NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

Influencer Warns Bitcoin ‘Accident’ Ahead, Says Even The Ambulance Can Crash

Christian Encila
Christian Encila
Last Updated: October 18, 2025 7:30 pm
3 mins read
Bitcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

According to posts and short clips published on October 17, 2025, social media personality Andrew Tate warned that Bitcoin could fall to $26,000 before a bottom forms.

Related Reading

Bitcoin

Bitcoin Plunges To $105k As Investors Shift To Gold After Crypto Carnage

3 weeks ago

His clip argues that as long as many traders expect quick rebounds and hold long bets, the market can keep sliding until optimism is gone.

But, it was the “car crash” and “losing your entire family” and having an arm amputated in an accident part that sounded disturbing. It was all a metaphor about the reality of investing in Bitcoin and that everything could get worse. At least, in the way he sees it.

On Psychology & Risk

Tate’s message was mostly dark and foreboding. He spoke about pain, suffering and how too much expectation can wreck people’s dreams. His message enters on market psychology: too many people still thinking price won’t go lower, which is the worst part — and that keeps risk alive.

He framed the move as a capitulation or “amputation” — a moment when traders finally give up and positions are cleared. Several crypto outlets picked up the clip and reposted short videos of his comments across X and Instagram.

Market data gives context to why his warning grabbed attention. Bitcoin recently pulled back from highs earlier in October and traded near the $106,000–$107,000 area on October 17, with large liquidations hitting futures and options desks.

BITCOIN IS GOING TO $26,000 pic.twitter.com/Ng8ntmjWow

— Andrew Tate (@Cobratate) October 17, 2025

Reports show hundreds of millions cleared from leveraged positions in the recent sell-off. That kind of forced selling can amplify moves in either direction.

Market Moves And Data Points

Other outlets pointed out outflows from spot Bitcoin ETFs on days when prices slid, evidence that institutional flows can swing quickly and affect liquidity.

Some coverage named single-day ETF outflows in the hundreds of millions, underscoring how fragile demand can look in a down leg. At the same time, a few market vets argued that these drops create buying chances for longer-term players.

BTCUSD now trading at $107,084. Chart: TradingView

Observers split on probability. Some analysts warn that a deep correction is possible if broad liquidity dries up or if macro shocks hit risk assets.

Others note that structural change — like larger custody flows and ETF frameworks — creates more buyers than in past cycles, which could make a plunge to $26,000 unlikely without a major external shock.

Related Reading

Shiba Inu

Biggest Shiba Inu Burn In Months — And It Came From A Coinbase Account

4 weeks ago

What Traders Should Watch

Meanwhile, key numbers to watch are support near four-figure and five-figure levels that traders have flagged this week, liquidations across futures, and ETF flows in and out of spot products.

Momentum indicators versus gold and on-chain metrics have also been highlighted by some outlets as signs of whether sellers are exhausted or just getting started.

In short, Tate’s $26,000 call is a bold, simple forecast built on a sentiment argument. It is newsworthy because it came from a widely followed figure and because crypto is volatile right now. But it is one scenario among many.

Featured image from Gemini, chart from TradingView

Tweet123Share196ShareSend
Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Arnaque crypto sur Telegram : faux bots de trading qui siphonnent vos fonds.

Arnaque crypto : Telegram, le terrain des faux bots de trading

Telegram concentre une immense partie des conversations crypto. En 2025, c’est aussi le couloir préféré des faux robots de trading...

evanss 6 hours ago
Cardano

Forget The Obituaries—Cardano Is Alive, Says Bitcoin Analyst

Widely followed Bitcoin figure Lark Davis pushed back on suggestions that Cardano is finished, saying, “what is dead can never...

Christian Encila 7 hours ago
Dogecoin

Analyst Highlights Interesting Dogecoin Double Top Adam & Eve Pattern

Crypto analyst Tripy has highlighted a double-top Adam and Eve pattern that could send the Dogecoin price as low as...

Scott Matherson 8 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Bitcoin Rejection Was No Accident — Now The Battle Shifts To $93,000–$97,000 Survival Zone

Godspower Owie 1 hour ago
Bitcoin

With Bitcoin At $94,000, Bitwise CEO Claims Crypto Has Endured A 6-Month Bear Market

Ronaldo Marquez 3 hours ago
ETF XRP : peut-il vraiment déclencher une nouvelle hausse du prix de Ripple ?

ETF XRP : peut-il vraiment déclencher une nouvelle hausse du prix de Ripple ?

evanss 5 hours ago

Premium Sponsors

Press Releases

  • イーサリアム...

    11 hours ago
  • 仮想通貨おすすめ:ビットコインが半年ぶり安値の今、注目すべき銘柄とは

    ...

    12 hours ago
  • ドージコイン 今後:大型ミーム資産の影が広がる中、実用性重視の新モデルが台頭する可能性

    ドージコイン...

    12 hours ago
  • リップル 今後:米国初のスポットXRP ETFが上場、開始30分で2,600万ドルの取引高を記録

    リップル 今後:米国初のスポットXRP...

    13 hours ago
  • 仮想通貨プレセール:Bitwise幹部が示す2026年強気要因と注目すべき銘柄

    ...

    13 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.