Bitcoin experienced a significant 26% drop after crypto influencer Ansem's bullish prediction failed to materialize. In October 2025, Ansem shifted his stance from bearish to bullish, suggesting Bitcoin could see substantial gains if it closed weekly above $120,000. However, the market reacted negatively, leading to a sharp price correction. Ansem's forecast, which anticipated Bitcoin reaching a market cap increase of over $12 trillion, was met with skepticism as the cryptocurrency's price fell instead. This incident underscores the volatility of the crypto market and the impact influential figures can have on market sentiment. Additionally, Solana also missed its predicted target of $250, adding to the market's uncertainty.