Bitcoin Faces Potential 50% Crash—But Analysts Say The Fear Is Overblown

Bitcoin’s recent wobble has split ￰0￱ warn of a deep pullback while onchain trackers point to a mild correction that could already be ￰1￱ Reading: XRP On Fire: Over 21,000 New Wallets Appear In 48 Hours Traditional Analysis Shows Risk According to Bloomberg analyst Mike McGlone’s post on X, the move under $100,000 may not be ￰2￱ called a fall from recent highs a possible “Speed Bump Toward $56,000,” and said that past rallies often reverted toward the 48-month moving average, now near $56,000. That view implies the potential for a sharp drop — almost 50% from recent peaks — if the current downtrend keeps going. Short, stark statements from established market commentators have pushed concern among some ￰3￱ Signals Point To A Milder Decline Reports have disclosed data from Glassnode and XWIN Research Japan that paint a different ￰4￱ slipped to $99,000 on Nov. 4, the first time in over four months it fell below the $100,000 mark, but it later recovered to around $101,500, according to Coingecko. $100,000 Bitcoin – a Speed Bump Toward $56,000?

“Look at the chart” has been a mantra from Bitcoin bulls, but the market gods can refresh humility when prices stretch too ￰5￱ with humility is mean reversion, and my look at the chart shows how normal it’s been for the… ￰6￱ — Mike McGlone (@mikemcglone11) November 6, 2025 Onchain measures such as the Market Value to Realized Value, or MVRV, have dropped to ranges that in the past marked local ￰7￱ highlighted the Relative Unrealized Loss metric, which currently sits at 3.1%. Readings at this level have historically matched mid-cycle corrections rather than full-blown bear ￰8￱ firm noted losses under a 5% threshold have tended to be orderly revaluations, not panic-driven sell-offs.

Bitcoin: Long-Term Forecasts Are Being Recalibrated Based on reports from ARK Invest, Cathie Wood trimmed her long-term Bitcoin projection by $300,000. She had earlier predicted a $1.5 million top by 2030; the cut implies a new peak target around $1.2 ￰9￱ said competition from stablecoins in emerging markets is reducing some demand for Bitcoin as a store of ￰10￱ move shows that even long-term bulls are adjusting assumptions as the market ￰11￱ Reading: ‘Good News’ Finally Arrives For SHIB Army As Team Unveils New Update Market sentiment is being tested by numbers and by narrative. Short-term price swings have been large, but some key onchain indicators remain within ranges that have not signaled extreme ￰12￱ the same time, notable analysts and venture leaders continue to warn of much deeper ￰13￱ are left to weigh technical patterns, blockchain metrics, and evolving views on demand drivers like ￰14￱ image from Gemini, chart from TradingView