- Crypto experts predict Bitcoin next dip, possibly near $104,000, before the next bull run begins.
- The 50-week simple moving average, currently around $102,500, has acted as strong support four times since the bull market began in mid-2023.
- Market watcher Sykodelic suggests a liquidity zone around $104,000, indicating a potential dip.
In a market marked by volatile sentiment and shifty technicals, the flagship cryptocurrency Bitcoin may be gearing up for one more downward thrust before the next major leg higher. A cadre of crypto-market analysts are pointing to levels around $104,000 or even a brief breach beneath $100,000 as a likely last correction — after which, they say, the next bull phase could begin in earnest.
The 50-Week Moving Average
Technical watchers are zeroing in on the 50-week simple moving average (SMA) for Bitcoin as a pivotal line in the sand. According to data compiled from trading platforms, that key average now hovers around $102,500. Historically, this level has acted as a strong support zone since mid-2023. It has been “tested” multiple times and held — and many believe history could repeat.
- Propelled by mid-2023 momentum, Bitcoin found the 50-week SMA to be a reliable bounce point.
- Analysts argue the upcoming drop could take Bitcoin close to that level again — indicating it may warrant being a final low.
One crypto market commentator pointed out the pattern: “Markets often feel worst right before they bounce back.” They referenced past corrections — in April 2025 (where Bitcoin dipped to ~$74,000) and in August 2024 (when it slid to ~$49,000) — both of which preceded strong reversals.
Current Market Dynamics
The market’s current setup suggests a combination of forces at work: lingering leverage, concentrated liquidity zones, and profit-taking from recent highs. One analyst known as “Sykodelic” noted on social media:
“There’s still a lot of leverage in the market and a liquidity zone around $104,000.”
He added:
“I know it’s not what holders want to hear, but it’s very likely that we dip to that level.”
The thought here is that the market needs to flush some excess risk, shake out speculative positions, and clear the decks — before the next leg up. In this view, a dip to around $104K (or the vicinity of the 50-week SMA) plays that role. Complementing this view, another analyst — “Negentropic” — described the potential move as the final stage of correction. He observed that the profit-taking appears less intense than previous pullbacks, suggesting that the market may already be nearing its bottom.
“This time, the profit-taking seems less intense… The current setup opens the door to $102,000.”
Institutional Demand and Macro-Fundamentals Remain Strong
Despite the talk of a pullback, many analysts emphasize that the underlying fundamentals for Bitcoin remain firm — particularly institutional demand and macro conditions that could favour crypto assets. For example, LVRG Research director Nick Ruck told crypto publication Cointelegraph that a short-term retrace to ~$104,000 could be part of a healthy correction rather than a collapse. He pointed out:
“Profit-taking and global uncertainties are driving the retrace. But the fundamentals and institutional demand remain strong, which could power the next leg of the bull market.”
In other words: while short-term weakness is expected, the longer-term trend still points upward. Another support factor in the background is the 200-day exponential moving average (EMA). Crypto trader and analyst “Daan Crypto Trades” flagged that while price action around the 200-day EMA has been “choppy in uncertain times,” that zone has never been violated for more than about a month during the current cycle. That suggests structural support remains intact.
Price Action and Resistance
Right now, Bitcoin is trading in a mixed pattern of consolidation and hesitation. After climbing briefly to around $113,000, it pulled back to the ~$107,000 range and has steadied near ~$108,000. In many traders’ view, that ~$108K to ~$110K band has shifted from support into resistance territory. The key takeaway: if Bitcoin fails to hold at current levels, the next meaningful support zone lies around the $102K–$105K territory (near the 50-week SMA). A slide to that zone is increasingly considered plausible. Meanwhile, should the coin break support in a convincing way, some strategists even suggest a brief dip below $100,000 is on the cards — potentially within the next few days or weeks. This scenario is viewed as a buying window rather than a change in trend.
In summary: while Bitcoin recently roared to new highs, the terrain ahead may include one more meaningful pullback. Analysts believe that dip — possibly to around $104,000 or even briefly below $100,000 — could serve as a clearing of speculative excess before the next major rally begins. With the 50-week moving average acting as a pivotal support, institutional demand intact, and macro fundamentals still potentially favouring risk assets, this correction may be less of a setback and more of a strategic reset. For long-term participants, maintaining discipline, recognising the technical levels to watch, and using any weakness as a possible buying opportunity could be key moves in the months 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.
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