Bitcoin Price Prediction: After Triangle Breakdown, Is a Drop Below $105K Next?

Bitcoin held near $108,700 as global developments reshaped sentiment across crypto ￰2￱ G20’s Financial Stability Board warned of major regulatory gaps amid a $4 trillion market surge, while Babylon Labs launched a trustless Bitcoin DeFi system on ￰3￱ the same time, Nasdaq-listed Zeta Network raised $230 million in a BTC-backed sale, reinforcing confidence despite Bitcoin’s ongoing consolidation below $110,000. G20 Watchdog Warns of Global Crypto Regulation Gaps The G20’s Financial Stability Board (FSB) has warned that major gaps remain in how countries regulate cryptocurrencies, despite the market’s value doubling to $4 trillion over the past ￰4￱ FSB noted that stablecoins, now worth about $290 billion, are only fully regulated in a few ￰5￱ Secretary General John Schindler emphasized the need for global cooperation, citing the ease of cross-border crypto transfers and the growing link between digital assets and traditional ￰6￱ risks are limited for now, the FSB cautioned they could rise as adoption deepens.

G20 risk watchdog warns of ‘significant gaps’ in global crypto rules ￰0￱ — The Globe and Mail (@globeandmail) October 16, 2025 Bitcoin traded near $108,690, largely unaffected by the ￰7￱ viewed the FSB’s call for unified oversight as a positive step toward establishing clearer global standards for cryptocurrency ￰8￱ Labs Unveils Trustless Bitcoin DeFi on Ethereum Babylon Labs has introduced a new system that allows users to borrow on Ethereum using native Bitcoin as collateral, without relying on centralized bridges or ￰9￱ mechanism, powered by BitVM3 technology, secures BTC in cryptographically verified vaults. We've completed the first Trustless Vaults ￰10￱ successfully borrowed USDC against native BTC on Ethereum Mainnet with@MorphoLabs.

BTC is the largest capital pool in crypto and has been cut off from ￰11￱ solved ￰12￱ is a historic ￰13￱ experiment ￰1￱ ￰14￱ — Babylon (@babylonlabs_io) October 16, 2025 An experimental version, VaultBTC, is currently being tested on the Morpho lending ￰15￱ the system is largely trustless, analysts note that its liquidation process still depends partly on authorized liquidators and trusted ￰16￱ launch reflects growing efforts to integrate Bitcoin into decentralized ￰17￱ say expanding Bitcoin’s role beyond payments and storage could strengthen long-term demand, as BTC held steady near $108,690. Zeta Network Raises $230M with BTC-Backed Private Sale Zeta Network, a Nasdaq-listed company, has raised $230.8 million through a private share sale, accepting both Bitcoin (BTC) and SolvBTC, a wrapped BTC token from Solv ￰18￱ firm issued new shares and warrants while adding Bitcoin-based assets to its treasury, reinforcing confidence in BTC’s long-term value and ￰19￱ Protocol CEO Ryan Chow said more public companies are finding innovative ways to hold Bitcoin, aligning with the growing demand for BTC yield products such as Coinbase’s Bitcoin yield fund and BlackRock’s proposed Bitcoin income ETF.

Zeta’s Bitcoin-backed fundraising boosted market sentiment, with BTC trading near $108,700 as investors viewed the move as another sign of accelerating institutional ￰20￱ Price Prediction: Descending Channel Hints at Drop Toward $103,500 Bitcoin (BTC/USD) remains range-bound below $110,000, facing difficulty regaining upward traction after multiple failed attempts above $109,600. The chart outlines a potential triple-bottom formation, but persistent rejection near $110,500 and a descending triangle breakout highlight weakening buyer momentum. A bearish crossover between the 20- and 50-period EMAs adds pressure, signaling continued downside ￰21￱ RSI near 42 stays below its midpoint, indicating a lack of buying ￰22￱ action shows lower highs and no clear bullish engulfing candle to confirm a ￰23￱ BTC fails to break above $110,500, a move toward $107,300 appears likely, followed by deeper supports at $105,200 and $103,500 key levels where buyers have historically stepped ￰24￱ Price Chart –) is bringing a new phase to the Bitcoin ￰25￱ BTC remains the gold standard for security, Bitcoin Hyper adds what it always lacked: Solana-level ￰26￱ as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), it merges Bitcoin’s stability with Solana’s high-performance ￰27￱ result: lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation, all secured by ￰28￱ by Consult, the project emphasizes trust and scalability as adoption ￰29￱ momentum is already ￰30￱ presale has surpassed $23.7 million, with tokens priced at just $0.013115 before the next ￰31￱ Bitcoin activity climbs and demand for efficient BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s biggest ￰32￱ Bitcoin built the foundation, Bitcoin Hyper could make it fast, flexible, and fun ￰33￱ Here to Participate in the Presale