Bitcoin Price Prediction: Bob Loukas Warns BTC Rally Could Stall

Key takeaways Bob Loukas warns Bitcoin momentum could fade quickly Coinbase identifies deeper downside risk toward $73,000 Another analyst sees $100,000 if major resistance breaks Bitcoin recovered toward $81,000 on Wednesday, October 28, but market-cycle analyst Bob Loukas warned that the cryptocurrency's recent resilience could give way to another period of weakness unless buying momentum returns. In an October 27 post on X, Loukas said Bitcoin and stocks had held up despite negative sentiment but were approaching the risk of stalling. He wanted to see momentum improve quickly.

His warning comes less than a week after he identified a potential 30-45-day window for Bitcoin gains, highlighting how uncertain the recovery remains as BTC struggles to establish support above $80,000. Bob Loukas Warns Bitcoin's New Cycle Needs Momentum On October 21, Loukas suggested Bitcoin could be confirming a new market cycle, potentially opening the door to a meaningful advance through late November or early December. However, he cautioned that the setup did not guarantee a major rally and identified approximately $79,600 as a level that would make him more defensive.

Bitcoin briefly fell below that threshold during October 27 trading, reaching approximately $79,500 before recovering to close near $80,900. The move adds uncertainty to the bullish cycle interpretation, although an intraday decline does not necessarily confirm a sustained breakdown. The hesitation follows Bitcoin's recent selloff below $80,000, which raised concerns about whether buyers could defend the market's previous support zone.

Meanwhile, Bitfinex's latest technical outlook identifies structural support between $77,000 and $80,000. Coinbase Warns of $73,000 While Coutts Sees $100,000 The broader analyst outlook remains divided. In its October 23 institutional research, Coinbase identified $80,000–$82,000 as an important support region overlapping the average purchase price of US spot Bitcoin ETF holders.

If that area fails, Coinbase expects the likelihood of a retest toward $73,000–$75,000 to increase. The firm also identified approximately 2. 1 million BTC last moved between $87,500 and $91,700, creating potential selling pressure as prices approach those holders' acquisition levels.

Real Vision analyst Jamie Coutts offered a contrasting forecast on October 23, suggesting that clearing $85,000–$86,000 could allow Bitcoin to accelerate toward $100,000. His view is consistent with the recovery scenarios discussed in Coinpaper's earlier $90,000 breakout analysis. However, a move toward six figures would still need to overcome the substantial supply concentration identified by Coinbase.

Bitcoin Price Prediction: Can BTC Recover Momentum? Institutional flows offer another explanation for the market's uncertainty. Coinbase reported that Bitcoin ETFs attracted approximately $6.

4 billion since August, compared with $1. 5 billion in corporate treasury purchases. That reverses the first-half pattern, when companies purchased approximately $14.

5 billion in Bitcoin while ETFs recorded nearly $5 billion in net withdrawals. The shift helps explain why ETF demand has become increasingly important to Bitcoin's recovery. For bulls, reclaiming $82,000 would strengthen the immediate outlook, followed by the $85,000-$86,000 resistance area identified by Coutts.

For bears, another sustained break below $79,600 could bring $77,000 into focus, followed by Coinbase's deeper $73,000-$75,000 scenario. The Federal Reserve's October 28 decision adds uncertainty, particularly as higher interest rates threaten risk appetite. More optimistic long-term forecasts, including Citi's $113,000 target, remain substantially above current prices.