Analyst: If Bitcoin can break through the quarterly breakeven price of $114,000, the trend for this quarter will turn upward.

GateNews
BTC1,62%

Golden Finance reports that despite increased market volatility and an overall downward trend, experts remain optimistic, expecting Bitcoin to achieve a positive close in Q4. Bitcoin needs to rebound at least 10% to reach a quarterly breakeven price of $114,000. If this level is broken through, the trend for the quarter will turn upward.
“The impact of the US-China trade war on risk assets like cryptocurrencies may exceed expectations,” said Daniel Liu, CEO of Republic Technologies. He added that a potential government shutdown in the United States also worsens market hesitation.
Adam Chu, Chief Researcher at GreeksLive, stated that this cautious attitude is reflected both in market behavior and in decreased liquidity. He cited cryptocurrency options data indicating that neither bulls nor bears currently hold an advantage. “Instead, they expect the market to remain range-bound,” Chu said.
The analyst also emphasized systemic risks, warning that “potential institutional defaults could occur at any time,” and that “recent defaults in the decentralized finance (DeFi) and stablecoin sectors may be signals of an impending crisis.”

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BitFuFu discloses selling 80 BTC in March, reducing its holdings to 1,794 BTC

Gate News update, April 10: Nasdaq-listed Bitcoin miner BitFuFu disclosed its March operating data. The data shows that BitFuFu sold 80 bitcoins in March, while its mining output during the same period was 214 BTC, including 171 BTC from its cloud mining business and 43 BTC from its self-operated mining business. As of the end of March, BitFuFu’s bitcoin holdings totaled 1,794 coins.

GateNews44m ago

TD Cowen cuts Strategy’s target price to $350 and assigns buy ratings to four digital asset treasury companies, including Sharplink

TD Cowen cut Strategy (MSTR)’s target price by 20.5% to $350, maintained a Buy rating, citing a lowered expectation for the price of bitcoin. For fiscal year 2026, its forecast for bitcoin revenue was reduced to $7.87 billion, and it still believes MSTR will convert demand for market volatility through leverage.

GateNews1h ago

StarkWare researchers propose a quantum-safe Bitcoin scheme that enables post-quantum transactions without requiring a soft fork

The Quantum-Safe Bitcoin (QSB) proposal put forward by StarkWare researcher Avihu Levy uses existing Bitcoin scripts to provide post-quantum security, avoiding a soft fork. QSB uses a Binohash-based construction and a “hash-to-signature” puzzle to defend against quantum computers’ attacks on elliptic curve cryptography. The scheme relies on RIPEMD-160’s preimage resistance, effectively strengthening the security of Bitcoin transactions.

GateNews1h ago

Bhutan Government Transfers 250 BTC Worth $18.05M to New Wallet

Gate News message, the Central Government of Bhutan transferred 250 BTC valued at $18.05 million to a newly created wallet address.

GateNews1h ago

BTC breaks through $72,000, up 1.17% over the past 24 hours

Gate News message, on April 10, market data showed that Bitcoin broke through $72,000, with a 24-hour increase of 1.17%.

GateNews2h ago

Bitcoin 1 Week RSI Breaks Downtrend for First Time Since October Crash, Recovery Rally Ahead?

Bitcoin 1 week RSI breaks downtrend for the first time since October crash. Is a recovery rally expected for crypto prices.  Several possible targets set for bullish and bearish BTC outcomes. Bitcoin and crypto enthusiasts grow hopeful for a promising crypto market price surge as new

CryptoNewsLand2h ago
Comment
0/400
PTDpro28vip
· 2025-11-08 03:24
😬 CZ "You can buy before or after they buy more" after the information that JP MORGAN DISCLOSED THEY BOUGHT 340 MILLION DOLLARS WORTH OF BITCOIN. But where the money to buy comes from, CZ did not say =))) $BTC ‌$ETH ‌$NEAR ‌
View OriginalReply0