{"id":113918,"date":"2025-11-18T13:00:56","date_gmt":"2025-11-18T13:00:56","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=113918"},"modified":"2025-11-18T13:00:56","modified_gmt":"2025-11-18T13:00:56","slug":"heres-why-the-bitcoin-price-could-pump-to-110000-this-week","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=113918","title":{"rendered":"Here\u2019s Why The Bitcoin Price Could Pump To $110,000 This Week"},"content":{"rendered":"

The Bitcoin price has spent the past few days struggling to recover from its sharp breakdown below $100,000, a move that rattled traders and briefly pushed the crypto market into one of its weakest phases<\/a> in many months. Bitcoin\u2019s price action has hovered in the mid-$90,000 range since the drop, but the past 24 hours have been highlighted by a break below $90,000<\/a>.\u00a0<\/p>\n

In the middle of this bearish volatility, a new technical outlook from Tony \u201cThe Bull\u201d Severino suggests that Bitcoin\u2019s next move may be more bullish than the recent weakness implies.<\/p>\n

A Death Cross Forms During The Bitcoin Price Downtrend<\/h2>\n

Tony\u2019s analysis highlights the developing death cross on the daily timeframe, where the 50-day moving average is now bending down toward the 200-day moving average. The pattern is generally viewed as bearish, but the placement of the moving averages and the slope of the short-term line show something different unfolding on Bitcoin\u2019s chart.\u00a0<\/p>\n

The green 50-day average has been gradually drifting lower after weeks of fading momentum<\/a>, and the red 200-day average has begun flattening out from the long-term uptrend.\u00a0As shown on the chart below, this death cross has formed around $110,000, and according to the analyst, Bitcoin might pump into this price level next week.\u00a0<\/p>\n

The reason a pump remains possible at this stage is tied directly to how moving averages behave. After the breakdown beneath $100,000, Bitcoin found support just below $92,000 and has since been forming a series of smaller-bodied candles that reflect the early stages of a potential reversal.\u00a0<\/a><\/p>\n

If buyers take control, a fast move toward the region between $103,000 and $110,000 becomes realistic. However, price action in the past 24 hours, which has seen Bitcoin break below $90,000, threatens this bullish outlook.<\/p>\n\n

Bitcoin Price Chart. Source: @TonyTheBullCMT On X<\/a><\/p>\n

The Path To $110,000 This Week<\/h2>\n

For Bitcoin to reach $110,000 in the coming days, the market would need to replay a pattern seen several times in past cycles<\/a>: a strong relief rally just before or immediately after a death cross forms.\u00a0<\/p>\n

These rallies happen because sentiment becomes overly pessimistic at the exact moment when shorts begin to pile in, leaving the price vulnerable to a sharp upside reaction. However, for that scenario to unfold now, Bitcoin would first need to push convincingly back above $90,000 and show that <\/a>momentum is shifting away from the recent sell-off.<\/p>\n

Interestingly, other analysts have pointed to bullish primers for Bitcoin, despite the bearish price action. One such case is the Bitcoin SSR RSI, <\/a>which was highlighted by a CryptoQuant community analyst called Maartunn, that shows rising stablecoin buying power relative to Bitcoin\u2019s market cap.<\/p>\n

On the other hand, a bearish indicator has risen up with the SuperTrend indicator, which proposes a further 67% drop<\/a> in the price of Bitcoin. At the time of writing, Bitcoin is trading at $89,760, down by 5.8% in the past 24 hours.<\/p>","protected":false},"excerpt":{"rendered":"

The Bitcoin price has spent the past few days struggling to recover from its sharp breakdown below $100,000, a move that rattled traders and briefly pushed the crypto market into one of its weakest phases in many months. Bitcoin\u2019s price action has hovered in the mid-$90,000 range since the drop, but the past 24 hours […]<\/p>\n","protected":false},"author":0,"featured_media":113919,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-113918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/113918"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=113918"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/113918\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/113919"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=113918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=113918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=113918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}