Is Bitcoin $89K Drop the Last Buy Chance?

Bitcoin’s dramatic fall to $89,000 early Tuesday has shaken the global crypto market, marking one of the steepest short-term corrections investors have seen in 2025. After briefly dipping below the psychologically important $90,000 level, the world’s largest cryptocurrency has triggered a wave of liquidations, fear-driven selling, and renewed debate about whether this correction represents a temporary setback—or the final major buying chance before the next bull cycle. Among the most vocal optimists is Gemini Co-Founder Cameron Winklevoss, who took to X (formerly Twitter) to claim that this could be the last opportunity to buy Bitcoin at anything near the current levels. Known for his long-term bullish stance, Winklevoss’ comments have poured fuel on an already heated conversation about whether Bitcoin is undervalued or on the verge of a deeper downturn.

With Bitcoin down more than 30% from its all-time high of $126,000 just six weeks ago, the crypto market has been thrown into a whirlwind of speculation, anxiety, and cautious optimism. This report dives deep into the causes behind the crash, the reactions from top financial voices, the behavior of retail investors, and what the future may hold as the Federal Reserve’s shifting stance continues to influence global markets.

How Bitcoin Fell to Its Lowest Level Since February

After months of upward momentum and major gains earlier in the year, Bitcoin’s price reversal has come as a shock to many traders who were expecting a continued surge toward new highs. The sudden drop to $89,420 marks the lowest price point since February, effectively wiping out all the gains Bitcoin accumulated in early 2025. This decline did not happen overnight. It started gradually in early October, when macroeconomic pressures began eating into crypto sentiment. However, the slide intensified this week, fueled by concerns over inflation, interest rates, and the strengthening U.S. dollar. The recent cascade has triggered more than $19 billion in liquidations, putting extreme pressure on leveraged positions and causing widespread market volatility. The broader crypto market has not escaped the impact. In total, more than $1 trillion in crypto market value has vanished during this correction—erasing months of bullish accumulation by institutional and retail investors alike.

Cameron Winklevoss: “This Is Your Final Chance to Buy Bitcoin This Low”

One of the sharpest voices emerging from the crash is Gemini’s Cameron Winklevoss, who believes the market panic is temporary and that Bitcoin’s current price represents a major opportunity rather than a sign of long-term weakness. Winklevoss has long maintained that Bitcoin is the “future of money” and that volatility is simply part of its journey toward global adoption. His latest comments on X were clear: This may be the last time anyone ever sees Bitcoin near the $90,000 range. His optimism stems from several factors:

• Strong institutional demand during the last bull cycle.
• Continued expansion of Bitcoin-backed financial products.
• The belief that long-term holders still dominate supply.
• A conviction that macroeconomic pressures are temporary rather than structural.

To Winklevoss, this downturn is only a momentary dip in an otherwise upward trajectory.

This Dip Won’t Last

Winklevoss is far from alone in his viewpoint. Several prominent Bitcoin advocates, particularly those who have held through previous crashes, argue that the current situation mirrors earlier correction phases seen in Bitcoin’s historic cycles. One of the most well-known voices supporting this argument is Robert Kiyosaki, bestselling author of Rich Dad Poor Dad. Kiyosaki has repeatedly signaled his belief in Bitcoin as a hedge against inflation and fiat instability, and he publicly reinforced his stance following the latest market crash. Kiyosaki emphasized that he will not sell any of his Bitcoin holdings and that he plans to buy even more while the price remains depressed. His reasoning is simple: he believes fiat currencies are weakening long-term, and Bitcoin’s limited supply protects it from the inflation risks plaguing traditional money. For investors like him, the price drop is not a warning sign—it’s an invitation.

Retail Traders Panic as More Than 148,000 BTC Sold at a Loss

While institutional investors and long-term holders remain relatively confident, the same cannot be said for retail traders. Crypto wallets associated with small-scale holders showed a massive wave of panic selling on November 14, when over 148,000 BTC were sold at a loss as fear gripped the market. This was not a slow, steady decline—it was a stampede. The largest selling pressure occurred when Bitcoin dropped below $100,000, a number many retail traders viewed as a crucial psychological barrier. Once that threshold was broken, traders who bought in the $102,000 to $107,000 range began to sell off, fearing that a deeper crash might follow. An analyst monitoring blockchain activity summarized the situation:

“Retail is clearly shaken.”

