{"id":51270,"date":"2025-10-06T11:46:43","date_gmt":"2025-10-06T11:46:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=51270"},"modified":"2025-10-06T11:46:43","modified_gmt":"2025-10-06T11:46:43","slug":"bitcoins-125k-resistance-analyst-warns-failure-could-bring-bear-market","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=51270","title":{"rendered":"Bitcoin\u2019s $125K Resistance: Analyst Warns Failure Could Bring Bear Market"},"content":{"rendered":"<div>\n<p>Ledn CIO John Glover, who <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/08\/04\/bitcoin-still-on-track-for-usd140k-this-year-but-2026-will-be-painful-elliott-wave-expert\">correctly predicted<\/a> recent bitcoin [BTC] price gains, has issued a stark warning that a failure to break above the $125,000 resistance could prove costly, potentially signaling the start of a bear market.<\/p>\n<p>BTC, the leading cryptocurrency by market value, tapped record highs above $125,000 over the weekend. The rally followed renewed demand for U.S.-listed spot ETFs amid the ongoing U.S. government shutdown and was likely boosted by pro-stimulus comments from Japan\u2019s newly elected prime minister.<\/p>\n<p>However, momentum has stalled over the past 24 hours, with prices retreating to $124,000.<\/p>\n<p>According to Glover, BTC&#8217;s fate is now anchored to one crucial decision point: $125,000. A decisive push above this level could bring further gains, while a rejection could lead to a more challenging bear market.<\/p>\n<p>&#8220;If we do so [move above $125K], then $145k is expected sometime around the end of the year\/early next year. If we reject a couple of attempts at $125k, then there is merit to the argument that we will begin a bear market for BTC,&#8221; Glover said in an email, detailing his Elliott wave analysis.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/d0118b443910f792efcd369715cd59f6c10b2ad5-1401x1014.png?auto=format\" alt=\"BTC's price in candlesticks format. (John Glover\/TradingView)\" title=\"BTC's price. (John Glover\/TradingView)\"><\/p>\n<p>Glover belongs to the bullish camp, expecting a decisive move above $125,000 followed by a year-end rally to around $145,000. However, he anticipates that a bear market will follow a move to $145,000.<\/p>\n<h2>Bullish case looks strong<\/h2>\n<p>Since July, bitcoin has surpassed $120,000 three times, including the recent move over the weekend.<\/p>\n<p>While the previous two surges were quickly reversed in a sharp, inverted V-shaped pattern, the latest rally appears more convincing. Prices continue to hold above $120,000, suggesting that non-institutional demand remains strong, as noted by Singapore-based QCP Capital in their daily market update.<\/p>\n<p>This points to a higher probability of sustained upward momentum, pushing prices well beyond the $125,000 level.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ledn CIO John Glover, who correctly predicted recent bitcoin [BTC] price gains, has issued a stark warning that a failure to break above the $125,000 resistance could prove costly, potentially signaling the start of a bear market. BTC, the leading cryptocurrency by market value, tapped record highs above $125,000 over the weekend. The rally followed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-51270","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/51270","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51270"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/51270\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}