-14.06% for Bitget Token — bears in control despite improved reserve backing

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Bitget Token slips 14.06% today

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Daria Chernytska

11.10.2025

-14.06% for Bitget Token — bears in control despite improved reserve backing — Bitget Token slips 14.06% today

Bitget Token (BGB) is trading at $4.8507, marking a 14.06% decline on the day. The asset is well below both the MA-20 at $5.3157 and MA-50 at $5.0415, but remains above the MA-200 at $4.7038, indicating bearish pressure in the short and medium term, with some long-term support.

BGB price prediction

24H -3.82%

$1.7774

48H -7.65%

$1.7065

7D -11.58%

$1.634

1M -7.53%

$1.7088

3M 11.03%

$2.0518

6M 64.23%

$3.0348

12M 5.53%

$1.9501

Detailed

Current price: $ 1.8479 0.0067 0.36%

Real-time Data 01:54

Daily range 1.8456

1.8553

Weekly range 1.8000

2.0500

Highlights

Bitget Token (BGB) fell 14.06% to $4.8507, trading below the MA-20 ($5.3157) and MA-50 ($5.0415), indicating short-term bearish momentum.
Bitget's Proof of Reserves ratio improved to 186% in October 2025 from 175% in July, supporting expectations for enhanced investor confidence and positive Q4 2025 outlook.
Mixed momentum signals—MACD bullish but RSI, Stoch RSI, and CCI oversold—coupled with a gap down and continued volatility, suggest ongoing selling pressure with possible technical divergence.

Investor confidence improves as reserves ratio rises and upgrades anticipated

Bitget recently reported an improved Proof of Reserves ratio, reaching 186% as of October 2025 compared to 175% in July. This signals stronger asset backing and may enhance investor confidence in the platform. Expectations for Q4 2025 remain upbeat because of anticipated supply reduction and utility enhancements.

Mixed technical signals as downward momentum persists amid high volatility

Momentum signals for BGB are mixed. The daily MACD stays in strong buy territory, but the RSI and Stoch RSI point to selling or oversold conditions, while the CCI shows deeply oversold readings. The BBP suggests that sellers remain dominant on the intraday move, consistent with the sharp daily loss. A gap lower from $5.6444 to $4.9407 at the open, combined with price action near the day's lows and sustained volatility, highlights ongoing selling pressure. The Awesome Oscillator also reinforces the downside trend, while mixed momentum signals point to potential technical divergence.

Volatility-driven consolidation likely as range-bound trading scenario develops

In the short term, BGB is expected to consolidate between $4.5556 and $5.2188 over the next five trading days. A bullish scenario could see a recovery toward resistance at $5.0859 and a test of the range high at $5.2188. Conversely, if BGB falls below the MA-200 at $4.7038, it could trigger further declines toward $4.5556. The baseline scenario favors consolidation above long-term support as the asset digests recent volatility.

Anton Kharitonov, analyst at Traders Union, sees that Bitget Token’s sharp drop below the MA-20 and MA-50 underscores persistent short- and medium-term bearish conditions, despite lingering long-term support above the MA-200 at $4.7038. Improved Proof of Reserves and positive Q4 2025 expectations offer some fundamental backing, but mixed signals from key momentum indicators and dominant selling pressure mean risk is elevated. He believes the baseline scenario favors consolidation, with any move below the MA-200 likely opening the door for additional downside toward $4.5556. "Until BGB convincingly recaptures $5.0415, I remain cautious and would avoid chasing rebounds in this market."

Last time we reported that sector-wide correction drives BGB selloff amid risk-off sentiment. Additionally, technical analysis indicated that downward momentum intensifies as technical signals turn conflicting for the asset.

Source of Data: BGB Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.