Main highlights:
Bitcoin holds steady into the weekend, yet market sentiment remains tense regarding future trends.
BTC price predictions are increasingly dipping below $100,000.
RSI indicators continue to suggest a potential rebound — particularly if stock markets rise next week.
On Saturday, Bitcoin (BTC) held at $107,000 as traders prepared for possible new lows.
Bitcoin traders remain skeptical about $100,000 support
Data from Cointelegraph Markets Pro and TradingView indicated a decrease in BTC price volatility leading into the weekend.
This provided bulls some relief following a week where BTC/USD fell another 7%.
Now at its lowest point in months, the pair is projected to decline further short term, affected by lower buyer demand and significant macroeconomic shifts.
“Everything aligns for another downturn,” trader Crypto Tony mentioned in an X post.
“I anticipate Bitcoin dropping to $95,000, possibly reaching the $91,000 range before finding support.”
Crypto Tony characterized even a sub-$100,000 scenario as a “bullish” one.
Another trading account, Daan Crypto Trades, observed that stability is likely to last until the weekly candle closes.
“BTC managed to recover some ground on Friday before the CME close. This suggests we might hover around the ~$107K level throughout the weekend,” it shared with X followers.
The post emphasized $105,000 as a crucial nearby support level, with more substantial rebounds possible if stocks take the lead next week.
In that light, the outlook appeared optimistic — the S&P 500 closed at 6,664 on Friday, recovering nearly half of its previous week’s losses.
Reports indicating that US President Donald Trump did not foresee prolonged higher tariffs on China offered stability to equities, while gold eased from its recent all-time highs.
Will RSI trigger a BTC price rebound?
As Cointelegraph previously noted, another positive sign for Bitcoin emerged from relative strength index (RSI) readings.
Related: $120K or end of bull market? 5 essential points regarding Bitcoin this week
With the daily RSI at its lowest since April, at the time when BTC/USD hit $75,000, the four-hour chart displayed a clear bullish divergence forming.
While prices reached new local lows, RSI demonstrated a higher low, signifying that sell pressure was decreasing below $110,000.
This led to observations about a discrepancy between bullish leading indicators and notably bearish market sentiment.
Interestingly, $BTC confirmed a bullish divergence on the 6H, 8H, and 12H timeframes, despite extremely low RSI readings while sentiment is as low as I’ve ever seen 🤔 pic.twitter.com/imvSXgSgsh
— 🀄Kriesz🀄 (@_Kriesz_) October 17, 2025
The Crypto Fear & Greed Index dropped to 22/100 on Friday, marking its first venture into the “extreme fear” territory since April.
This article does not offer investment advice or recommendations. Each investment and trading decision carries risks, and readers should conduct their own research before proceeding.
