Key points:<\/strong><\/p>\n Bitcoin revisits the bottom of its local range in a fresh dive after the Federal Reserve interest-rate cut.<\/p>\n<\/li>\n Traders betting on upside get punished, with long liquidations nearing $1 billion.<\/p>\n<\/li>\n A deeper rout for stocks could mean BTC price losses of 30%.<\/p>\n<\/li>\n<\/ul>\n Bitcoin (BTC<\/a>) saw new weekly lows at Thursday\u2019s Wall Street open as stocks shrugged off macro tailwinds.<\/p>\n Data from Cointelegraph Markets Pro<\/a> and TradingView<\/a> showed that the BTC price action dipped to near $107,000.<\/p>\n That level marked the bottom of the local range for BTC\/USD, and was thus key for bulls to defend.<\/p>\n $BTC<\/a> Another test of $107K. Still in the range as we speak.<\/p>\n All levels to watch from low to high: We’re just playing ping pong between those levels. One\u2026 https:\/\/t.co\/obzd3PYwzf<\/a> pic.twitter.com\/XsxoGxHzqR<\/a><\/p>\n \u2014 Daan Crypto Trades (@DaanCrypto) October 30, 2025<\/a><\/p><\/blockquote>\n Crypto joined US stock markets in a comedown from another 0.25% interest-rate cut by the US Federal Reserve the day prior.<\/p>\n The would-be macro catalyst of the week, a trade deal<\/a> between the US and China to avert steep tariffs from Nov. 1, lacked certainty despite hopeful commentary from President Donald Trump.<\/p>\n In a post<\/a> on Truth Social following a meeting with China\u2019s Xi Jinping, Trump said that the two \u201cagreed on many things.\u201d<\/p>\n \u201cI had a truly great meeting with President Xi of China. There is enormous respect between our two Countries, and that will only be enhanced with what just took place,\u201d the post stated.\u00a0<\/p>\n \u201cWe agreed on many things, with others, even of high importance, being very close to resolved.\u201d<\/p><\/blockquote>\n The S&P 500 and Nasdaq Composite Index both opened down on the day, while gold gained, climbing back above $4,000 per ounce.<\/p>\n High liquidations characterized Crypto\u2019s struggle as traders\u2019 macro bets unraveled. Data from monitoring resource CoinGlass<\/a> indicates that 24-hour liquidations reached over $1.1 billion at the time of writing.<\/p>\n Commenting on the outlook, market participants had differing views.<\/p>\n Related: <\/strong><\/em>Bitcoin spot volume passes $300B in October as traders show ‘healthy’ pivot<\/strong><\/em><\/a><\/p>\n Some, including trader CrypNuevo, saw Bitcoin repeating \u201cusual\u201d behavior around Fed rate meetings.<\/p>\n \u201cNothing to worry about in terms of market structure or trend –\u00a0 price is now retracing the new imbalances created this evening,\u201d he told<\/a> X followers.<\/p>\n CrypNuevo noted that price had filled its latest weekend \u201cgap\u201d in CME Group\u2019s Bitcoin futures market.<\/p>\n Other perspectives were a lot less relaxed. Trader Roman warned that since BTC\/USD was failing to follow stocks even during periods of upside, their trend reversal could spark another price rout.<\/p>\n So when the $SPX<\/a> finally has some sort of retrace\/correction, my guess is $BTC<\/a> drops by a solid margin. Maybe 20-30%.$BTC<\/a> has been moving sideways while stocks have been going straight up 40%+. The lack of strength is very evident.<\/p>\n It\u2019s coming folks. https:\/\/t.co\/bLL0fyqSkR<\/a> pic.twitter.com\/wYfTCN8m3l<\/a><\/p>\n \u2014 Roman (@Roman_Trading) October 30, 2025<\/a><\/p><\/blockquote>\n CoinGlass confirmed that October 2025 was now \u201cred\u201d for Bitcoin for the first time since 2018, with a single trading day left to turn the situation around.\u00a0<\/p>\n\n
<\/figcaption><\/figure>\nBTC price pressures $107,000 range floor<\/h2>\n
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\ud83d\udd38$103K (Wick low).
\ud83d\udd38$107K Local range low & support.
\ud83d\udd38$111K Mid range & high volume node.
\ud83d\udd38$116K Range high & resistance.<\/p>\nBitcoin trader warns stocks reversal \u201ccoming\u201d<\/h2>\n
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