Dec 1, 2025
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Bitcoin Drops Below $90,000 Due to Algorithmic Sell-Off
Crypto analysts Nik and Doctor Profit have analyzed the recent drop in the Bitcoin price, which fell below the psychological $90,000 level, generating bearish sentiments.
Reasons for Bitcoin Price Drop
- Nik attributes the drop to a synchronized sell-off by algorithms coinciding with the daily close, marking a new week and month.
- This mechanical behavior led to inventory adjustments and risk flushing from the market.
- Retail investors may have also sold out of panic.
- The sell-off was initiated by time-based algorithms, affecting the broader crypto market.
- Nik emphasizes that market responses are influenced by time as much as price movements.
Liquidity and Future Projections
- Doctor Profit states there's insufficient liquidity for a major crash, predicting sideways movement between current levels and EMA50 around $100,000.
- Short-term liquidity clusters are identified at $97,000 and $107,000.
- Long-term outlook remains bearish, expecting a potential slide to between $70,000 and $75,000 by early 2026.
- Future moves might involve a drop, followed by consolidation, a fake rally, and further declines.
As of now, Bitcoin trades at approximately $85,800, reflecting a decline of over 5% in the past 24 hours, according to CoinMarketCap data.
