Bitcoin Price Might Crash To $95,000 If This Happens

Bitcoin price remained under selling pressure after falling more than 3% in a week. Top analysts predicted BTC price could fall below $110,000 and even $95,000 if a historical pattern repeats.

Bitcoin bulls continue to lose strength amid negative sentiment due to factors, including tariffs-induced inflationary pressure, altcoin season, and concerns over the historical Bitcoin cycle peak.

Analyst Predicts Bitcoin Price Crash to $95,000

As per crypto analyst Ali Martinez’s observations, a 20-30% correction may occur in Bitcoin price triggered by a historical pattern.

This opens up the possibility for a price move down to $95,000 amid negative sentiment and a major selloff.

He explained that BTC price saw a major crash when the weekly RSI dropped below the 14 SMA last two times. Bitcoin has already slipped 6% from the $120,000 level.

Investors have turned cautious, which prompted experts to look at downside risks. Especially after an option trader opened the largest put in Deribit history for the price to fall below $110,000.

Matrixport and CryptoQuant Experts Point to the Key $105K Level

Leading crypto market expert Matrixport also looked at Bitcoin price testing $105,696, the 21-week moving average.

As per the analysis, this level is a reliable indicator of broader trend direction, given that it’s too bearish and early to conclude.

Market consensus remained overly optimistic, but Matrixport’s cautious stance for the last 3 weeks proved accurate.

It recommended investors to stay disciplined and actively manage their BTC exposure. CryptoQuant on-chain data signaled a retest of $105K in the short-term.

Traders need to watch for a large Unspent Transaction Output (UTxO) wall at $105,644, indicating some cost basis and realization around this level.

Moreover, the average cost of UTxOs held for 1 to 3 months was $106,000. Also, the STH-Realized Price showed as $105,350.

Leveraged investors must remain cautious if Bitcoin price moves down toward this level in the short term. Lowering the risk remains key amid macro-related uncertainty and volatility.

Bearish Sentiment Amid Spot Bitcoin ETF Outflows

Long-term holders started exiting the crypto market months ago, considering Bitcoin cycle peak around September-end. Notably, Bitcoin OG Willy Woo liquidated all his Bitcoin holdings.

Recent outflow from Bitcoin investment products, including spot Bitcoin ETFs in the U.S., further worsened sentiment among investors.

Glassnode confirmed outflows interrupted bullish sentiment, turning investors cautious as Bitcoin price.

BTC price gained 0.39% in the past 24 hours. It was trading at $114,265.14 at the time of writing. The intraday low and high were $112,756 and $114,390, respectively.

In the daily timeframe, the price was moving near the 50-SMA (green). If it breaks below, another major selloff could happen.

Whereas the Relative Strength Index (RSI) dropped to 46. It signals a potential for further downside move amid a lack of any bullish trigger.

Meanwhile, the derivatives market showed muted activity continues. The 24-hour BTC futures open interest saw a slight 0.17% jump to $78.62 billion at the time of writing.

The 4-hour BTC futures OI on CME and Binance dropped more than 0.30 and 0.33%, respectively. It signaled that bullish sentiment prevailed among derivatives traders.