Bitcoin Updates: Stablecoins Put Bitcoin’s Dominance to the Test as Experts Disagree on Future Price Predictions

The future direction of Bitcoin’s price is hotly debated, as traders and investors interpret mixed signals from technical charts, institutional outlooks, and broader economic trends. Currently, Bitcoin is valued around $105,000 on Binance, trading beneath its 200-day moving average of $112,245. Experts are split on whether this points to a period of sideways movement or the onset of a more significant downturn. While indicators like the "unrealized loss ratio" imply that long-term investors are not rushing to sell, crucial support—especially at $100,000—is being closely watched as bearish traders prepare for possible declines, according to a

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Latest blockchain metrics indicate a low probability of widespread forced selling, as the unrealized loss ratio stands at 0.06—a level historically linked to market steadiness rather than panic. This is in stark contrast to the sharp corrections seen in 2020 and 2022, when unrealized losses surged. Observers suggest that Bitcoin’s current position below its moving average signals a period of indecision, with market participants waiting for a clear trigger to break the deadlock. Should Bitcoin reclaim $112,245, optimism could return, but a prolonged dip under $100,000 may prompt more profit-taking and increased caution from institutions, as also noted in the Blockchain Magazine report.

Forecasts for Bitcoin’s price add further complexity. Some optimistic investors view $100,000 as a key psychological barrier, while others caution that a failure to surpass $107,000 could see prices fall to $87,800. Maartunn from CryptoQuant pointed out that long-term holders have offloaded 405,000 BTC over the past month, indicating ongoing profit realization. On the other hand, Matt Hougan of Bitwise interprets the recent downturn as "retail capitulation" rather than a sign of fundamental weakness, and he anticipates a rally to new highs by year-end, as reported in a

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There has also been a shift in institutional perspectives. Cathie Wood of

Invest has recently lowered her price projection for 2030 from $1.5 million to $1.2 million, attributing the change to the rapid adoption of stablecoins in payments and developing economies. "Stablecoins are taking over some of Bitcoin’s functions," she explained to CNBC, trimming her bullish estimate by $300,000, as outlined in a . Galaxy Digital has also reduced its 2025 outlook, now expecting $120,000 instead of $185,000, citing intensified competition from quicker and more cost-effective payment alternatives, according to a .

Mike McGlone from Bloomberg has also urged caution, noting that Bitcoin’s journey to $100,000 is precarious in light of economic challenges and regulatory ambiguity. His assessment highlights the ongoing struggle between Bitcoin’s reputation as "digital gold" and its real-world use as a payment method—a role that stablecoins are increasingly filling, as mentioned in the Yahoo Finance story.