Analysts Warn Bitcoin Requires New Catalyst to Prevent a 'Deeper Correction'

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Oct 16 2025

ZEX+21.21%

BTC+4.706%

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Market Outlook: Bitcoin is currently trading around $110,840, approximately 5% below the critical $117,000 level, and may face deeper contraction without a new catalyst to drive prices higher, according to Glassnode.
Potential Catalysts: Analysts suggest that upcoming rate cuts from the US Federal Reserve and strong ETF inflows could provide bullish momentum for Bitcoin, with some predicting a price increase towards $150,000 by year-end.
Volatility Expectations: Hyblock Capital's CEO anticipates a volatile month for Bitcoin, with potential price ranges between $116,000 and $120,000, while also noting that consolidation is likely following recent market crashes.
Long-term Predictions: Other analysts, including BitMEX co-founder Arthur Hayes, forecast Bitcoin could reach $250,000 by the end of 2025, driven by macroeconomic factors and institutional investment trends.

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Technical Analysis for ZEX

Technical Sentiment Analysis for Zeta (ZEX). As of , Zeta (ZEX) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 2 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ZEX stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, ZEX is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Zeta (ZEX) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	-0.0188	0.00325	0.0211	0.0431	0.061	0.083	0.101
Fibonacci	0.00325	0.0185	0.0279	0.0431	0.0584	0.0678	0.083

About ZEX

Zeta Markets is building the fastest, simplest and most secure perps DEX on the market. By leveraging the cutting-edge scalability of Solana, Zeta offers comparable features and performance to a CEX, whilst retaining the self-custodial nature and transparency of a DEX. ZEX is the governance token of the Zeta platform and offers governance rights as well as a share in ongoing trading and staking incentives to align the long term interests of the protocol with the community.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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