Analysts warn of another crypto market crash today

Friday, Oct. 10, witnessed the worst wipeout in the crypto market after President Donald Trump threatened to impose a 100% tariff on imports from China to the U.S.

The total crypto market capitalization fell from $4.1 trillion to $3.6 trillion within hours of the announcement. Bitcoin also fell from above $122,000 to $105,000 during the crash, with other cryptocurrencies following suit.

On Monday, Oct. 13 there are signs of a recovery. The total market cap has recovered to $3.8 trillion, with Bitcoin trading well above the $114,500 price mark.

Related: What is Crypto? Cryptocurrency explained

But crypto analysts say it’s too early to take a sigh of relief.

A popular crypto analyst, with the handle on X, warned the trading community to exit the market as a “big dump” is coming on Oct. 13 in which both Bitcoin and altcoins will crash.

Another popular crypto analyst, known as @Prosperous_w_ on X, shared their views on the social media platform.

While many altcoins hit their “absolute bottom” on Friday, most altcoins are still trading well above their bottoms and will see further correction, they said. For example, SUI will see a 42% correction again, they predicted.

The market will now see strong resistance zones. Early buyers from the crash are accumulating profits and traders who short are entering the fray, they highlighted.

“This combo usually brings another hard correction. I expect altcoins to pull back 20–50% from current levels.”

@Prosperous_w_ also predicted “one more leg down” for Bitcoin. They rejected the theory that this is the beginning of a bear market following the 4-year cycle trend. The market now instead follows the liquidity cycle and the business cycle and this cycle will continue well into 2026, they predicted.

The analyst also shared their own trading plan for the future. They are “accumulating heavily” around current prices and flash crash lows. The future positions range from 5x to25x leverage, with higher leverage reserved for short-term trades and lower leverage for swing trades to hold into the next expansion phase.

Any trading profits or cash are stored in Bitcoin, @Prosperous_w_ shared with their followers.

“The USD, EUR, and most fiat currencies will continue to lose value. Bitcoin is the ultimate liquidity base and hedge in this evolving economy.”

Disclaimer: The information provided here is for general informational purposes only and should not be considered financial advice. You should consult with a licensed financial advisor before making any investment or financial decisions.

This story was originally reported by TheStreet on Oct 13, 2025, where it first appeared in the Trading News & Analysis section. Add TheStreet as a Preferred Source by clicking here.