Technical analysis by suleymankumyol about Symbol BTC on 10/11/2025

BTCUSDT and Market Review What happened yesterday made me think that I should write a comment again after a long time. Annoying market movements, lost investments, liq futures transactions and many investors who do not know what will happen in the end... I will start with Bitcoin and then explain my own ideas about the crypto market. Let's get started... Bitcoin has become quite resistant to deep declines with the arrival of institutional investors. It's not falling. There was no significant decrease yesterday either. After the split candle passed, it recovered quickly and will probably do ath again by New Year's Eve. Of course, losses in the 15-20% band are marginal for BTC. But it should not be forgotten that BTC was already at the highest levels in history. In other words, those who wanted to sell in an environment where the technique did not work, sold. I am hopeful for the future, especially BTC. And I think it will continue to be priced independently of the NASDAQ in particular. Its feature as a store of value will make itself felt clearly. And the rise will continue in the long run. In summary, nothing will happen to BTC. There is no problem here. The problem is with stable coins and of course altcoins. Before giving my opinions on altcoins, I would like to point out this. Yesterday's decline is not similar to March '20 or May '21. Don't take those who rant too seriously. What did we see? Those who say etc. have not experienced anything like this. This is an electronically supported robbery that occurred by exploiting open doors deliberately left by the exchanges. A theft that bankrupted marketmakers themselves and even some venture capital funds. So what happened? Let's try to understand. He did BTC, ath first. Interest increased, altcoin investors came, stable coins were printed and then what happened yesterday. First, the market went down like a waterfall (bots did not work, exchanges did not execute orders, etc.) and then the market went up. Thus, both long futures and short futures were traded. The operation was completed in 2 candles, lasting 15 minutes, and outside buyers were prevented from getting involved, especially because the purchase orders did not work. A new pricing line was formed at BTC and ETH and the operation was completed. So what will happen next? This is where the bull's tail comes off. I think the following for the future: New lows will be formed in altcoins until the New Year. These are no lower than the needles thrown yesterday. Somewhere balance will be found again and the market will recover. I don't expect a quick recovery. So I do not foresee that this effect will disappear in a few days. The recovery process in altcoins may continue for maybe a month, maybe a little longer (until the new year). Some people perceived this as a bull signal. I don't think it's the right approach. Leveraged transactions are definitely very dangerous, but I do not think that a clean-up like yesterday will be possible in the near future. So I'll try little by little. It is never investment advice. I do not accept responsibility. I have to say this about those left behind. Stay away from the market for a few days. Then assess the damage. And set out with a new plan. It should not be forgotten that people who share on Twitter, that is, X, with nicknames such as expert, king, emperor, etc. are insincere. In yesterday's situation, two accounts caught my attention by warning their followers in advance and preventing them from losing money. One of them is nicknamed "Fatih Hoca" and the other is "Ekoanalizz". I followed these accounts closely. Because they knew. They made better predictions than I did. I recommend it to you too. I will finish with the words of two legendary coaches. The first of these is Phil Jackson: "He who comes from behind comes with morale." The other one is one of us, Fatih Terim. Hodja says, "You are defeated not when you lose, but when you give up." There will be new buying opportunities. Focus on these. It is not investment advice. I wish everyone good luck.