ChatGPT’s BTC analysis has revealed Bitcoin declining -2.78% to $105,191, testing the important thing 200-day EMA at $104,901 as President Trump cancels 100% China tariffs, stating “we’ll be effective with China.”
As compared, $1.2B liquidations set off market deleveraging, with Polymarket exhibiting 52% odds of a sub-$100K transfer this month.
ChatGPT’s BTC evaluation synthesizes 28+ technical indicators on the make-or-break assist stage.
Technical Evaluation: Key 200-Day EMA Take a look at
Bitcoin at $105,191 displays a -2.78% decline from $108,194, down ~14% from October’s ATH at $126,198. Checks essential 200-day EMA at $104,901, simply -0.3% beneath present stage, representing 50% Fibonacci retracement. Quantity sits at 29.24K BTC in the course of the correction.
RSI at 52.18 impartial. Transferring averages bearish short-term: 20-day at $114,259 (+8.6%), 50-day at $114,672 (+9.0%), 100-day at $113,190 (+7.6%). All EMAs are overhead, whereas the 200-day offers a key assist check.

Moreover, the MACD stays bearish at -1,579.16, however is converging with the sign line at -1,580.73, and the histogram at -1.57, suggesting a momentum shift. Extraordinarily excessive ATR at 102,898.05 confirms huge volatility potential.
Tariff Cancellation Meets $19B Leverage Purge
Trump canceled 100% China tariffs, stating “no” when requested if tariffs stand and “we’ll be effective with China.”
White Home Advisor Hassett additionally clarified, “We’re not in a commerce battle with China,” whereas suggesting “three Fed charge cuts could be an excellent begin.” Market shed $1.2B liquidations with buyers fleeing to secure havens.
JUST IN:
President Trump says "no" when requested if China tariffs will stand. pic.twitter.com/lx2cGF73XG
— Watcher.Guru (@WatcherGuru) October 17, 2025
Talking with Cryptonews, Farzam Ehsani, CEO of VALR, notes Bitcoin “stabilizing above $110,000 after historic $19 billion leverage purge reset merchants’ positioning.“
He emphasizes “structural demand for BTC remained resilient” with “spot BTC ETFs recording greater than $4.5 billion inflows in October” and stablecoin liquidity crossing “$300 billion, revealing capital flight remained minimal.“
Ehsani highlights “gold and Bitcoin more and more seen as alternate options to the US greenback’s reserve dominance” as “renewed demand for arduous property displays investor unease with fiscal deficits, swelling sovereign money owed, persistent inflation.“
Amid these surprising market dips, Arthur Hayes observes, “$BTC on sale. If US regional banking wobble grows to a disaster, be prepared for a 2023-like bailout.”
$BTC on sale. If this US regional banking wobble grows to a disaster be prepared for a 2023-like bailout. After which buy groceries assuming you could have spare capital. I acquired my listing, what’s on yours fam? pic.twitter.com/TbuQQI3njN
— Arthur Hayes (@CryptoHayes) October 17, 2025
Grant Cardone is already shopping for extra BTC in the course of the crash.
Liquidation Checks Construction
Bitcoin maintains $2.13T market cap (-4.1%). Quantity surged +26.51% to $105.58B, producing a 4.99% volume-to-market cap ratio. Market dominance rises to 58.42% (+0.77%) as altcoins underperform.
Historic 2025: $104,031 (January), $81,976 (February correction), $126,198 (October peak) earlier than the present 14% retracement.
Because it stands now, Polymarket odds present a 52% likelihood of a sub-$100K transfer this month.
JUST IN: Odds of Bitcoin falling beneath $100,000 this month rise to 52%, based on Polymarket. pic.twitter.com/U0qXezjqkr
— Watcher.Guru (@WatcherGuru) October 17, 2025
Social Sentiment: Concern Dominance Amid Assist Take a look at
LunarCrush reveals AltRank at 134 (+85) and Galaxy Rating at 41. Engagements surge to 223.28M (+27.83M), mentions at 382.13K (+2.25K). Social dominance jumps to 36.2% (+6.4%), sentiment declines to 75% (-2%).
Most analysts emphasize that the “crucial stage for BTC is $100K” because the”last worth assist throughout bull cycle.”
The crucial stage for $BTC is $100K!
The $100K stage within the #Bitcoin is the lower cost restrict set by merchants and has served as the ultimate worth assist throughout this bull cycle
Breaking beneath $100,000 might set off a major sell-off…pic.twitter.com/aS6SYz4Ofd
— PRIME 𝕏 (@primenews_en) October 17, 2025
Others additionally observe that “breaking beneath $100,000 might set off a major sell-off,” whereas some observe that”Bitcoin down 18% from ATH – not a giant decline for Bitcoin.”
Ehsani concludes, “Bitcoin testing boundaries between being danger asset and hedge towards systemic uncertainty. If liquidity tailwinds materialize and institutional accumulation persists, market setup for Bitcoin strengthening towards $132,000 by year-end stays believable.“
ChatGPT’s BTC Evaluation: 200-EMA Protection Determines Destiny
ChatGPT’s BTC evaluation reveals that Bitcoin is at a key juncture, testing 200-day EMA at $104,901. Bulls should defend or face correction towards $100K–$102.5K. Instant resistance at $108K–$110K required for reversal.
Break beneath $103,500 triggers deeper correction towards $100K with potential extension to $95K–$97.5K.
Three-Month BTC Forecast
Bullish Restoration (60% if $104,901 Holds)
200-EMA maintain with tariff reduction drives restoration towards $113K–$120K (7–14% upside). Requires $110K reclaim.
Deeper Correction (70% if $103,500 Breaks)
Break triggers promoting towards $100K–$102.5K (2–5% draw back) with potential $95K extension (10% draw back).
Prolonged Consolidation (30%)
Vary $103,500–$108,000 permits institutional accumulation earlier than directional break.
ChatGPT’s BTC Evaluation: Key Assist Protection
Subsequent Goal: $100K-$102.5K if Break, $113K-$120K if Maintain
Maintain above $104,901 maintains uptrend with restoration towards $110K–$113K. Failure signifies correction towards $100K with $95K–$97.5K last protection.
Tariff cancellation and Fed charge cuts present a bullish backdrop, however Ehsani warns “geopolitical setting may have to chill down additional earlier than sustained upside resumes.”
A crucial choice level has arrived, the place bulls should defend $104,901 or face an prolonged consolidation.
The submit ChatGPT’s BTC Evaluation: $105K Checks Key 200-Day EMA as Trump Cancels China Tariffs appeared first on Cryptonews.