What’s Next for Bitcoin’s Price: Sub-$100K Dump or Launchpad in Disguise?

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 ￰0￱ contrast, the expectations for November, based on historical performance, have been quite bearish , and so far, they have come to ￰1￱ dumped 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. Now, analysts debate on X whether this is the beginning of the end or just another buy-the-dip ￰2￱ Bull Corner Merlijn The Trader believes in the bounce-off narrative, indicating that BTC is simply repeating the 2017 crash ￰3￱ noted that the five phases of market activity are identical, including the blow-off top and the emotional ￰4￱ warned that max pain might arrive in the short-term, but concluded that this is expected and it’s not ￰5￱ fact, he categorized the current market-wide correction as “the launchpad in disguise.” BITCOIN IS REPEATING THE 2017 CRASH SETUP Same 5 ￰6￱ blow-off ￰7￱ emotional ￰8￱ stage has played ￰9￱ 5: Prepare for max pain This isn’t capitulation.

It’s the launchpad in ￰10￱ — Merlijn The Trader (@MerlijnTrader) November 4, 2025 In a different tweet, Merlijn warned that more volatility is coming due to the formation of the tightest squeeze in BTC’s history: “Every major Bitcoin rally began here: – Tight bands – Fakeout – Explosive upside Bitcoin is at the tightest volatility point in ￰11￱ isn’t noise, this is the calm before chaos.” The Crypto Dog said the ongoing correction pales in comparison to price crashes during the previous ￰12￱ noted that this cycle is “just boring,” and added that they are not stressed. Sub-$100K Corner 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 people to get used to the idea ￰13￱ also warned that the current BTC landscape looks “grim,” but it will only worsen if the cryptocurrency falls into a five-digit price ￰14￱ warned that if bitcoin fails to defend this area, it could enter “a couple of months of hibernation once again.” Looking grim for #Bitcoin ATM, but will look magnitudes worse if we lose $100k. Must defend area, or we’ll go into a couple months of hibernation once ￰15￱ — Jelle (@CryptoJelleNL) November 4, 2025