The recent Bitcoin price crash below the $100,000 psychological level has fueled a new wave of bearish predictions, yet not everyone is convinced that a deeper decline is imminent. While many traders expect a correction to $92,000, one analyst has rejected the idea of a price breakdown, insisting that Bitcoin still has unfinished upside potential before any significant retracement Why The Bitcoin Price Won’t Decline To $92,000 Crypto analyst @YazanXBT has become one of the loudest voices negating the increasingly popular $92,000 crash target for Bitcoin. The analyst took to X social media on November 13 to inform the crypto community that, rather than a drop to $92,000, BTC is gearing up for a new all-time high of $145,000.  Related Reading: Here’s When The Next Bitcoin Parabolic Phase To $297,092 Will Begin The analyst backed up his bullish projection by pointing to a similar moment during BTC’s previous bear market bottom. He stated that at the time, many people were certain that the Bitcoin price would fall to $12,000 or even $10,000. But instead, the cryptocurrency bottomed at $15,800 before staging one of its strongest price recoveries ever. Essentially, @YazanXBT’s message implies that mass bearish consensus is often a signal that the opposite outcome is more likely.  In response to his X post, a crypto community member argued that Bitcoin still has an unfilled Chicago Mercantile Exchange (CME) gap at $92,000. They noted that, based on historical behavior, BTC tends to fill CME gaps before making new highs, implying that a crash is imminent. @YazanXBT dismissed the bearish outlook, reiterating that Bitcoin is much more likely to rally to $145,000 before any pullback to fill the $92,000 CME gap. Notably, a surge to $145,000 would require Bitcoin to break out of its current bearish pressures and climb roughly 50% from where it stands. After seeing weeks of capitulation and massive price declines, BTC is now trading slightly above $96,000, showing no apparent signs of a rebound.  Analyst Claims BTC Crash Looks Like Manipulation  Crypto market expert @CottonXBT shared a detailed price chart, which highlighted Bitcoin’s drop below $97,000 this week. The chart layout, featuring sharp sell-offs and rapid wicks, has led him to call the recent price dip a possible sign of manipulation rather than a genuine trend reversal.  The analyst stressed that this type of price action often occurs when large players attempt to shake out retail investors before driving the market higher again. He urges investors to ignore the Fear, Uncertainty, and Doubt (FUD) and buy more BTC.  Related Reading: Popular Crypto Trader Reveals Why Bitcoin Price Is Still Crashing Similarly, other market watchers are interpreting Bitcoin’s pullback as a rare opportunity to accumulate below the $100,000 mark. Simon Dixon, the CEO and co-founder of the online investment platform BnkToTheFuture, urged investors to take advantage of current low levels, noting that they will be getting more BTC for their “fiat shitcoin.” Featured image from Pixabay, chart from Tradingview.com

أدت الانخفاضات الأخيرة في سعر البيتكوين تحت مستوى 100,000 دولار إلى زيادة في التوقعات السلبية، حيث يتوقع العديد من المتداولين انخفاضًا إلى 92,000 دولار. ومع ذلك، فقد رفض المحلل @YazanXBT هذه الفكرة، مؤكدًا أن البيتكوين مستعد لتحقيق ارتفاع قياسي جديد يصل إلى 145,000 دولار. في 13 نوفمبر، أبلغ يازان إكس بي تي مجتمع العملات المشفرة أنه بدلاً من الانخفاض إلى 92,000 دولار، فإن البيتكوين يستعد لحركة صعودية كبيرة. تدعم هذه النظرة المتفائلة الأنماط التاريخية التي لوحظت خلال أدنى مستويات السوق الهابطة السابقة، حيث كانت المشاعر المماثلة سائدة. تشير ثقة المحلل إلى أن البيتكوين لا يزال لديه إمكانات للنمو قبل أي تصحيح كبير.

La reciente caída del precio de Bitcoin por debajo de los 100,000 dólares ha provocado un aumento en las predicciones bajistas, con muchos traders esperando una caída a 92,000 dólares. Sin embargo, el analista @YazanXBT ha rechazado esta idea, insistiendo en que Bitcoin está preparado para alcanzar un nuevo máximo histórico de 145,000 dólares. El 13 de noviembre, YazanXBT comunicó a la comunidad cripto que, en lugar de caer a 92,000 dólares, Bitcoin se está preparando para un movimiento ascendente significativo. Esta proyección optimista se apoya en patrones históricos observados durante los mínimos de mercados bajistas anteriores, donde sentimientos similares eran comunes. La confianza del analista sugiere que Bitcoin aún tiene potencial de crecimiento antes de cualquier corrección importante.

