Bitget App
Trade smarter
MarketsTradeFuturesEarnSquareMore
Bitcoin Crash: Analysts Warn of Deeper Downside as Oversold Levels Hit Extremes

Bitcoin Crash: Analysts Warn of Deeper Downside as Oversold Levels Hit Extremes

CryptotickerCryptoticker2025/11/15 15:51
By:Cryptoticker

Bitcoin 2021 vs. 2025 – A Disturbing Pattern Reappears

When comparing the 2021 and 2025 charts side by side, the similarity is striking.

2021: Double Top → Black Friday → Collapse

  • $Bitcoin formed a broad double top.
  • A sharp correction around Black Friday marked the start of the major downtrend.
  • What looked like a normal dip eventually turned into a prolonged crash that erased months of gains.

2025: Same Structure, Just at Higher Prices

  • $BTC once again formed a weakening ascending structure.
  • The price tapped the upper trendline and failed — very similar to 2021.
  • The selloff that followed is now accelerating.

If this pattern continues to play out, Bitcoin may only be in the early stages of a larger corrective phase.

Bitcoin Now the Most Oversold Since 2023 — But the Downside May Not Be Over

The weekly RSI shows a rare signal:
Bitcoin is extremely oversold, reaching a zone last seen in 2023.

BTC/USD 1-week chart - TradingView

Historically, such readings have triggered strong reversals — but only after the downtrend exhausts itself.
During heavy crashes, these oversold periods can extend for weeks or months:

  • 2018 breakdown from 6K
  • 2020 COVID crash
  • 2022 post-FTX collapse

This means that while oversold, Bitcoin may still fall further before forming a real bottom.

Bitcoin Chart Analysis: What's Happening to Bitcoin Price

Based on the 4-hour chart:

BTC/USD 4-hour chart - TradingView

1. Loss of the $100,000 support

  • Bitcoin already lost the psychological 100K level convincingly.
  • This triggered a wave of panic selling.

2. Price hovering above the $92,870 support

  • This is the next major structural support.
  • Bitcoin is attempting to stabilize here, but momentum remains bearish.

3. Stoch RSI shows a potential bounce

  • A short-term relief rally is possible.
  • But until higher resistance levels are reclaimed, this is likely just a temporary reaction, not a trend reversal.

Bitcoin Price Prediction: How Low Can Bitcoin Fall?

Based on trend structure, oversold momentum, and historical fractals:

Short-Term Bearish Scenario

If $92,870 breaks:

  • $90,000 becomes the next immediate target.
  • Breaking 90K intensifies the crash.

Medium-Term Downside Targets

  • $88,000
  • $82,000
  • $74,000–$78,000 (typical deep-cycle bottom zone)

Bullish Reversal Scenario (less likely right now)

A meaningful recovery starts only if Bitcoin:

  • Reclaims $100,000,
  • Then breaks $106,000 with strong volume.

Until these two levels are recovered, the trend remains decisively bearish.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

Crypto Market Sentiment Hits New Low Since February

Crypto market sentiment dips to its lowest point since February, signaling rising investor caution.What’s Driving the Sentiment Drop?Could a Rebound Be Near?

Coinomedia2025/11/15 17:42
Crypto Market Sentiment Hits New Low Since February

Massive Ethereum ETF Outflow: $177M Pulled Out

Ethereum ETF sees $177M outflow in a day as BlackRock dumps $173M worth of ETH.What This Means for Ethereum InvestorsMarket Reactions and What’s Next

Coinomedia2025/11/15 17:42
Massive Ethereum ETF Outflow: $177M Pulled Out

Memecoins Struggle in Q4 Crypto Market Slump

Memecoins take a hit in Q4, becoming the worst-performing sector in the crypto market. What's behind the decline?What’s Behind the Decline?What Lies Ahead for Memecoins?

Coinomedia2025/11/15 17:42
Memecoins Struggle in Q4 Crypto Market Slump