Crypto markets experienced a sharp decline over the weekend with Bitcoin and Ether seeing losses. Analysts offer various opinions on the reasons and future movements of Bitcoin.
Peter Schiff Flags Bitcoin Weakness
Peter Schiff shared in a recent post on X that Bitcoin’s recent drop below $109K, down 13% from its high in less than two weeks, is a serious warning. He foresees a possible decline to around $75K and advises selling now to buy back lower.
> "Bitcoin just dropped below $109K, down 13% from its high less than two weeks ago. Given all the hype and corporate buying, this weakness should be cause for concern. At a minimum, a decline to about $75K is in play, just below [$MSTR]. Sell now and buy back lower." > — Peter Schiff (@PeterSchiff) August 26, 2025
What Analysts Are Watching in CME Charts
Analyst Altcoin Sherpa explains that Bitcoin often 'fills gaps' seen in CME charts and volume profiles. After a significant surge in November 2024, a gap between $75K and $90K was formed. Investor Ted believes Bitcoin might be in a distribution phase, with whales selling and ETF inflows slowing. He highlighted a CME gap around $94K–$96K that cannot be ignored.
Three Scenarios for Bitcoin Price
Altcoin Sherpa has outlined three possible paths for Bitcoin:
1. **Sideways trading:** A potential range between $100K–$115K before a rebound in late Q4 2025.
2. **Quick rebound:** If market conditions stay supportive, Bitcoin might recover quickly and spike by October.
3. **Major retrace:** With macro pressures, Bitcoin may drop toward $75K, followed by a prolonged consolidation period before the next major uptrend in Q2 2026.
Bitcoin's future remains uncertain. While some analysts predict positive trends, others express caution. Stay tuned for news and analysis to shape your outlook.