La récente chute du prix du Bitcoin en dessous de la barre des 100 000 $ a entraîné une vague de prévisions baissières, de nombreux traders prédisant une baisse à 92 000 $. Cependant, l'analyste @YazanXBT a rejeté cette prévision, affirmant que le Bitcoin est prêt pour un nouveau record historique de 145 000 $. Le 13 novembre, YazanXBT a informé la communauté crypto que, plutôt que de tomber à 92 000 $, le Bitcoin se prépare à un mouvement significatif à la hausse. Cette perspective optimiste est soutenue par des modèles historiques observés lors des précédents creux de marché baissier, où des sentiments similaires étaient présents. La confiance de l'analyste suggère que le Bitcoin a encore un potentiel de croissance avant toute correction majeure.

The recent drop in Bitcoin's price below the $100,000 mark has led to a surge in bearish forecasts, with many traders predicting a decline to $92,000. However, analyst @YazanXBT has dismissed this prediction, asserting that Bitcoin is poised for a new all-time high of $145,000 instead. On November 13, YazanXBT communicated to the crypto community that rather than falling to $92,000, Bitcoin is preparing for significant upward movement. This bullish outlook is supported by historical patterns observed during previous bear market bottoms, where similar sentiments were prevalent. The analyst's confidence suggests that Bitcoin still has potential for growth before any major corrections occur.

Bitcoin Price Won’t Crash To $92,000, Here’s Why

Lower adjusted net asset value multiple means Strategy can no longer issue equity at a premium, threatening its long-term plan to accumulate more bitcoin, analyst Brett Knoblauch wrote.

شهدت أسهم Strategy انخفاضًا كبيرًا، مما دفع Cantor إلى خفض هدفه السعري بسبب انخفاض مضاعف القيمة الصافية للأصول المعدلة. وأشار المحلل بريت كنوبلاخ إلى أن هذه الحالة تمنع Strategy من إصدار الأسهم بسعر أعلى، مما يهدد خططها طويلة الأجل لتجميع المزيد من البيتكوين.

Las acciones de Strategy han experimentado una fuerte caída, lo que llevó a Cantor a reducir su objetivo de precio debido a un múltiplo de valor neto de activos ajustado más bajo. El analista Brett Knoblauch destacó que esta situación impide que Strategy emita acciones a una prima, poniendo en peligro sus planes a largo plazo para acumular más bitcoin.

L'action de Strategy a connu une forte baisse, incitant Cantor à réduire son objectif de prix en raison d'un multiple de valeur nette d'actif ajustée plus bas. L'analyste Brett Knoblauch a souligné que cette situation empêche Strategy d'émettre des actions à un prix supérieur, mettant en péril ses plans à long terme d'accumulation de bitcoin.

Strategy's stock has experienced a significant decline, prompting Cantor to reduce its price target due to a lower adjusted net asset value multiple. Analyst Brett Knoblauch highlighted that this situation prevents Strategy from issuing equity at a premium, jeopardizing its long-term plans to accumulate more bitcoin.

Strategy Stock Still a Buy at Cantor After Plunge Forces Major Price Target Cut

The experience, which is designed to feel like Venmo or Cash App, allows users to earn yield on bitcoin (BTC) and stablecoins and borrow against their holdings.

تعاونت Blockdaemon وVerifiedX لإنشاء تجربة مالية لامركزية (DeFi) سهلة الاستخدام وذاتية الحفظ، تشبه تطبيقات الدفع الشهيرة مثل Venmo وCash App، مما يتيح للمستخدمين كسب عائد على البيتكوين (BTC) والعملات المستقرة مع إمكانية الاقتراض مقابل ممتلكاتهم.

Blockdaemon y VerifiedX han formado una alianza para crear una experiencia de finanzas descentralizadas (DeFi) fácil de usar y auto-custodiada, similar a aplicaciones de pago populares como Venmo y Cash App, que permite a los usuarios ganar rendimiento en bitcoin (BTC) y stablecoins mientras piden prestado contra sus tenencias.

Blockdaemon et VerifiedX ont formé un partenariat pour créer une expérience de finance décentralisée (DeFi) conviviale et auto-custodiale, similaire à des applications de paiement populaires comme Venmo et Cash App, permettant aux utilisateurs de gagner des rendements sur le bitcoin (BTC) et les stablecoins tout en empruntant contre leurs avoirs.

Blockdaemon and VerifiedX have partnered to create a user-friendly, self-custodial decentralized finance (DeFi) experience, akin to popular payment apps like Venmo and Cash App, enabling users to earn yield on bitcoin (BTC) and stablecoins while borrowing against their holdings.

Bitcoin Price Won’t Crash To $92,000, Here’s Why

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