Top Bitcoin (BTC) Price Predictions After the Crash: New ATH in Sight?

“I think selling right now is the stupidest thing you could ever do,” argued one popular analyst.

The legacy of “Uptober” was tested late last week when US President Donald Trump threatened to impose 100% tariffs on crucial Chinese technology products. The crypto market fell immediately after the announcement, with Bitcoin (BTC) briefly crashing to $101,000 on some exchanges.

However, in the following days, the bulls have recovered much of the losses, and now the big question is whether the asset is ready to soar to a new all-time high during this cycle.

More room for growth?

At the time of writing, BTC is trading well above $115,000, marking a 3.5% increase on a daily scale and a substantial rebound from the local low. Many analysts believe the worst is over, while some, like Alex Becker, think this could have been the actual “beginning of the bull market.”

He argued that the market has been quite ‘boring’ lately and that the crash has provided a ‘spicy sauce’ that could provide the necessary dynamism in the sector. Becker claimed the collapse was nothing more than an “overreaction” to Trump’s announcement, describing it as “the most manipulative dump in the history of crypto.” According to him, BTC could reach a new historic peak as early as this week, suggesting that “selling now could be the dumbest thing you could ever do.”

Experienced trader Peter Brandt also participated. He accepted that BTC, as well as some leading altcoins such as ETH, XRP and XLM, remain well-positioned to attack new top coins.

For his part, X user Ted told His 213,000 followers said the primary cryptocurrency could hit a new ATH if it regains the crucial resistance level around $117,500.

Investigate some indicators

Several key metrics, such as BTC’s exchange rate reserve, support the bullish theory. CryptoQuant data shows that the amount of BTC stored on crypto platforms recently fell to a seven-year low of approximately 2.43 million assets.

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Next on the list is the popular Fear & Greed Index, which measures overall market sentiment among investors. On October 12 it fell to 24, the lowest since April this year, while it currently stands at 38, which is again ‘fear territory’.

This development indicates that many market participants are showing signs of panic and pessimism. However, the crypto market is unusual and often moves against the public’s expectations. This is why Warren Buffett’s timeless principle – be greedy when others are fearful and fearful when others are greedy – has become increasingly relevant in the volatile industry.