{"id":53886,"date":"2025-10-21T00:01:40","date_gmt":"2025-10-21T00:01:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=53886"},"modified":"2025-10-21T00:01:40","modified_gmt":"2025-10-21T00:01:40","slug":"bitcoin-bounces-back-over-110k-after-massive-etf-outflows-is-the-next-bull-run-starting","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=53886","title":{"rendered":"Bitcoin Bounces Back Over $110K After Massive ETF Outflows, Is the Next Bull Run Starting?"},"content":{"rendered":"<div>\n<p>Bitcoin (BTC) jumped back above $110,000 on Monday, erasing part of last week\u2019s slide even as U.S. spot bitcoin ETFs posted their second-largest weekly net outflows on record ($1.2 billion).<\/p>\n<p>The swift rebound, from lows near $103,700, has traders asking whether the market just completed a \u201ccontrolled deleveraging\u201d and is now basing for the next advance. Ether reclaimed $4,000 alongside broader crypto green shoots, aided by cooling trade-war headlines and growing odds of additional Fed rate cuts.<\/p>\n<p>Short term, BTC is attempting to hold the $107,000\u2013$110,000 support band. A clean break and hold above $112,000\u2013$115,500 would strengthen the bullish case and set sights on $120,000\u2013$123,000.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-610168 size-large\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/10\/BTCUSD_2025-10-20_15-09-58.png?w=980&amp;resize=980%2C650\" alt=\"CRYPTO BITCOIN BTCUSD\" width=\"980\" height=\"650\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/10\/BTCUSD_2025-10-20_15-09-58.png?w=2058 2058w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/10\/BTCUSD_2025-10-20_15-09-58.png?w=633 633w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/10\/BTCUSD_2025-10-20_15-09-58.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/10\/BTCUSD_2025-10-20_15-09-58.png?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/10\/BTCUSD_2025-10-20_15-09-58.png?w=1536 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/10\/BTCUSD_2025-10-20_15-09-58.png?w=2048 2048w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/10\/BTCUSD_2025-10-20_15-09-58.png?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/10\/BTCUSD_2025-10-20_15-09-58.png?w=1140 1140w\" sizes=\"(max-width: 980px) 100vw, 980px\"><\/p>\n<h2><strong>Institutions Still Bullish; Rare BTC\u2013Gold Signals Flash \u201cBottom\u201d<\/strong><\/h2>\n<p style=\"font-weight: 400;\">Despite the outflows, institutional conviction looks resilient. A new <a href=\"https:\/\/coinbase.bynder.com\/m\/77aadacc5d08c6e5\/original\/Charting-Crypto-Q4-Navigating-Uncertainty.pdf\" target=\"_blank\" rel=\"noopener nofollow\">Coinbase survey<\/a> found 67% of institutions are bullish on Bitcoin over the next three to six months, citing improving liquidity, robust ETF infrastructure, and stablecoin usage near record highs.<\/p>\n<p style=\"font-weight: 400;\">Macro tailwinds are supportive, with markets now pricing in further Fed easing, a trend that has historically redirected capital from cash and money-market funds toward risk assets.<\/p>\n<p style=\"font-weight: 400;\">On-chain and cross-asset signals add weight. CryptoQuant\u2019s Joao Wedson flagged rare bottom readings in the BTC-to-gold ratio oscillator, levels that previously preceded strong recoveries.<\/p>\n<p style=\"font-weight: 400;\">Separately, JP Morgan\u2019s framework values BTC materially higher versus gold, mapping to a potential $165,000 by 2025 if the relationship normalizes.<\/p>\n<p style=\"font-weight: 400;\">Short-term holder MVRV Bollinger signals are also in \u201coversold\u201d territory, seen earlier at $49,000 and $74,000 before subsequent rallies, supporting the notion that recent weakness was an accumulation phase, not a top.<\/p>\n<p><strong>Bitcoin (BTC) Levels, Risks, and the Road to a New Leg Higher<\/strong><\/p>\n<p style=\"font-weight: 400;\">Technically, <a href=\"https:\/\/coinmarketcap.com\/currencies\/bitcoin\/\" target=\"_blank\" rel=\"noopener nofollow\">Bitcoin<\/a> bulls want to defend $107,000\u2013$110,000 and flip $112,000\u2013$115,500 into support. Above there, momentum traders eye $120,000\u2013$123,000 and the prior ATH zone near $126K.<\/p>\n<p style=\"font-weight: 400;\">Funding and open interest have cooled, reducing the risk of another forced-liquidation cascade. Regardless, skeptics point to rising-wedge overhangs and headline risk (trade tensions, data shocks), while gold\u2019s record run fuels the \u201cdigital-gold vs. gold\u201d debate.<\/p>\n<p style=\"font-weight: 400;\">The bounce above $110,000, despite heavy ETF redemptions, suggests strong dip-buying and improving liquidity. If macro conditions cooperate and BTC can reclaim the mid-$110,000s with volume, the market may be transitioning from \u201creset\u201d to re-accumulation, laying groundwork for a fresh bull leg into late 2025.<\/p>\n<p style=\"font-weight: 400;\">Cover image from ChatGPT, BTCUSD chart from Tradingview<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) jumped back above $110,000 on Monday, erasing part of last week\u2019s slide even as U.S. spot bitcoin ETFs posted their second-largest weekly net outflows on record ($1.2 billion). The swift rebound, from lows near $103,700, has traders asking whether the market just completed a \u201ccontrolled deleveraging\u201d and is now basing for the next [&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-53886","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\/53886","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=53886"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/53886\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}