Bitcoin Falls Under $100K: Correction or New Bear Market?
Bitcoin recently slid under the $100,000 mark, shifting trader sentiment to defensive mode. Data indicates a correction phase rather than the start of a new bear market. Key support lies between $50K—reflecting the network’s realized price and the 200-week moving average—which could form a value accumulation zone. Long-term holders continue distributing coins, and derivatives signals (funding rates and VDD multiple) show no panic or forced liquidations. To confirm a bullish reversal, Bitcoin must reclaim $100K, surpass the short-term holder realized price, and close above the 350-day moving average. Traders should avoid buying the dip blindly, instead waiting for consistent market‐structure signals before scaling in.
Neutral
The article highlights that Bitcoin’s drop below $100K reflects a corrective pullback, not a full bear market. Key metrics—network realized price, 200-week MA, funding rates, and VDD multiple—remain above panic zones, indicating no forced capitulation. However, distribution by long-term holders and failure to reclaim critical levels show short-term weakness. Historically, similar corrections occurred in bullish cycles before resuming uptrends once major support held. In the short term, traders will stay cautious until Bitcoin reclaims $100K and the 350-day MA. In the long term, fundamentals remain intact, suggesting a neutral outlook until clear trend reversal signals emerge.