The post Bitcoin risks crashing to $80,000 as long bear-cycle signal emerges appeared on BitcoinEthereumNews.com. Bitcoin’s (BTC) new bearish sentiment and historical price movement suggest that the maiden cryptocurrency may be entering a fresh downturn cycle. This outlook, shared by prominent online cryptocurrency analyst TradingShot in a TradingView post on November 11, came as Bitcoin slipped below the $110,000 mark. Analysis of weekly price charts shows that Bitcoin has been testing the crucial 50-week moving average (MA), a historically decisive level in cycle shifts. A sustained close below this indicator has previously triggered deeper corrections. Bitcoin price analysis chart. Source: TradingView The analyst noted that in 2021, Bitcoin peaked roughly seven weeks before U.S. equities, and a similar divergence appears to be unfolding again, with the S&P 500 setting new record highs while BTC retreats. According to the analysis, Bitcoin topped earlier this year near $120,000 and has since formed lower highs and declining RSI peaks, mirroring the setup seen ahead of the 2022 breakdown. TradingShot’s cycle mapping further highlighted a repeating market rotation pattern: the last bull cycle ended with capital flowing out of crypto and into equities, with stocks peaking shortly after Bitcoin. The current setup shows a similar lag, suggesting equities could top out toward late November if the timeline holds. Bitcoin’s next target  If Bitcoin decisively loses the 1-week 50-MA, technical projections point to a possible retest of the 1-week 100-MA near the mid-$80,000 zone and a prolonged consolidation range between these two trend lines.  In the previous cycle, that phase preceded an eventual capitulation move toward the 1-month 100-MA, currently far lower, signaling potential downside risk if the pattern repeats. This bearish outlook comes as Bitcoin briefly fell below the $100,000 level, hitting its lowest price since late June amid a broad crypto-market correction. The sell-off follows the Federal Reserve’s unexpectedly hawkish stance last week, which dampened hopes for an… The post Bitcoin risks crashing to $80,000 as long bear-cycle signal emerges appeared on BitcoinEthereumNews.com. Bitcoin’s (BTC) new bearish sentiment and historical price movement suggest that the maiden cryptocurrency may be entering a fresh downturn cycle. This outlook, shared by prominent online cryptocurrency analyst TradingShot in a TradingView post on November 11, came as Bitcoin slipped below the $110,000 mark. Analysis of weekly price charts shows that Bitcoin has been testing the crucial 50-week moving average (MA), a historically decisive level in cycle shifts. A sustained close below this indicator has previously triggered deeper corrections. Bitcoin price analysis chart. Source: TradingView The analyst noted that in 2021, Bitcoin peaked roughly seven weeks before U.S. equities, and a similar divergence appears to be unfolding again, with the S&P 500 setting new record highs while BTC retreats. According to the analysis, Bitcoin topped earlier this year near $120,000 and has since formed lower highs and declining RSI peaks, mirroring the setup seen ahead of the 2022 breakdown. TradingShot’s cycle mapping further highlighted a repeating market rotation pattern: the last bull cycle ended with capital flowing out of crypto and into equities, with stocks peaking shortly after Bitcoin. The current setup shows a similar lag, suggesting equities could top out toward late November if the timeline holds. Bitcoin’s next target  If Bitcoin decisively loses the 1-week 50-MA, technical projections point to a possible retest of the 1-week 100-MA near the mid-$80,000 zone and a prolonged consolidation range between these two trend lines.  In the previous cycle, that phase preceded an eventual capitulation move toward the 1-month 100-MA, currently far lower, signaling potential downside risk if the pattern repeats. This bearish outlook comes as Bitcoin briefly fell below the $100,000 level, hitting its lowest price since late June amid a broad crypto-market correction. The sell-off follows the Federal Reserve’s unexpectedly hawkish stance last week, which dampened hopes for an…