Trader Says Crypto Bull Run Has a ‘Very High’ Chance of Beginning
Friday’s crypto market crash saw Bitcoin drop over 10%, wiping out billions in liquidations and raising questions about market direction.
Some traders, including Alex Becker, view the correction as a temporary reset that could trigger a new bull run.
Despite the recent decline, industry analysts remain optimistic about Bitcoin and crypto’s short-term recovery prospects.
Market sentiment has shifted to “Extreme Fear,” reflecting ongoing uncertainties among investors.
Experts caution that the current rally might slow down but see potential for continued gains in the near future.
After a tumultuous Friday, which saw the cryptocurrency market experience its most severe downturn in recent memory, some industry insiders are starting to see the decline as a precursor to a new bullish trend. Bitcoin (BTC), the flagship digital asset, plummeted over 10%, briefly dipping below $102,000 following a geopolitical event involving tariffs announced by the United States against China. The crash resulted in liquidations surpassing $19 billion, dwarfing losses from previous crises like the COVID-19 market crash and the FTX collapse.
The crypto market wipeout “just reset everything”
Crypto trader Alex Becker called the sell-off a “massive overreaction,” asserting that the sharp correction has essentially “reset everything.” According to Becker, the recent sell-off was driven in part by traders’ frustration after Bitcoin’s year-long rally, which left many impatient for quick gains. He argued that market makers had been manipulating price fluctuations, causing exaggerated market reactions.
“I think that’s about to change,” Becker said. “This has driven people to insanity, and you’ve seen market makers just pulling the levers up and down,” he added. Becker believes the overreaction will give way to a bullish trend, citing the market’s current sentiment and recent price resets.
“Everything they do to the market gets overreacted three to four times, because people won’t just f##king wait a couple months to get the gains they need to get,”
He attributes the recent volatility to “all-time impatience” among investors, which has amplified their reaction to short-term dips. Still, he sees the correction as a healthy pause, setting the stage for the next upward phase.
Bitcoin’s price to climb in the short-term, says analyst
Despite the recent crash, Bitcoin managed to reach a high of $125,100 on Monday, although it remains well below the ambitious $250,000 year-end forecasts made by some industry figures earlier this year. Notable analysts like Benjamin Cowen remain bullish on Bitcoin’s near-term prospects, citing a reclaiming of dominance above 60% as a positive signal.
Meanwhile, traditional economist Timothy Peterson suggests that Bitcoin could experience a brief “cooling off period” lasting three to four weeks before resuming its rally, albeit at a potentially slower pace. On Sunday, the Crypto Fear & Greed Index, which gauges market sentiment, shifted into “Extreme Fear,” signaling uncertainty and caution among traders.
The broader industry sentiment remains cautious, with the index posting a score of 24 out of 100. This indicates a high level of fear and uncertainty, highlighting the prevailing volatility and risk aversion in the crypto markets amid turbulent times.
Nevertheless, many industry experts see potential for continued growth in the coming weeks, despite short-term setbacks, as the market begins to stabilize and investors regain confidence.
This article was originally published as Trader Says Crypto Bull Run Has a ‘Very High’ Chance of Beginning on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.
Filed under: News - @ October 12, 2025 6:20 am