The post Bitcoin Dips Under $100K — Is This the Bottom? appeared on BitcoinEthereumNews.com.

Bitcoin is doing that thing again where it reminds everyone it doesn’t care about your hopes, your TA, or your leveraged long. Bitcoin just nuked to four-month lows, slicing through psychological support like it was wet tissue and briefly trading under six figures — yes, under $100K again — tapping ~$99,954 before clawing back above the line. That’s a nearly 6% daily dip, 12% weekly dump, and 18% slide over the last month, which is a fancy way of saying Uptober turned into “Honey, where’s the cold storage?” season. All this after printing fresh ATHs above $126K in early October.  Big round numbers are emotional landmines in Bitcoin. $100K? That’s the psychological equivalent of the “Are we there yet?” moment on a family road trip — and when it snapped, the outflows and liquidations came hard and ugly. Just in the past 24 hours? $1.3 billion in liquidations, with ~$470M from Bitcoin longs alone.  Bitcoin is currently sitting at $101,000, Source: BNC Where’s the Bottom? Traders Betting on $88K–$95K Zone If $100K doesn’t hold, the liquidity desert below is real. If $100K was a trap door instead of a trampoline, prepare yourself emotionally for a slide toward the $88K–$95K neighborhood. And yes, there’s a liquidation heatmap backing that thesis — Hyblock data shows leveraged longs lined up like sitting ducks down to around $88K, with not much liquidity cushioning the ride. Analyst Dave the Wave wrote that “there’s the dip to 100K and the retest of the 1-year moving average. This is a crucial juncture – bulls wanting to see a move up from here, otherwise likely to go into extended consolidation.” Source: X The Melker Doom Model: Lose the 50-MA → Say Hello to 200-MA Scott Melker dropped a historical gut-check: Bitcoin has lost its weekly 50-MA as support…

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Filed under: News - @ November 4, 2025 8:27 pm