Ciaran Lyons

KindlyMD CEO David Bailey said market participants are becoming “more sophisticated” in identifying the strong and weak Bitcoin treasury companies.

BitMine chair Tom Lee said Ethereum could flip Bitcoin, similar to how “Wall Street and equities flipped gold” after 1971, during an interview with ARK Invest CEO Cathie Wood.

BitMine chair Tom Lee and BitMEX co-founder Arthur Hayes expect Ether to break into five digits by year’s end, with Lee suggesting it could climb as high as $12,000.

Crypto analysts told Cointelegraph that, despite the recent downturn, they expect the crypto market’s uptrend to continue in the coming weeks, though it may depend on upcoming macroeconomic data.

Sentiment platform Santiment said in a report on Saturday that looking for one “singular event” for a crypto market downturn is “typical rationalization” from crypto retail traders.

Economist Timothy Peterson said in an X post on Friday that Bitcoin has fallen more than 5% in October only four times, and in three of those instances, it rebounded over the following seven days.

Crypto trader Alex Becker said in a video published to YouTube on Saturday that the crypto market “wipeout just reset everything” and he is confident it is the start of the bull run.

The Crypto Fear & Greed Index slipped to a “Fear” level of 27 on Friday, down from “Greed” territory, as Donald Trump’s new tariffs sparked fear across markets.

Swan Bitcoin CEO Cory Klippsten told Cointelegraph on Friday that Bitcoin's recent price plunge was a case of "classic macro whiplash."

Veteran trader Peter Brandt told Cointelegraph on Wednesday that it is reasonable to expect Bitcoin to peak in the coming days, but there is also a chance that it will deviate.