Bitcoin’s price remains stable around $106,000, signaling that selling pressure is starting to ease after one of the most volatile weeks of Q4. Data from CoinMarketCap shows the Crypto Fear & Greed Index holding steady at 27, placing sentiment deep in “fear” territory — historically a level associated with long-term accumulation zones.

According to CoinDesk, short-term holders have started exiting positions while long-term whales continue to add to their stacks. Analysts argue this “risk-off washout” could set up Bitcoin for a sharp rebound toward the $118K–$120K range once ETF inflows stabilize and macro headwinds ease.

1. Technical Outlook: BTC Defends Key Support

Bitcoin has tested the $105K–$106K range multiple times this week and continues to attract strong bid interest. The 20-day moving average has flattened, and RSI levels have normalized from overbought extremes, indicating a market preparing for consolidation before a potential breakout.

Analysts at Cointelegraph note that a daily close above $108K could confirm the next leg up toward $120K, while a drop below $104K would invalidate the bullish setup.

2. On-Chain Metrics Suggest Bottom Formation

Glassnode’s exchange outflow data reveals a net withdrawal of $750 million in BTC from centralized exchanges since Monday — one of the largest outflow weeks since July. Historically, similar events have preceded 15–25 % rallies, as reduced exchange supply signals accumulation and declining sell pressure.

3. MAGACOIN FINANCE — Presale Buzz Amid Market Fear

As large-cap assets like Bitcoin consolidate, early-stage investors are pivoting to presales with high growth potential such as MAGACOIN FINANCE. Despite the market’s cautious sentiment, MAGACOIN FINANCE has raised over $16.5 million from 15,000+ investors, earning a reputation as one of the best crypto presales heading into 2025.

Its audited smart contract, exchange readiness, and rising investor count make it a standout in a market otherwise gripped by fear. Analysts compare the project’s traction to early-cycle Ethereum-based breakouts, projecting 40×–100× ROI potential post-listing.

To celebrate its milestone, MAGACOIN FINANCE is offering an exclusive 50 % bonus via code PATRIOT50X until presale allocations close.

4. Analysts See 2025 Setup Forming

With ETF flows stabilizing and macro liquidity gradually returning, analysts expect Bitcoin to remain range-bound near $106K–$110K through the next few weeks before potentially testing new highs in early 2025.

Historically, the Fear Index near 25–30 has marked the end of corrections and the beginning of accumulation phases. If this pattern holds, BTC’s current range could become the foundation for the next multi-month bull run.

To learn more about MAGACOIN FINANCE, visit:

Website: https://magacoinfinance.com

Twitter/X: https://x.com/magacoinfinance

Telegram: https://t.me/magacoinfinance

This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.

---

Filed under: News - @ October 20, 2025 6:30 pm