍♀️

  • ETF outflows return as derivatives traders hedge risk despite macro tailwinds. 🧠

  • Bollinger Bands data suggests that BTC price volatility is due to make a sweeping comeback. 🌀

Bitcoin (BTC) traded around $110,000 on Saturday as traders stayed bearish after “Uptober” failed to deliver. 🤡 Uptober? More like “Uptober” failed to deliver. What a shocker!

Bitcoin demand “weakness” closes out Uptober

Data from CryptoMoon Markets Pro and TradingView showed that the BTC price was recovering losses from Friday’s Wall Street trading session. 📉 Recovery? More like a slow crawl. 🐌

This began with sell pressure – a frequent phenomenon throughout the week – involving both US exchanges and the spot Bitcoin exchange-traded funds (ETFs). 💸 Sell pressure? More like a sell-off party. 🎉

Onchain analytics platform Glassnode said that ETF outflows highlight “rising sell pressure from TradFi investors and renewed weakness in institutional demand.” 🧨

Data from UK-based investment company Farside Investors put Friday’s tally at $191 million, which followed $488 million in outflows for Thursday. 📈📈📉

Continuing, Glassnode noted that markets had shrugged off a macro tailwind in the form of an interest-rate cut from the US Federal Reserve. 🐦 “Hawkish tone”? More like a hawk with a megaphone. 🦅

The Fed delivered the expected rate cut, but the hawkish tone for December has cooled optimism,” it told X followers. 🌬️

“The initial rally faded as traders moved back into cautious mode, a shift clearly reflected in BTC’s options market.” 😱

Traders likewise remained cautious, with crypto investor and entrepreneur Ted Pillows calling the current setup on Bitcoin “time-based capitulation.” 🕒 “Time-based capitulation”? More like “time-based panic.” 😱

“BTC time-based capitulation is happening now. But for this, Bitcoin needs to consolidate above $100,000,” he warned Friday. 🧭

“A weekly close below this level will confirm the downtrend.” 📉

Trader Daan Crypto Trades, meanwhile, said that a true move could only come once BTC price decisively crossed the upper or lower boundary of its local range. 🧭 “True move”? More like a “true zigzag.” 🧭

$BTC Held $107K again and moved back to the mid range. It’s just up one day, down the other at this point.

Range is ranging. Chop is chopping.

We remain patient for $107K or $116K to break to see some momentum back into this market and for the range to end.

– Daan Crypto Trades (@DaanCrypto) October 31, 2025

Bollinger Bands say BTC price volatility next

The October monthly candle thus delivered a disappointing 3.7% loss for BTC/USD – the worst result since 2018. 📉 2018? That was a different era. 🕰️

As CryptoMoon reported, November is traditionally Bitcoin’s best-performing month, with data from CoinGlass confirming an average upside of a giant 42.5% since 2013. 🎉 “Best-performing”? More like “best-chaotic.” 🌪️

Discussing the topic, commentator Matthew Hyland added that the Bollinger Bands volatility indicator continued to imply record volatility was on the way. 🚨 “Record volatility”? More like a record-breaking chaos. 🌪️

Bollinger Band narrowing has long been on the radar for market participants. 🧭 Last month, the indicator’s creator, John Bollinger, said that it would soon be “time to pay attention” to volatility on both Bitcoin and major altcoins. 🧠 “Time to pay attention”? More like “time to panic.” 😱

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2025-11-01 11:35