Bitcoin Dips Below $100K Again as Analyst Waves the White Flag – ‘See You in 4 Years’
The bears are again in city, and BTC has dropped under $100,000 for the second time this week as the general market sentiment stays extremely bearish.
This has prompted even a few of the most optimistic analysts to alter their tune on bitcoin, together with Merlijn The Trader, who outlined a vital warning signal that has led to quite a few rejections in the previous and even the begin of a subsequent bear market.
IT’S OVER FOR BITCOIN. SEE YOU ALL IN 4 YEARS.
Same line. Same rejection.
Every cycle seems unstoppable… till this line kills the momentum.This isn’t a breakdown but.
But historical past says: respect the line.Break this, or break down. No in-between. pic.twitter.com/F9S3YV85zf
— Merlijn The Trader (@MerlijnTrader) November 7, 2025
His warning comes as BTC was stopped at simply over $104,000 on Wednesday and pushed south to $100,500 yesterday. The asset managed to stay inside a six-digit worth territory on Thursday, nevertheless it gave in minutes in the past and dipped to $99,700 (on Bitstamp).
This is the second such decline under the coveted $100,000 line this week after the Tuesday crash that pushed it to a five-month low of $99,000. Altcoin Sherpa weighed in on the matter as nicely, suggesting that if the $100,000 help fails to carry, the cryptocurrency might in all probability go to [the] low $90ks minimium.”
Naturally, the altcoins have adopted go well with with notable worth declines. Ethereum is down by over 5% in the previous day and is near breaking under $3,200 as soon as once more. XRP has plunged beneath the $2.20 help after an analogous every day drop. SOL, WBT, and HYPE have skilled an identical corrections.
These risky worth strikes have harmed over-leveraged merchants as soon as once more. More than 220,000 such market members have been wrecked in the previous day, with the complete worth of liquidations rising to virtually $700 million. The single-largest befell on Hyperliquid and was price over $15 million.
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