Bitcoin fell sharply on October 30, slipping from around $116,000 to the $108,000-$110,000 range as traders reacted to recent global developments. However, buyers intervened a day later and pushed BTC price back above $109,000, with bulls now targeting $110,000. The decline followed the announcement of a brand new trade deal between the US and China that eased tariffs and suggested an easing in relations between the 2 largest economies.
While the deal eased geopolitical tensions, it also sparked a flight from risk assets as investors returned to stocks and commodities. Meanwhile, cautious signals from the Federal Reserve added to the pressure. Officials suggested the pace of future rate of interest cuts could slow, dampening hopes for prolonged liquidity support that had fueled Bitcoin's earlier rally.
Nevertheless, the present decline follows a well-recognized pattern seen from previous FOMC (Federal Open Market Committee) periods. Bitcoin has often fallen following major political events, only to rebound sharply once leveraged positions were reset. If the historical rhythm continues, buyers could possibly be waiting for the subsequent recovery impulse – a bullish fractal that repeats several times this yr.
The recurring FOMC pattern is consistent with the present liquidity configuration
The market's latest move appeared to increase a well-recognized structure that several analysts had followed during this yr's Federal Open Market Committee cycles. Each Fed policy update triggered a short-lived correction in Bitcoin. A robust bounce followed once leverage was reset. Analysts comparable to Alex Wacy and Ted Pillows emphasized that the identical rhythm appeared to repeat itself after the October 29 political decision. Bitcoin's recent decline was almost an identical in magnitude to those seen in June, July and September.
Alex Wacy found that after each FOMC event, Bitcoin fell between five and 7 percent before returning to recent highs in the next weeks.
Wacy's Bitcoin FOMC fractal post. Source: X
Wacy's chart suggested that traders typically reduced risk as a result of political uncertainty and re-entered once clarity returned. This turned post-FOMC volatility into an accumulation opportunity. The analyst viewed the present decline as a part of this recurring fractal – a controlled correction that has historically preceded breakouts to recent all-time highs.
Ted Pillows supported the temporal pattern with structural evidence.
Ted's post on BTC price prediction. Source: X
Ted’s evaluation showed that Bitcoin again experienced a pointy decline after the last session, reflecting the identical corrective symmetry. He noted that each decline was followed by a recovery that exceeded the previous high, suggesting that institutional inflows often resumed once the macroeconomic dust settled.
Kamran Asghar added a liquidity-based layer to this setup.
Heatmap of BTC liquidation. Source: X
The analyst’s liquidation heatmap showed a dense cluster between $105,000 and $106,000. The area acted as a price magnet and typically focused on long liquidations. Asghar viewed this as the ultimate phase of leverage cleanup before renewed accumulation.
Additionally, Wimar X observed large outflows from Binance wallets in the course of the decline. This implied mechanical selling pressure as exchanges closed out leveraged positions.
Analysts highlight conflicting structures but agree on key BTC turning zones
Bitcoin's current constellation divided analysts between structural caution and optimism about a major recovery. The divergence reflected the market balancing short-term weakness with the potential for a renewed uptrend once liquidity pressures eased.
Crypto Patel noted that Bitcoin accomplished a retest of the downside within the $116,000-$117,000 range, making it a key resistance area. Below this level, the analyst maintained a bearish bias. He described the market as vulnerable to deeper retracement targets near $105,000, $93,000 and $76,000.
Patel's contribution to Bitcoin price evaluation. Source: X
Patel's chart framed the structure as a transparent rejection of the previous ascending trend line, a typical setup before a mid-cycle reset. However, he emphasized that a confirmed every day close above $117,000 could negate the bearish formation and reignite the uptrend towards $150,000.
Is a Bitcoin reversal imminent?
In contrast, NekoZ identified Bitcoin moving inside a large parallel channel that prolonged from August. The analyst noted that the BTC-USD pair recently rebounded from the lower boundary near $108,000, a level that has repeatedly caused reversals in recent months.
NekoZ's contribution to BTC price prediction. Source: X
NekoZ's chart suggested that the market could swing higher, with $132,000 being the primary major resistance as momentum gains. The structure implied an accumulation phase at the underside of the range. This was supported by the formation of upper lows on the intraday timeframe.
Ted Pillows added a liquidity-based view, noting that Bitcoin price regained support at $107,000 after a transient breakdown.
Ted's post on Bitcoin price evaluation. Source: X
Additionally, Pillows marked $112,000 as a critical short-term recovery that might confirm a broader reversal structure. If that level fails, he warned, Bitcoin risks one other drop below $105,000 before it stabilizes.
Above all, the overlapping analyzes reinforced an easy message: the correction phase was technical, not emotional, and the direction of the subsequent breakout would depend upon how Bitcoin behaves relative to its immediate liquidity pivots.