The analyst explained that Bitcoin’s drop below key support zones forced many “weak hands” out of the market, creating a feedback loop of selling that accelerated the crash. When short-term investors panic, volatility increases—and that’s exactly what happened.

Federal Reserve Pressure

Beyond market sentiment and investor behavior, macroeconomic events have played an enormous role in Bitcoin’s recent troubles. Over the past few weeks, hopes for a December Federal Reserve rate cut have weakened significantly. Initial projections earlier in the year suggested rate cuts were likely as inflation cooled. However, recent data shows:

• Inflation is rising again.
• The U.S. dollar is gaining strength.
• The probability of a December rate cut has fallen below 50%.

This has major implications for risk assets like Bitcoin. Higher interest rates generally strengthen the dollar and weaken speculative investments, including cryptocurrencies. When borrowing costs rise, traders pull back from high-risk assets. The mere possibility that the Federal Reserve may delay cuts into next year is enough to sour market sentiment, contributing heavily to Bitcoin’s recent slide.

Forced Selling May Be Coming If Prices Drop Further

Analysts warn that if Bitcoin dips below additional support levels, large holders—including corporate crypto treasuries—may be forced into liquidation. Many of these entities purchased Bitcoin during earlier bull cycles, and while they remain profitable, a deeper decline could threaten their liquidity positions. Forced selling often leads to:

• Larger liquidation cascades
• Strong downward pressure
• Sudden sharp drops

This is one reason why Bitcoin’s movement near the $90,000 level is being watched so closely.

Not Everyone Is Selling

In a surprising move, institutional entity Strategy added more Bitcoin to its holdings during the crash. This is viewed by many analysts as a sign of confidence that the correction is temporary and that Bitcoin still holds strong long-term potential. Such purchases send a message to the market: despite fear-driven selling, institutions continue to buy, reinforcing the long-term bullish narrative.

Shift in Capital

According to Dan Tapiero, founder of 50T Holdings, part of Bitcoin’s lost momentum may come from a gradual shift in investment preferences. Tapiero noted that some capital that previously flowed into Bitcoin is now moving toward:

• Stablecoins
• Real-world asset (RWA) tokenization projects
• Yield-bearing digital instruments

These assets offer stability or passive earnings—two traits that become especially attractive during volatile periods. Tapiero believes this does not undermine Bitcoin’s long-term function but reflects a diversification trend within digital finance.

Vincent Liu: “Bitcoin Is Still Digital Gold”

Despite swirling fears and market chaos, not everyone believes Bitcoin has lost its shine. Vincent Liu of Kronos Research reinforced his long-standing belief that Bitcoin remains “digital gold”, a modern store of value that will continue to appreciate over time despite short-term volatility. Liu emphasizes that Bitcoin’s fundamental properties—scarcity, decentralization, and increasing institutional adoption—remain intact. Temporary price drops, he argues, do not change Bitcoin’s role in the evolving global financial system.

A Market Divided but Hopeful as Bitcoin Navigates a Critical Moment

Bitcoin’s fall to $89,000 marks one of the most dramatic corrections of the year, wiping out more than a trillion dollars from the crypto market and triggering panic among retail traders. Yet despite the fear and uncertainty, major voices in the crypto space—from Cameron Winklevoss to Robert Kiyosaki—remain firmly bullish, calling this a rare buying opportunity rather than a sign of systemic decline. As investors brace for potential Federal Reserve shifts and gauge Bitcoin’s resilience near key support levels, the market seems torn between caution and optimism. Whether this moment becomes remembered as the last great dip or the start of a deeper downturn will depend heavily on macroeconomic conditions in the weeks ahead. For now, Bitcoin stands at a crossroads—one defined by volatility, opportunity, and the unshakable belief of long-term supporters that its best days still lie ahead.

Disclaimer: CryptopianNews shares this for learning and info only. It’s not meant to be financial or investment advice. Crypto markets change a lot and move quickly. Investing in them can be risky. You should always look into things yourself. Talk to a trained financial advisor before making any choices about investing.