Bitcoin Takes a Nosedive Below $100K: Analysts Predict a Chase for $72K-Grab Your Popcorn! 🍿

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In an event that surprised approximately no one who owns a keyboard, Bitcoin has decided to throw a tantrum and tumble below the shiny, truth-stretching $100,000 mark for the first time since a distant and mostly forgotten June 2025. Over $1.8 billion in liquidations-yes, billion with a B-got swept away faster than your last paycheck in a heads-I-win, tails-I-lose crypto casino. Meanwhile, Cryptoquant’s head of research, Julio Moreno, warlocks his crystal ball and warns that the coin’s likely to nosedive as low as $72,000 within a month or two. Happy days! 🎉

Bitcoin Price Crash Below $100K Level

Once upon a recent October, Bitcoin was king of the hill, hitting an all-time high of $126,000-impressive enough to make even the most hardened hodler do a double take. Now, it’s decided to take a dive-down a hefty 20% to be exact-showing that the crypto markets are as unpredictable as a squirrel on espresso. Rumors of more decline swirl around, probably in the style of a particularly gloomy weather forecast.

Moreno points out that demand has been throwing a cryptic tantrum since the October 10 liquidation event, which erased over $20 billion in leveraged positions-talk about a digital drowning. “Spot demand has contracted, ETF inflows turned negative, and our Bull Score Index remains deep in bearish territory,” he ominously predicted, sounding like a weather vane caught in a hurricane of financial despair.

Meanwhile, other cryptocurrencies, which are basically Bitcoin’s restless cousins, followed suit, with the GMCI 30 Index plummeting over 9% in a single day-markets are basically playing a game of “Who Can Fall Faster?”

Macro and On-Chain Pressure Builds

Moreno’s crystal ball suggests this all fits into a broader “risk-off” mood-meaning everyone is suddenly scared of their own shadow or something equally terrifying. Hopes of Federal Reserve rate cuts have cooled faster than a popsicle in January, and issues surrounding global trade and credit markets are making everyone clutch their wallets tighter than a miser with a treasure map.

If Bitcoin can’t keep its shiny head above the $100,000 waterline, it might drown all the way down to $72,000 within a couple of months. Because why not? It’s the new crypto reality show.

Adding a dash of gloom, Gerry O’Shea from Hashdex mentions that fears about tighter monetary policy and profit-taking by long-term holders are weighing down the market’s mood. But don’t worry, he assures us that $100,000 is just a “psychological level”-like the number of fingers a pirate might have, or how many steps it takes to get to the fridge.

Veteran Trader Sees Deeper Drop Ahead

In a twist worthy of a Friday evening thriller, veteran trader Captain Faibik has spotted a rising wedge pattern-because nothing says “upward trend” like a pattern that screams “get ready for a free fall.” He’s now decided he’s “no longer bullish” on Bitcoin for the next half-year or so and forecasts a potential plummet toward $72,000, with a terrifying peek at $55,000 if the stars align-or if support crumbles under the weight of investor despair.

“$BTC is on the verge of a massive Rising Wedge downside breakout on the weekly chart. When I first shared this setup, many scoffed
 but now, guess what? It’s playing out like a Hollywood disaster movie. I’ve officially stopped being bullish for the next 6-8 months.” – Captain Faibik (@CryptoFaibik) November 4, 2025

He added, “When I first shared this setup, many ignored it-probably because they were too busy shopping for bunker supplies. But now? Well, Bitcoin’s recent dip to around $98,892 matches my earlier gloomy forecast, and it’s currently trading slightly higher at about $101,730, which is just a tiny bounce from its tumble.”

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2025-11-05 11:38