Bitcoin (BTC) Losing Momentum? Analysts Say the IDR 2 Billion Target Is Unlikely to Be Reached This Year

Jakarta, Pintu News – The price of Bitcoin (BTC) is again showing signs of exhaustion after hitting a record high of over IDR 2.1 billion (around $126,000) in early October 2025. In the past week, Bitcoin has fallen about 10%, trading at around IDR 1.7 billion (about $101,763).

Analysts are now starting to doubt the potential for prices to rise to IDR2.09 billion ($125,000) by the end of this year, citing pressure from a long-term sell-off and weakening market sentiment as the main causes of the slowdown.

Analysts Predict IDR 2.09 Billion Target Not Achieved This Year

According to Houston Morgan, analyst at ShapeShift, the likelihood of Bitcoin breaking the $125,000 ($2.09 billion) level this year is slim. In a statement to Cointelegraph, Morgan said that the strong correlation between Bitcoin’s price movements and the policies announced by US President Donald Trump is the main obstacle to a potential new rally. He believes that for the crypto market to experience another significant surge, Bitcoin needs to break away from the influence of these political and macroeconomic factors.

Meanwhile, selling pressure intensified after Bitcoin’s price plummeted to a four-month low of Rp1.68 billion (around $100,800). A team of analysts from Bitfinex emphasized that the sell-off from long-term holders is still the main factor pressuring the market structure. They think this distribution trend shows signs of broader market fatigue, where renewed buying interest is not yet strong enough to withstand a sustained flow of selling.

Read also: Price of 1 Pi Network (PI) in Indonesia Today (5/11/25)

Market sentiment weakens, crypto fear index hits extreme levels

The current state of the crypto market is also reflected in the Crypto Fear & Greed Index, which dropped dramatically to 23 out of 100, signaling the market is in an “Extreme Fear” phase.

This data suggests that many investors are choosing to refrain from buying, waiting for a signal of price stabilization before re-entering the market. Bitfinex analysts warned that if Bitcoin (BTC) fails to break back through the Rp1.94 billion (approximately $116,000) level in the near future, further potential declines could occur until the end of the year.

According to the report, time is the enemy of the bulls. The longer Bitcoin stays in the lower price range without a strong recovery, the greater the risk of a forced distribution or additional sell-off. This kind of stagnation trend, in the history of the crypto market, has often led to a decline in investor interest and eroded medium-term sentiment.

Also read: Gold Jewelry Price Today, Wednesday, November 5, 2025

2026 Outlook: Between Hope and Potential New Bear Market

While many analysts expect 2025 to not be a strong year for Bitcoin, the outlook for 2026 is still divided. Matt Hougan, Chief Investment Officer at Bitwise, expects 2026 to be a recovery year for the crypto market, with the possibility of more measured price increases. He thinks an improving global economy and institutional adoption could drive demand for digital assets, including Bitcoin.

However, financial analyst Andrew Lokenauth has a different view. In a post on the X platform, he said that 2026 is likely to resemble previous mid-cycle years – a period of bear market or price weakness. Meanwhile, senior trader Peter Brandt also warned that if the bearish trend continues, Bitcoin (BTC) could fall to the Rp1 billion (around $60,000) level before starting a new consolidation phase.

Conclusion

Bitcoin’s weakening movement to below Rp1.7 billion shows considerable pressure towards the end of 2025. With increasing sell-offs from long-term holders and declining market sentiment, the optimistic target of above Rp2 billion seems unattainable in the near future. However, some analysts remain confident that renewed momentum in 2026 could open up opportunities for a broader revival of the cryptocurrency market.

That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Cointelegraph. Bitcoin shows exhaustion as analysts say $125K target unlikely in 2025. Accessed November 5, 2025.
• Featured Image: Generated by AI