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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.

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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.

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