Bitcoin’s Potential ‘judgment Day’ in October Looms: Expert Warns Price Could Plummet to $50K
In a concerning outlook for crypto enthusiasts,analyst Joao Wedson predicts Bitcoin could face a critical moment in October 2025. According to Wedson, Bitcoin might be nearing the zenith of its four-year price cycle, potentially capping at $140,000.However, this high point could precede a dramatic plunge to $50,000 by the following year.
A fractal analysis, comparing historical price patterns, hints at Bitcoin peaking around October. If accurate, the cryptocurrency could first reach $100,000 before soaring beyond $140,000 shortly after. This brief peak could be followed by a sharp decline. But Wedson notes the reliability of such patterns amid increasing institutional involvement and ETF offerings.
- Fractal analysis suggests Bitcoin’s price peak around $140,000.
- Potential drop to $50,000 in 2026 due to bear market pressures.
- Growing institutional interest adds uncertainty to price projections.
Meanwhile, broader economic factors could sway Bitcoin’s trajectory. Wall Street frets over tariffs impacting stocks, with concerns rippling into crypto markets. Former allies to President Trump, like Elon Musk, echoed warnings of recessionary pressures this year. Such macroeconomic turbulence could trigger institutions to withdraw from riskier assets like Bitcoin, instigating a liquidity crisis.
Whether Bitcoin adheres to historical patterns remains questionable,but the impending economic climate paints a cautious picture for its future.
