Bitcoin Dips Below $100K Again – Analyst Waves the White Flag, Sees You in 4 Years!

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Ah, the return of the bears, my dear reader, as if the market’s great theater wasn’t already dramatic enough. Bitcoin, the once-unshakable titan of the digital world, has fallen below $100,000 for the second time this week. A scene so familiar, yet each time it happens, the world watches with bated breath and the unspoken fear that somehow-this time-it might just be the end.

As the bears devour everything in their path, even the most optimistic prophets of the crypto world are forced to eat their words. Among them, Merlijn The Trader-oh, that name reeks of expertise and self-assurance-has become a voice of despair, a beacon of resignation. It seems he has thrown in the towel, waving it like a flag of surrender, muttering what we all secretly knew but dared not speak:

IT’S OVER FOR BITCOIN. SEE YOU ALL IN 4 YEARS.

Oh, how familiar it is, this eternal cycle. Same line. Same rejection. Each time, the market behaves as if it cannot possibly fall… until, suddenly, it does. And it does so with a finality that leaves you gasping for breath.

But this isn’t quite the end. No, not yet. History, though, has a cruel way of reminding us that some lines demand our respect.

Break this, or break down. No in-between.

– Merlijn The Trader (@MerlijnTrader) November 7, 2025

And so, dear reader, there it was. The final, almost pitiful stand of Bitcoin at $104,000, before it descended to $100,500 and then to the depths of despair. And just moments ago, it plunged further, into the abyss of $99,700-on Bitstamp, no less. Oh, the irony of this once-unimaginable fall!

As if the market had not already seen enough carnage, this is the second time in a week that the coveted $100,000 mark has been breached. How quaint! After Tuesday’s crash, we had the pleasure of witnessing the cryptocurrency at a five-month low of $99,000. A triumph of mathematics, or perhaps just a cruel joke from fate?

But alas, it doesn’t end there. The altcoins, those poor, pitiful creatures, follow suit in their ever-predictable decline. Ethereum-once the shining star-now stumbles below $3,200. XRP follows in a similar fashion, dropping beneath the fragile $2.20 support. And let us not forget the other wretches: SOL, WBT, HYPE-each one, no different from the last, all tumbling in unison.

The damage, of course, has not spared the over-leveraged traders. Oh, how they must be weeping in their overpriced mansions, as over 220,000 of them have been wrecked in the past day. Liquidations-oh, how sweet it is-have surged to almost $700 million, with the largest single liquidation-a true masterpiece of disaster-coming in at over $15 million. Truly, it is a sight to behold.

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2025-11-07 14:59