Crypto Trader Ansem Predicts Deeper Pullback for Bitcoin and Ethereum
Ansem warns that Bitcoin and Ethereum could face significant downward pressure following a potential AI stock correction.
Ansem warns that Bitcoin and Ethereum could face significant downward pressure following a potential AI stock correction. Bitcoin (BTC) is trading at ₹75,93,324 ($79,704.00). This is an original Token Times brief based on reporting by BeInCrypto, with live market data added, as of Tue, 27 Oct 2026 09:00:01 UTC.
The warning highlights growing concerns about contagion risk between tech stocks and crypto markets, with potential implications for investor sentiment and asset valuations.
- Crypto trader Ansem predicts a deeper pullback for Bitcoin and Ethereum.
- Concerns stem from a potential 'blow-off top' in AI stocks.
- Bitcoin and Ethereum show mixed short-term performance amid neutral market sentiment.
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- Crypto Trader Ansem Predicts Deeper Pullback for Bitcoin and Ethereum — this brief
Crypto trader Ansem has issued a bearish warning for 
Bitcoin and 
Ethereum, suggesting that both cryptocurrencies could experience a significant downward correction.
The prediction is based on the idea of a 'blow-off top' in AI stocks, which Ansem believes could trigger a broader market downturn and spill over into the crypto space.
Ansem's warning comes at a time when Bitcoin is trading at $37,959, showing a slight 0.06% decline over the past 24 hours, while Ethereum is at $2,312.76, up 0.17% in the same period. Despite the short-term fluctuations, both assets have seen a 7-day decline, with Ethereum's 3.51% drop being more pronounced.
The broader crypto market remains relatively flat, with a total market cap of $2.74 trillion. The Fear & Greed Index currently stands at 48, indicating a neutral sentiment among investors.
This development is significant as it underscores the potential for contagion effects between traditional tech markets and cryptocurrencies. Investors will be watching for signs of a correction in AI stocks, which could serve as a catalyst for the predicted pullback in crypto assets.
Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from ₹75,98,564.24$79,759.00 to ₹75,93,324.44$79,704.00 — -0.07%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin reach $87,500 in October?
Crowd-implied probability on Polymarket, ₹6.80M 24h volume, resolves Nov 1 — snapshotted when this brief published (Oct 27 08:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹8.36M (about $79,704.00), down 0.6% over 24 hours. The rupee itself trades about 10.1% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Crypto Trader Ansem Predicts Deeper Pullback for Bitcoin and — questions & answers
What is Ansem's main concern about Bitcoin and Ethereum?
Ansem is concerned that a potential correction in AI stocks could trigger a deeper pullback in Bitcoin and Ethereum.
How are Bitcoin and Ethereum performing currently?
Bitcoin is down 0.06% in the last 24 hours, while Ethereum is up 0.17%, but both show 7-day declines.
What is the current state of the overall crypto market?
The total crypto market cap is $2.74 trillion, and the Fear & Greed Index is at 48, indicating neutral sentiment.
How much is 1 Bitcoin worth in rupee today?
About ₹8.36M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $79,704.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.07% since this brief first published — trading at ₹75,93,324 ($79,704.00) now versus ₹75,98,564 ($79,759.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from BeInCrypto. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.