\n<\/p>\n
The promise of a bullish October materialized only in the first week, when bitcoin skyrocketed to a new all-time high of over $126,000. What followed was an extremely painful month, in which it slumped by twenty grand before it staged some sort of recovery.<\/p>\n
In contrast, the expectations for November, based on historical performance, have been quite bearish<\/a>, and so far, they have come to fruition. BTC dumped<\/a> to a multi-month low earlier today of just over $103,500, which meant a nearly $23,000 decline since the ATH marked less than a month ago.<\/p>\n Now, analysts debate on X whether this is the beginning of the end or just another buy-the-dip opportunity.<\/p>\n Merlijn The Trader believes in the bounce-off narrative, indicating that BTC is simply repeating the 2017 crash setup. He noted that the five phases of market activity are identical, including the blow-off top and the emotional curve.<\/p>\n He warned that max pain might arrive in the short-term, but concluded that this is expected and it’s not capitulation. In fact, he categorized the current market-wide correction as “the launchpad in disguise.”<\/p>\n BITCOIN IS REPEATING THE 2017 CRASH SETUP<\/p>\n Same 5 phases. Every stage has played out. This isn\u2019t capitulation. Brace. Survive. Accumulate. pic.twitter.com\/2bYlPZ5OgB<\/a><\/p>\n \u2014 Merlijn The Trader (@MerlijnTrader) November 4, 2025<\/a><\/p>\n<\/blockquote>\n In a different tweet, Merlijn warned<\/a> that more volatility is coming due to the formation of the tightest squeeze in BTC’s history:<\/p>\n “Every major Bitcoin rally began here: Bitcoin is at the tightest volatility point in history. The Crypto Dog said<\/a> the ongoing correction pales in comparison to price crashes during the previous cycles. They noted that this cycle is “just boring,” and added that they are not stressed.<\/p>\n On the opposite side stands Doctor Profit, who has been calling for a sub-$100,000 price slump for weeks. Now, the self-described “elite trader” added that such a price slide is “a matter of time,” and advised<\/a> people to get used to the idea quicker.<\/p>\n CryptoJelleNL also warned that the current BTC landscape looks “grim,” but it will only worsen if the cryptocurrency falls into a five-digit price territory. Jelle warned that if bitcoin fails to defend this area, it could enter “a couple of months of hibernation once again.”<\/p>\n Looking grim for #Bitcoin<\/a> ATM, but will look magnitudes worse if we lose $100k.<\/p>\n Must defend area, or we’ll go into a couple months of hibernation once again.<\/p>\n pic.twitter.com\/zgGqHcJc6c<\/a><\/p>\n \u2014 Jelle (@CryptoJelleNL) November 4, 2025<\/a><\/p>\n<\/blockquote>\n The post What\u2019s Next for Bitcoin’s Price: Sub-$100K Dump or Launchpad in Disguise?<\/a> appeared first on CryptoPotato<\/a>.<\/p>\nThe Bull Corner<\/h2>\n
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\nSame blow-off top.
\nSame emotional curve.<\/p>\n
\nPhase 5: Prepare for max pain<\/p>\n
\nIt\u2019s the launchpad in disguise.<\/p>\n\n
\n– Tight bands
\n– Fakeout
\n– Explosive upside<\/p>\n
\nThis isn\u2019t noise, this is the calm before chaos.”<\/p>\n<\/blockquote>\nSub-$100K Corner<\/h2>\n
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