Nov 4, 2025
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Bitcoin Analysts Predict Price Drop Below $100,000 Amid Bearish Pattern
Bitcoin is experiencing bearish pressure, with its price fluctuating around the $110,000 support level. Predictions suggest a potential crash due to continued weakness.
Head And Shoulders Pattern
- Crypto analyst Toby Dawson highlights a bearish Head and Shoulders pattern on Bitcoin.
- The left shoulder formed at approximately $117,000 in September.
- The head developed after a rise above $126,000 followed by resistance.
- The right shoulder emerged during a rally towards $117,000 in late October.
- A breakdown may lead Bitcoin to fall below $100,000, possibly reaching $90,000.
Market Concerns
- Another analyst predicts a significant Bitcoin price decline post the $126,000 peak.
- The focus is on the 1-week 50 EMA and $100,000 support as critical defense lines.
- If these supports fail, Bitcoin may fall deeply into the $80,000 range before stabilizing.
