Bitcoin Forum

Bitcoin is currently at 85k and from the monthly chart, it shows strong bearish momentum with two strong bearish engulfing candles, refer to the screenshot below 👇

https://www.talkimg.com/images/2025/11/21/UPi22g.jpeg (https://www.talkimg.com/image/UPi22g)

Now, when I go down to the weekly timeframe, I realized that price action bounced back after filling up an unmitigated fair value gap (FVG). And from the chart below, you can clearly see another unmitigated FVG around the 98k mark which I'm predicting price to quickly retest before reversing downward.

https://www.talkimg.com/images/2025/11/21/UPia1d.md.jpeg (https://www.talkimg.com/image/UPia1d)

Is my prediction of Bitcoin probable price action correct? If you have any opinion, please drop it.

can see the picture, let me quote it for you...
This is just my contribution. I’ll let the experts look at this and drop their opinion. I also want to learn if it’s really possible to reach that level again, because deep inside I don’t think it’s happening this year. In fact, the price might still go lower. Maybe around $70k.

I’m not an expert but we all knew that Bitcoin always have price rally once the support was already established. We don’t know what’s the exact price it will bounce but it always retest the ATH which means 100K is not the major wall for the retesting of the price since we already have 126K set as ATH.

There’s always a strong price action whenever price hit a round number either 100K, 90K, 80K and so on. So all this price mentioned is always subject for retesting once they are broken.

It's possible that area you pointed out is the low-volume area of the May, June, and July volume profile. If the price reacts at that target zone, it's possible that's the last pump before going to drop. The seller is still in control. Using the previous data, we are using them to determine possible retracement, and it is also under the 50% Fibonacci level or near the golden zone area.

I might predict a bit of liquidity grab at that area before it goes down.

In a shorter time frame we are currently at the bottom of the trend with consecutive weekly CVD drops.
We might experience a bit of retracement here during the weekend, but still no signs of reversal yet to see your prediction happen.

https://talkimg.com/images/2025/11/21/UPi31l.jpeg

Whatever we want to do when it comes to predicting the price of Bitcoin, the odds will always be 50-50.

Your prediction might be correct, or it might not. For me though, I'm kind of agreeing with what you said. Not exactly $100,000 for me though, but Bitcoin might try to retest that 50 Weekly MA which sits at near $100,000, but that will change in the following weeks. That for me is a strong resistance, and the moment that we see Bitcoin touching that line, I'm going to enter a short position and will hold it for months. That's my plan, and as for my Bitcoins that I'm holding, I'll be also selling at that point as well.

I guess it's time for us to accept that $126,000 is the peak of this bull run cycle. :) I predicted $130,000 and even $140,000, but it didn't happen. As always, I failed again. :D

Current downtrend of bitcoin, its huge correction over 30% bitcoin down since hit ATH around $125k and recent lower price almost $80k. I think has many factor make bitcoin huge decreasing after existing at higher price for longer time its normal moment for bitcoin going back to lower price although huge decreasing. Another side why bitcoin difficult break out again due panic moment still facing by holder due few percent bitcoin break to higher price always decline and going down due many people priority for selling bitcoin than holding it.

For me, its good area to buy bitcoin current lower price have dip $80k and hold it around few weeks later although at the end year many people will sell bitcoin for taking holiday and Christmas moment one month later. Remember well with the top quote, If you can't hold, you won't be rich.

Usually we will need to wait until the dust settle then bitcoin can climb up slowly to retest resistance.

The things that make the current dump worse than it should be is fud about microstrategy selling and blackrock clients dumping bitcoin. Once dust settle and we've gone through this phase we'd see the turn of the tide.

I'm been waiting for the dust to settle, it's kinda hard to predict the potential bottom, so doing dca while it's going down can be a good averaging too. You think it can touch the 70k level range? That's gonna be so deep if ever the case. But still a good entry for anyone wanted a cheaper price of bitcoin.

Nothing is impossible when it comes to the bitcoin market price performance, a sudden breaking news may come out today and render the whole atmosphere in reactions and this may lead to more fall or rise, however, when we also go by the indications received from the market analysis, we can see that its likely to maintain the steady hold on $84,000 and this new week may be an avenue of pushing the market bullish the more and we see much of its rising than falling till we get to $90,000 or more provided that resistance is weak.

I don't think so. Crossing 100K would give a large resistance just below it.
There are models and predictions that says bitcoin would remain below 100K for some time now and even going as low as 76K but I believe it would stay between 80-90K in most parts of it. Not sure how long it would stay below 100K but a rise above it might mean we'll have another bull.
As of the bull trap you are talking, it surely would come but it could be somewhere near 95K than actual 100. A rise from 80K to 95K would be around 15% increase and a good bull trap for anyone that's highly bullish. For anyone trying to buy, I guess price below 85K is a good deal (its 84K now) and they could just sell a small part of it if the price goes above 90K if they want to accumulate bitcoin if price decrease again.

Nothing is wrong with your analysis and we have been waiting to have a reset even if the price of Bitcoin is going to go down more.
The bmdio is not funny at all and many people had been taken unaware about the intention and how the price of Bitcoin is going to disrupt the whole cryptocurrency market. Have you checked the support price is going to reach before it bounce back for a rest? That should be what you should check based on your analysis and that has been what many holders and traders are hoping to confirm because everyone has their own analysis to check. What ever different Bitcoin will be heading to, wwe ought to see a reversal.

Well I will not argue with your prediction because it might seem right, but do all these analysis work now?

The market have no direction as we speak, this can be the right part to follow before the full bear market but it can go otherwise because whales are taking control of the market and they make investment to move the market anytime they want.

I also think it will retrace back to at least $95-100k before the full bear market, so let’s keep some money to buy Bitcoin when the market go down again during the bear market.

Bitcoin is at a monthly support level which can hold price to engineer a retest of $100k despite the bearish momentum. If that happens, it does not mean that the bears have left the market but just a way the market vibrates to attract traders who will lose money jumping into a buy thinking that the market have completed its assignment on the downside. When price eventually returns to break the $84k support level, the next stop will be 2021 high of $69k Which was not properly retested before the market went to $100k.

For me, I cannot confirm your prediction for the short term because the market situation will continue as we are currently experiencing.

December will also remain unchanged if sales remain high. For those hoping that the current situation will end, patience is needed, and opportunities to buy should continue to be utilized. If buying actions are consistently taken, even if not in large quantities, then people are acting correctly to return to the price support level that allows for another rise.

The price of Bitcoin bouncing back to $100 is possible because the bitcoin market drives purely on speculation and such a move might fulfill the psychological, technical and cyclical expectations of a bull market peak after following a bullish run just after 2024 halving event.
This current market drop in price would have to be corrected at some point because the drop from a third eye point of view is the markets mechanism that will ensure it corrects the inevitable overextension and euphoria of the Bitcoin market and it is happening already.