Bitcoin Won't Drop Below $100K This Cycle as $145K Target Remains Valid

Analyst Confident Bitcoin Floor Holds at Six Figures

Bitcoin will maintain its position above $100,000 throughout the current market cycle, according to prominent cryptocurrency analyst BitQuant. Despite recent price corrections that pushed Bitcoin below $114,500, representing an 8.8% drawdown from its latest record high, the analyst remains bullish on the leading cryptocurrency's prospects.

$145K Bitcoin Price Target Still Achievable in 2025

BitQuant emphasized that Bitcoin price will not approach the $100,000 psychological level during the ongoing correction. The analyst stated that external factors including Federal Reserve decisions, inflation data, or market news will not drive Bitcoin below the six-figure threshold during this bull market cycle.

The pseudonymous analyst has maintained his local top target of $145,000 for Bitcoin throughout 2025. This prediction builds on BitQuant's successful track record, having accurately forecasted Bitcoin's previous all-time high in 2024 before the cryptocurrency's block subsidy halving event.

Long-Term Cycle Peak Projections Reach $250K

Current market analysis from BitQuant suggests that the ultimate cycle peak could reach approximately $250,000. This long-term projection reflects the analyst's confidence in Bitcoin's continued upward trajectory despite short-term volatility.

Market Participants Show Mixed Sentiment

While BitQuant maintains an optimistic outlook, other market participants express more cautious views. Trader Roman, known for conservative price assessments during bull markets, believes Bitcoin could face additional downside pressure.

Roman projects that the current decline may continue until Bitcoin reaches the $112,000 level. The trader warns that failure to find support at this level could potentially drive Bitcoin down to $97,000, representing a more significant correction.

Technical Analysis Points to CME Gap Closure

Recent price action has successfully filled a gap in CME Group's Bitcoin futures market that originated in July. This technical development often signals completion of specific price movements and can influence future trading patterns.

Exchange order-book data reveals significant short liquidation clusters building above $117,000, creating potential upward pressure on Bitcoin price. These liquidation levels often act as magnets for price movement as institutional traders monitor these critical pressure points.

Current Market Conditions and Liquidation Data

Twenty-four hour cryptocurrency liquidations reached $333 million across all digital assets, indicating elevated market volatility. This liquidation activity reflects the ongoing uncertainty as Bitcoin navigates between major support and resistance levels.

Market participants continue monitoring exchange liquidity levels, with many expecting a potential short squeeze following the recent drop below $114,500. Such movements often create rapid price reversals when leveraged positions are forced to close.

Market Structure Remains Bullish Despite Correction

Despite the current correction, underlying market structure indicators suggest the bull market remains intact. Bitcoin's ability to maintain trading above psychological support levels demonstrates continued institutional and retail confidence in the cryptocurrency's long-term prospects.

The current price action represents a normal correction within the broader bull market cycle, according to technical analysts monitoring Bitcoin's historical patterns. Previous bull markets have shown similar correction phases before continuing to new all-time highs.

Risk Considerations for Bitcoin Investors

Cryptocurrency investments carry inherent risks due to market volatility and regulatory uncertainty. Investors should conduct thorough research and consider their risk tolerance before making investment decisions in Bitcoin or other digital assets.

Market predictions and price targets represent analyst opinions and should not be considered guaranteed outcomes. Bitcoin price movements can be influenced by numerous factors including regulatory changes, institutional adoption, and broader economic conditions.

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