FX.co ★ Pause in Bitcoin demand seen as temporary factor

According to the latest data from Sygnum, about 61% of surveyed companies and organizations plan to increase their cryptocurrency purchases despite the price drop in October.

The October crash in the crypto market, contrary to the fears of many analysts, did not cool the enthusiasm of corporate investors. On the contrary, recent studies show that 61% of firms intend to expand their crypto investments in the near future. This reflects a growing recognition of digital assets as a promising asset class capable of delivering strong returns and providing valuable portfolio diversification.

Several factors explain this phenomenon.

First, institutional investors are increasingly aware of the potential of blockchain technology—and cryptocurrencies as its core—as a foundation for innovative financial instruments and business models.

Second, the downturn in October is widely seen as a temporary market correction, not a sign of deeper structural weakness.

Third, declining inflation and the potential monetary policy easing by major regulators are opening access to cheaper capital, which companies can channel into crypto-related investments. As more corporations integrate digital assets into their business operations, the market capitalization and influence of cryptocurrencies within the global economy are likely to continue growing.

The published study, conducted at the end of the third quarter of this year, also notes that overall market sentiment remains positive. While 2025 is expected to be a period of measured risk-taking, upcoming regulatory decisions and monetary policies are likely to become powerful catalysts for renewed demand.

Trading outlook

Bitcoin From a technical perspective, buyers are now targeting a return to the $105,300 level, which would open the way toward $107,900, followed by a potential move to $111,300. The ultimate bullish target stands near $113,500 — a breakout above this level could signal the beginning of a renewed bull market. In case of a decline, buyers are expected to appear around $102,400. A drop below this area could quickly push BTC down toward $99,400, with an extended downside target near $95,900.

Ethereum A clear consolidation above $3,664 paves the way toward $3,818, with an upper target near $3,949. A breakout above this zone would reinforce the bullish market structure and attract renewed buying interest. If ETH falls, buyers are likely to reemerge around $3,529. A move below this level could trigger a slide toward $3,377, with a broader bearish target at $3,181.

Chart indicators

• Red indicators represent support and resistance levels, where a slowdown or active price increase is expected.
• Green represents the 50-day moving average.
• Blue indicates the 100-day moving average.
• Light green signifies the 200-day moving average.

Crossovers or tests of the moving averages usually halt or set the market's momentum.