Bitcoin’s outlook brightened this week as BlackRock announced its first Australian Bitcoin ETF, expanding global institutional access. At the same time, Chinese AI bots outperformed ChatGPT in crypto trading, reinforcing confidence in AI-driven strategies.
Meanwhile, BitMine’s $294 million Ethereum purchase and Tom Lee’s $200K BTC forecast strengthened sentiment, even as BTC hovered near $101,000 amid short-term bearish technical signals.
BlackRock Expands Bitcoin Reach with Australian ETF Launch
The largest asset manager in the world, BlackRock, will introduce the iShares Bitcoin ETF (IBIT) on the Australian Securities Exchange (ASX) in mid-November 2025 as part of its global BTC strategy. Australian investors will be able to obtain regulated custody of Bitcoin through the ETF without personally owning the cryptocurrency.
One of the most popular ETF launches since 2024, the U.S.-listed iShares Bitcoin Trust, is wrapped by IBIT with a modest management fee of 0.39%.
The decision shows increasing institutional interest in the Asia-Pacific region and puts Australia among the major markets that now host Bitcoin ETFs, alongside the U.S., Germany, and Switzerland.
Australia’s new cryptocurrency laws, which promote investor protection and transparency, further boost market confidence.
Expanding ETF access boosts demand worldwide and institutional inflows, making this launch favorable for BTC. To support Bitcoin’s price rebound from its recent decline to $102,250, analysts anticipate fresh buying pressure.
China’s Budget AI Bots Beat ChatGPT in Crypto Trading
In a worldwide cryptocurrency trading competition, two inexpensive Chinese AI models, QWEN3 MAX and DeepSeek beat OpenAI’s ChatGPT demonstrating China’s increasing advantage in AI-driven finance. Each bot in the Alpha Arena-hosted event received $10,000 to trade on the Hyperliquid market on its own.
Whereas all other models including ChatGPT concluded with losses ChatGPT losing 57% of its capital QWEN3 stood out with a 7.5% profit ($751).
QWEN3 continued to hold leveraged long bets on Dogecoin, Ether, and Bitcoin, showing optimistic confidence in the main cryptocurrency assets. The confidence about AI’s potential to improve market forecasts was strengthened by its winning strategy.
Due to QWEN3’s long BTC attitude, which showed a strong belief in a price rebound, this achievement increased investor confidence in BTC. As AI-powered trading tools become more widely used, traders see opportunities for more intelligent, data-driven Bitcoin tactics, which will boost the market sentiment for the cryptocurrency.
BitMine Buys $294M in Ethereum as Tom Lee Predicts Major Bitcoin Rally
BitMine Immersion Technologies (BMNR) has increased its ETH holdings to 3.39 million ETH or roughly 2.8% of the total supply, by adding $294 million to its treasury. Under the direction of Chairman Tom Lee, the company now has more than $12.5 billion in Ethereum, making it the second-largest cryptocurrency treasury after Strategy’s $69 billion in BTC.
Lee is still very hopeful, even though ETH fell 6.9% to $3,617 and BMNR’s stock fell 25% in a single month. Strong fundamentals, such as increased stablecoin volume and record on-chain revenues, indicate an impending rise, he told CNBC.
Lee sees the recent $19 billion liquidation as “a market reset” and predicts that Bitcoin could reach $150K–$200K and Ethereum could reach $7K by year’s end. The market’s mood has improved due to BitMine’s aggressive ETH acquisition and Lee’s optimistic outlook, which has strengthened belief in the ability of both Ethereum and Bitcoin to rebound.
Bitcoin Technical Forecast: $97K in Focus as Bears Dominate
Bitcoin price prediction is bearish as BTC trades near $101,300, extending losses after a decisive breakdown from a symmetrical triangle that’s guided price action since mid-September.
The failed rebound from $106,300 confirms resistance, while both the 50-EMA and 200-EMA slope downward, signaling continued bearish control.
A three black crows pattern highlights strong selling momentum, and the RSI near 28, though oversold, shows no bullish divergence yet, implying weakness may persist.
Bitcoin Price Chart – Source: TradingviewKey support rests at $100,400, with the next downside target at $97,600, where historical buying interest could emerge. A daily close below $100K would confirm a deeper correction, while a recovery above $103,500 could spark a short-term bounce toward $106K–$108K.
For now, the path of least resistance remains lower, but this extended selloff may mark a late-stage shakeout, potentially paving the way for Bitcoin’s next major rebound as long-term accumulation quietly builds.
Bitcoin Hyper: The Next Evolution of BTC on Solana?
Bitcoin Hyper ($HYPER) is bringing a new phase to the Bitcoin ecosystem. While BTC remains the gold standard for security, Bitcoin Hyper adds what it always lacked: Solana-level speed.
Built as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), it merges Bitcoin’s stability with Solana’s high-performance framework. The result: lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation, all secured by Bitcoin.
Audited by Consult, the project emphasizes trust and scalability as adoption builds. And momentum is already strong. The presale has surpassed $25.7 million, with tokens priced at just $0.013215 before the next increase.
As Bitcoin activity climbs and demand for efficient BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s biggest ecosystems. If Bitcoin built the foundation, Bitcoin Hyper could make it fast, flexible, and fun again.
Click Here to Participate in the PresaleThe post Bitcoin Price Prediction: BlackRock ETF Launch, AI Trading Wins, and Tom Lee’s $200K BTC Forecast Fuel Market Optimism appeared first on Cryptonews.
