In the last week, Bitcoin lost the $100,000 support zone, marking another drastic turn in an extensive correction phase. Since then, prices have traded as low as $94,700 as the premier cryptocurrency strives to find market stability. Amid rising speculations on the current status of the crypto bull run, market expert Ali Martinez shares a technical analysis that may yet confirm many investors’ fears. Related Reading: Massive Bitcoin Bid Walls Spotted On Binance: Bulls Step In With 2,800 BTC Cluster 1,064-Day Cycle Hints Bitcoin Bull Rally May Be Over Since hitting a new all-time high of $126,000 in early October, Bitcoin slipped into a heavy correction phase, losing 24.66% of its market value in the last five weeks. The cryptocurrency has also decisively fallen below the $100,000 psychological support zone, driving a surge of negative sentiments as short-term investors now sit in losses. Interestingly, renowned market pundit Ali Martinez shares historical data that supports most negative postulations of a budding crypto winter. The analyst explains that the Bitcoin bull market has maintained a fixed number of 1,064 days across the last two market cycles. For example, after reaching a cycle bottom of $166 in January 2015, Bitcoin embarked on a 1,064-day bull rally before registering a market top around $20,000 in December 2017. In the following cycle, the premier cryptocurrency picked up from $3,120 in December 2018 and surged to nearly $69,000 in November 2021 to complete another 1,064-day cycle. Following Bitcoin’s cycle low of $15,500 in November 2022, Martinez observes that the asset reached its most recent all-time high of $126,198 exactly 1,064 days later. Based on this timing pattern, he suggests that Bitcoin may have already topped and recent corrections could mark the early stages of a market winter. Related Reading: This Analyst Called The Bitcoin Crash Below $20,000 In 2021, He’s Back With A Shocking Prediction For Solana A Bullish Revival Hope? While Martinez’s prediction is grounded in strong historical patterns, investors should recognize that the current market cycle is fundamentally different from previous ones. Institutional participation is significantly higher, highlighted by the rise of Bitcoin spot ETFs and the growth of Bitcoin-holding treasury companies. At the same time, clearer regulatory frameworks across Asia, Europe, and the United States continue to strengthen credibility and accelerate mainstream adoption. These structural changes suggest that Bitcoin may not follow past cycle behavior as closely as before. At press time, Bitcoin trades at $94,650 following a 5.59% price fall in the last day. In the last month, the premier cryptocurrency has been down by 14.61% underscoring the significant selling pressure in the present market. Featured image from iStock, chart from Tradingview
Bitcoin (BTC) continues to lose momentum, as the flagship cryptocurrency fell to $103,528 earlier today amid an increasingly uncertain global macroeconomic outlook. Fresh data from Binance suggests that BTC is currently undergoing a critical transition phase within its price cycle. Bitcoin Fall Continues – When Will Bloodbath End? According to a CryptoQuant QuickTake post by contributor Arab Chain, Bitcoin is currently undergoing an important transition phase within its market cycle. The Bitcoin Cycle Phase Score recently entered negative territory, in tandem with a decline in BTC’s price from $124,000 to around $107,000 within 24 hours. Related Reading: Bitcoin Market Feels “Too Efficient” As Arbitrage Opportunities Vanish – What It Means For Price? The Cycle Phase Score combines market trend and short-term momentum (Z-Score) to show Bitcoin’s current phase. Positive values indicate upward momentum, while negative values signal short-term weakness or a correction. The decline in the Cycle Phase Score shows that the BTC market has lost some of its upward momentum that benefited it during the first two weeks of October. The transition to negative territory shows the start of a structural correction phase, following weeks of consecutive gains. The analyst explained that a trend_signal of -1 confirms that BTC’s price has tumbled below the 200-day moving average. It is likely to trade below this metric until it can decisively break through the $106,780 level. Similarly, a negative Z-score shows that Bitcoin’s price is trading significantly below its short-term average, further confirming the dominance of short-term selling pressure. Arab Chain added: Analytically, this movement can be viewed as a rebalancing phase within the ongoing cycle, rather than the start of a long-term downtrend. The current pullback follows a strong period of price expansion, which is often followed by a temporary pause in momentum before the main trend resumes. Arab Chain concluded by saying that if BTC’s price finds stability above $105,000 in the coming days, then the Cycle Phase Score indicator may re-enter the positive region again. Such a development could signal the end of the ongoing price correction phase. Will BTC Fall Below $100,000? As BTC trades close to the mid $100,000 level, fears are rising in the market that the digital asset may fall below the psychologically important $100,000 mark. Further, on-chain data is not particularly encouraging, as the Bitcoin network activity recently crashed below the 365-day average. Related Reading: Bitcoin’s On-Chain Roadmap Shows $111,000 – $143,000 As The Range To Watch In addition, crypto analyst CryptoBirb recently stated that the current BTC bull cycle is likely coming to an end. The analyst remarked that Bitcoin is almost 99.3% through its current cycle. That said, whale accumulation of BTC is showing no signs of slowing down. Companies added a total of 176,000 BTC to their treasuries during Q3 2025. At press time, BTC trades at $105,484, down 5.1% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com