Bitcoin · Federal Reserve (FED) · CLARITY Act · The Block
Bitcoin pulls back as analysts forecast $80,000-$90,000 Q4 trading range
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
★ Tier-1 Source
Bitcoin (BTC) was trading back near $82,000 on Thursday, having previously topped $87,000 last Friday, its highest level since Sept. 23.
Key facts
- BlackRock's IBIT led the withdrawals with $207.7 million, followed by Fidelity's FBTC at $105.2 million and Ark Invest/21Shares' ARKB at $101.7 million
- Bitcoin (BTC) was trading back near $82,000 on Thursday, having previously topped $87,000 last Friday, its highest level since Sept. 23
- QCP identified $80,000 to $82,000 as an area to buy bitcoin in its Q4 Digital Assets Market Outlook, while the firm said it would reduce exposure around at $88,000 to $90,000 if exchange-traded fund
- Bitcoin's Oct. 6, 2025 peak above $126,000 was followed almost immediately by the Oct. 10 liquidation crash, from which the crypto market failed to recover
Summary
QCP identified $80,000 to $82,000 as an area to buy bitcoin in its Q4 Digital Assets Market Outlook, while the firm said it would reduce exposure around at $88,000 to $90,000 if exchange-traded fund inflows have not picked up. The firm's bull case puts bitcoin above $100,000, supported by sustained ETF inflows, growth in stablecoin supply, a Federal Reserve pause in response to weaker employment data, a softer dollar, lower real yields, and progress on the Clarity Act. In its bear case, the firm sees bitcoin falling below the $68,000 to $70,000 range if fighting in the Middle East intensifies, pushing oil prices higher and prompting further Fed rate hikes. U.S. spot bitcoin ETFs recorded $487.1 million in net outflows on Wednesday, reversing $118.8 million in inflows the previous day, according to data compiled by The Block.