Key Takeaways
James van Straten: Bitcoin is following a gold-like template, with steady ETF inflows and 10–20% pullbacks expected.
Michaël van de Poppe: Sees sub-$107K as a “tremendous buying opportunity” and $112K as the breakout trigger for altcoin rotation.
Peter Schiff: Challenges Michael Saylor’s Bitcoin treasury bet, arguing gold’s market depth offers superior liquidity for large holders.
CoinDesk Research: BTC is consolidating in the $109.4K–$109.75K range, with $112K as the key momentum level.
Analysts Map Bitcoin’s “Slow Grind” Path
Bitcoin’s price continues to hover in the $109K–$112K range, with analysts offering diverging perspectives on what comes next.
James van Straten, senior analyst at CoinDesk, compared Bitcoin’s current structure to gold in the early 2000s. He expects a stair-step advance fueled by steady ETF inflows, punctuated by regular 10–20% pullbacks. The template, he argued, shows Bitcoin may sometimes lag gold but still leads in total returns over a full cycle.
Key Levels: $107K Buy Zone, $112K Breakout
Crypto strategist Michaël van de Poppe identified sub-$107,000 as a prime buying zone, where dip demand is likely to appear. On the upside, he flagged $112,000 as the breakout ceiling.
A sustained close above $112K, he said, could shift market flows into altcoins, initiating what he called “altcoin mode.”
Schiff vs. Saylor: Gold’s Depth vs. Bitcoin’s Treasury Bet
Gold advocate Peter Schiff reignited the long-running debate by directly challenging Michael Saylor’s Bitcoin-heavy treasury strategy at MicroStrategy.
Schiff argued that large holders can unload tens of billions in gold with minimal market disruption, while attempting to sell a similar Bitcoin position could trigger sharp declines and cascade selling.
Bitcoin advocates counter that staged exits and OTC desks could mitigate impact, but Schiff insists gold’s market depth provides unmatched flexibility for institutional-scale sellers.
CoinDesk Research: Technical Range Still Intact
CoinDesk Research’s model shows Bitcoin consolidating in a tight $692 band (~1%) between $109,156 and $109,849 from Sept. 27–28.
Support: ~$109,400–$109,575
Resistance: ~$109,750
Next levels: Break above ~$109,750 opens $110K–$111K; a hold above $112K confirms momentum. Falling below ~$109,400 risks $109,150–$108,500.
On the monthly view, Bitcoin has compressed into a narrow band after mid-September highs of ~$117K. Analysts see continued sideways consolidation unless BTC can reclaim $112K with conviction, according to CoinDesk.