This week, Bitcoin price predictions received a further boost of optimism with BlackRock announcing the first Bitcoin spot EFT in Australia, in a bid to expand the currency’s institutional reach globally. At the same time, Chinese AI bots outperformed ChatGPT in cryptocurrency trading, boosting confidence in AI-based trading strategies.
At the same time, the public mood was revived by BitMine’s agreement to purchase $294 million worth of Ethereum-ETH and Tom Lee’s expectations that the value of Bitcoin would reach $200,000, despite its price falling to around $101,000 amid negative short-term technical indicators.
BlackRock Expands Access to Bitcoin with ETF Launch in Australia
BlackRock, the world’s largest asset manager, intends to launch the iShares Bitcoin ETF (IBIT) on the Australian Securities Exchange (ASX) in mid-November 2025 as part of its global Bitcoin strategy, which will allow Australian investors to obtain legally regulated participation by investing in Bitcoin through the spot trading fund without the need to directly own the digital currency.
The US-listed iShares Bitcoin Trust IBIT is one of the most popular ETF releases since 2024, with a modest management fee of just 0.39%.
The move shows growing institutional interest in the Asia-Pacific region and places Australia among the list of major global markets currently hosting Bitcoin Spot ETFs alongside the United States, Germany and Switzerland.
It is worth noting that Australia’s new crypto laws have improved investor protection and transparency, resulting in increased confidence in the market.
Expanding access to ETF funds strengthens global demand and institutional demand, making the launch of the new fund a supporting factor for the Bitcoin movement. As the price recently declined to around $102,250, analysts expect the emergence of a new buying wave that could help support the price recovery.
Low-cost Chinese AI bots beat ChatGPT in crypto trading
In a global cryptocurrency trading competition, two low-cost Chinese AI models – QWEN3 MAX and DeepSeek – outperformed OpenAI’s popular product ChatGPT in an achievement that demonstrates China’s growing supremacy in AI-driven finance. In this context, each robot participating in the event organized by Alpha Arena received $10,000 to trade independently on the Hyperliquide platform market.
While all other models, including ChatGPT, ended in losses, with the latter losing 57% of its capital, QWEN3 made a profit of 7.5% ($751).
UPDATE: Chinese budget AIs beat big names in crypto trading showdown. QWEN3 MAX won with +7.5%, ChatGPT finished last at -57%. pic.twitter.com/2w6oa43wmC – Cointelegraph (@Cointelegraph) November 4, 2025
The QWEN3 robot made bullish leveraged trades on Dogecoin-DOGE, Ethereum and Bitcoin, showing its optimism towards major crypto assets, and this event increased confidence in the ability of AI models to improve market predictions through their successful strategy.
Thanks to the QWEN3 robot’s position on Bitcoin – which has shown strong confidence in its price recovery – investor confidence in the currency has increased. With the increasing use of AI-based trading tools, traders see opportunities for smarter, data-driven BTC trading plans, which will increase market confidence in the digital currency.
BitMine Acquires $294 Million in Ethereum and Tom Lee Expects Bitcoin Price to Rise Significantly
BitMine Immersion Technologies (BMNR) increased its Ethereum holdings after adding $294 million to its treasury, bringing its holdings to 3.39 million ETH, or approximately 2.8% of the total supply. Currently, the Tom Lee-led company owns $12.5 billion worth of the currency, ranking it as the second largest institutional cryptocurrency treasury after Strategy, which owns $69 billion worth of Bitcoin.
Despite Ethereum’s value falling 6.9% to $3,617 and his company BMNR’s stock price falling 25% in a month, Lee remains quite optimistic, telling CNBC that strong fundamentals – such as increasing stablecoin volume and unprecedented revenues on the blockchain – point to an imminent rally.
Lee considers the recent liquidation of positions worth $19 billion a “market reset” and expects Bitcoin to reach between $150,000 and $200,000 and Ethereum to reach $7,000 by the end of the year. The market situation has improved thanks to BitMine’s acquisition of Ethereum and Lee’s optimistic forecast, which has increased confidence in the ability of BTC and ETH to recover.
Bitcoin Price Technical Analysis: Eyes on $97,000 as Negative Mood Takes Control
The Bitcoin price outlook looks very negative, and the currency is trading at around $101,300, continuing a losing streak after a sharp collapse of the symmetrical triangle pattern that had controlled price movement since mid-September.
The failed rebound from $106,300 also confirms the presence of strong resistance, while the 50-day and 200-day EMAs are falling, indicating continued downtrend dominance.
Furthermore, the “Three Black Crows” pattern indicates extreme selling, while the Relative Strength Index (RSI) near 28 is also still oversold and is not yet showing an upward divergence, suggesting the possibility of continued weakness.
In the same context, the main support level remains at $100,400 with a next downside target at $97,600, at which we could witness unprecedented buying demand. A daily close below $100,000 would confirm a deeper correction, while a break above $103,500 could trigger a short-term rebound towards the $106,000-$108,000 zone.
The decline is likely to continue for now, but this extended sell-off could represent the final leg of the decline, which could pave the way for a significant recovery in Bitcoin price as a quiet long-term buying move begins.
Bitcoin Hyper-HYPER: Is this the next evolution of Bitcoin on the Solana blockchain?
The Bitcoin Hyper network represents a new phase within the Bitcoin Blockchain technical ecosystem. If the Bitcoin blockchain remains the benchmark in terms of security, Bitcoin Hyper adds what it has always lacked: the speed and performance of the Solana blockchain.
This project was created as the first layer 2 network dedicated to the Bitcoin blockchain powered by the Solana Virtual Machine (SVM), combining the stability of the Bitcoin blockchain with the speed of the Solana blockchain. The result: ultra-fast and inexpensive smart contracts, decentralized applications and even the creation of memes, all secured according to Bitcoin’s blockchain standards.
The project has been reviewed by Coinsult and focuses on trust and ensuring scalability as adoption increases. Therefore, it is already the subject of great attention, since its subscription proceeds have exceeded $25.9 million at a price of only $0.013225 currently, before the next expected increase.
Finally, with the growing activity on the Bitcoin Blockchain and the growing demand for efficient Bitcoin-based applications, Bitcoin Hyper emerges as a link between two of the largest technical systems in the crypto sector. If the Bitcoin blockchain is the foundation, then Bitcoin Hyper’s mission is to make that foundation faster, more flexible, and more fun than ever before.
You can buy Bitcoin Hyper here
The post Bitcoin (Bitcoin-BTC) Price Predictions: Tom Lee Expects to Hit $200,000 as BlackRock Launches Exchange Traded Fund (ETF) and AI Trading Success appeared first on Cryptonews Arabic.