Bitcoin has just undergone one of its sharpest declines in recent memory, plunging to nearly $80,500. While dramatic, seasoned market participants will recognize that this pullback is modest compared to the 77% crashes seen in previous cycles. The downturn has sparked a mixture of fear and opportunity, with large entities moving aggressively. Over $377 million […]Bitcoin has just undergone one of its sharpest declines in recent memory, plunging to nearly $80,500. While dramatic, seasoned market participants will recognize that this pullback is modest compared to the 77% crashes seen in previous cycles. The downturn has sparked a mixture of fear and opportunity, with large entities moving aggressively. Over $377 million […]

Best Crypto to Buy Now – Bitcoin (BTC) Price Prediction

Best Crypto to Buy Now - Bitcoin (BTC) Price Prediction

Bitcoin has just undergone one of its sharpest declines in recent memory, plunging to nearly $80,500. While dramatic, seasoned market participants will recognize that this pullback is modest compared to the 77% crashes seen in previous cycles.

The downturn has sparked a mixture of fear and opportunity, with large entities moving aggressively.

Over $377 million worth of Bitcoin was accumulated during the sell-off, even as major institutional holders like BlackRock, Wintermute, Binance, and others reportedly offloaded more than $10 billion in Bitcoin, helping drive prices sharply lower.

Market sentiment has flipped to extreme fear, with retail investors reacting far more emotionally than in past cycles. This dynamic opens the door for smart money to capitalize on mistakes made by newer participants.

Crypto Bloodbath Intensifies With Bitcoin Nearing Key Investor Threshold

The total value of the crypto market has fallen by roughly $1.2 trillion over the past six weeks, based on figures from CoinMarketCap. This sharp downturn comes alongside heightened turbulence in stock markets, with major artificial intelligence equities being hit especially hard.

Shares of Hong Kong-listed bitcoin exchange-traded funds (ETFs) were also affected, sliding almost 7% on Friday. Experts note that this pattern points to a wider retreat from high-risk assets.

Bitcoin’s latest decline follows a strong surge earlier in the year, when its price climbed above $120,000 in October due to supportive regulatory news. But a historic crash last month, which triggered $19 billion in liquidations, has left traders cautious and sentiment unsettled.

Market observers are now watching the $80,000 level closely, as it aligns with the average entry price for bitcoin held by ETFs, making it a key point of interest for investors.

Source – Jacob Crypto Bury YouTube Channel

Bitcoin Price Prediction

According to Jacob Bury, Bitcoin’s recent drop to $80,500 marks a 36% correction, and he believes that while a short-term relief bounce is possible, the overall structure looks bearish.

He notes that Bitcoin closing below the 50-week moving average suggests the bull market may be ending, and if the downtrend continues, the price could fall toward the 200-week moving average in the $60,000–$70,000 range.

He also mentions that Bitcoin may not see a new peak this cycle and expects potentially months of sideways or downward movement similar to previous market cycles.

Bitcoin Technical Signals Point to Bear Market, but Experts See Future Rally

Bitcoin’s recent death cross has revived talk about a possible bear market, with the cryptocurrency falling below both its 50-day and 200-day moving averages. This technical pattern, often associated with prolonged downturns, has created divided viewpoints among analysts.

Benjamin Cowen notes that past death crosses have marked local bottoms, adding that if the current cycle is still intact, Bitcoin should begin a rebound within the next week.

If no rebound appears, he expects another drop before a larger move back toward the 200-day SMA, which could form a macro lower high.

Ted Pillows mentioned that Bitcoin nearly touched $81,000 and must reclaim $88,000 soon to avoid sliding toward its April lows.

On November 21, Peter Brandt, known for his accurate calls on Bitcoin tops and bottoms, shared a striking long-term projection.

He stated that the latest crash is the best thing that could happen for Bitcoin and believes the price could reach $200,000 in the next bull market, with the move expected around Q3 2029.

With differing outlooks from analysts, Bitcoin’s next major move will depend on how the market reacts in the coming weeks. For now, all eyes remain on whether Bitcoin rebounds toward key resistance levels or confirms a longer bearish phase as the cycle continues to unfold.

Why Analysts Believe This New Crypto Could Thrive Amid Market Turmoil

Despite the turmoil, the market remains rich with opportunity for those who can manage volatility. Investors are now turning to early-stage presales such as Bitcoin Hyper (HYPER), which recently surpassed the $28 million funding mark.

Bitcoin Hyper is an upcoming layer-two project on Bitcoin that combines Solana’s speed and flexibility with Bitcoin’s security, supporting decentralized applications and token creation fully integrated with the Bitcoin network.

Analysts suggest that new hyped cryptos like Bitcoin Hyper may perform well even during a broader market downturn, as their launches can generate rapid price movements independent of the overall market.

The token is expected to launch in the first quarter of 2026, with opportunities to buy and stake early, offering potential rewards for long-term holders. At the time of writing, the $HYPER token is priced at $0.013315 and can be acquired using a bank card or crypto via the Best Wallet app.

Its growing community and anticipation position it as one of the most notable layer 2 projects in the crypto space. Early adoption and participation could be key for investors seeking exposure to emerging blockchain technology.

Visit Bitcoin Hyper

This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.

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