Anyone checking a bitcoin price prediction this week wants one answer: is the long slide finally over? Last week's drop shook plenty of holders. Yet BTC still trades near $83,000, and BloFin
Anyone checking a bitcoin price prediction this week wants one answer: is the long slide finally over? Last week's drop shook plenty of holders. Yet BTC still trades near $83,000, and BloFin Research now says a new bull market has begun, per BeInCrypto.
The fall from the $124,824 peak was about 53%, far smaller than the 77% to 85% drops of past cycles. In 2015, 2019 and 2023, a climb back above the 50 week average came right before the next big run.
The headlines belong to bitcoin. But some of the sharpest money is already one step ahead, in Pepeto. The presale has pulled in more than $11.2 million before trading on a single exchange. Buying like that, this early, is worth a closer look.
BloFin says the bear market likely ended after about eight months, in research shared on October 11. The case rests on three numbers, and all three point the same way.
First, bitcoin is back above its 50 week average, which sat near $78,800 on October 12, TokenPost reports. Second, the MVRV reading, which compares the price with what holders paid, sits at 1.54, above its yearly average of 1.44. Third, ETFs and public companies now hold about 13% of all BTC.
Fewer sellers. Steady buyers. That is how every bull run starts. The only question left is where a smaller buyer gets the biggest share of it.
A new bull market just got its first green light. Most buyers will spend it chasing coins that already ran, because those are the names on every screen. The ones picking Pepeto are hunting for the coin that has not run yet.
That is the whole difference. Most people who missed past runs were not wrong about crypto. They were late. And trading fees ate a slice of every move they did make, so even their wins felt small.
PepetoSwap was built to end that problem. It is a live exchange with a 0% swap fee, so you pay only network gas. A $1,000 trade costs $3 on Uniswap and $2.50 on PancakeSwap. On PepetoSwap, it costs $0.
Run 200 trades of $5,000 and you keep $3,000 that Uniswap would have taken. Market, limit and DCA orders are all there. Bot protection is on by default, so no one can jump ahead of your trade, and your coins stay in your hands the whole time.
While bitcoin tests $84,000, PepetoSwap is already running. It has proven it can carry $50 million in daily volume, and that number keeps climbing. Every trader who joins adds one more reason to hold the token.
Now picture what that means for your money. A $6,000 buy at today's price of $0.0000001893 gets about 31.7 billion tokens, paid in ETH, USDT, BNB or by card. If Pepeto reaches the 100x that analysts project after listing, that $6,000 becomes $600,000.
That is a life changing result from one decision. A coin worth $1.6 trillion cannot hand anyone that kind of jump anymore. Pepeto, still in presale, still can.
Bitcoin traded at $83,388 on the morning of October 12, up 1.18% in a day and 7.91% in a month, per Fortune. Today, the key floor is the $83,200 to $83,400 zone. If it holds, a fresh try at $84,000 is likely, KuCoin's daily report says.
This week, the line to beat is $85,000. A daily close above it opens the $87,000 high that BTC has failed to break several times, Pluang notes.
This month, the bull case stands as long as BTC stays above the 50 week average near $78,800. BloFin's bottom call only breaks below $58,525. Still, a clean push to $87,000 is a gain of about 4%. That is a slow climb, not a life changer.
This bitcoin price prediction turned bullish the moment BloFin called a new bull market. And when a bull run starts, the first money does not sit at $83,000 waiting for a 4% climb. It moves early, and right now it is moving into Pepeto, where more than $11.2 million is already in and a Binance listing is approaching.
That is why $10,000 at today's presale price still carries seven figure promise if the 100x analysts project arrives. The buyers who get in before the presale closes are the ones this bull run pays first.
Join the Pepeto presale at today's stage price
The latest bitcoin price prediction points higher, since BloFin calls a new bull market and BTC holds above $78,800. A daily close over $85,000 opens the $87,000 high.
Pepeto is where this bull run's biggest rewards sit. Bitcoin's next target is only 4% away, while presale buyers lock in their price before the crowd arrives.
