Bitcoin Slips Below $90K as Dominance Falls — Are Deeper Declines Ahead?

Jakarta, Pintu News – Bitcoin (BTC) prices fell below $90,000 this week, extending a sharp two-week decline from its recent peak of $110,000. This decline depressed overall market sentiment, although altcoins showed unusual resilience.

Traders are debating whether this downtrend is the beginning of a deeper bearish phase or just a temporary correction triggered by the actions of big players.

Over the past 14 days, this decline has erased about 30% of Bitcoin’s previous gains. This decline has also coincided with a drop in Bitcoin dominance (BTC dominance) of more than 4%. This discrepancy raises concerns that what is happening is an internal rotation of portfolios by large holders, rather than a mass panic from retail investors.

Altcoins Remain Resilient as Bitcoin Bearish Pressure Mounts

Despite the massive sell-off, altcoins traded against Bitcoin managed to recover from the October 10 drop. Ash Crypto mentioned that the market structure shows a “cartel-level rotation” focused on large assets.

Read also: Bitcoin Price is Green Today: Spot BTC Sales Increase!

He added that long-term market participants may be quietly accumulating, while short-term sentiment is giving up. This suggests an accumulation strategy, rather than a general market panic.

Many traders point to institutional trading flows as a major factor. Kalshi-based contract pricing predicts that the decline could continue. “$BTC is now expected to drop to around $82,000 this year,” said Whale Insider.

The projection indicates that there is still potential for another downturn that could test the confidence of new buyers.

Liquidity Cluster Emerges Around $90,000, Analysts Predict Rebound

Technical traders track liquidity zones as potential targets for price bounces. Ted, from the TedPillows account on X, mentions a “fairly strong liquidity cluster in the $90,000-$92,000 range.” This area also includes the gap on the Chicago Mercantile Exchange (CME) chart from the beginning of the quarter.

Gaps on derivatives charts often act like magnets during high volatility phases.

Ted added that a short-term bounce is possible “if buyers start to come in.”

However, market pressure indicators show that traders are bracing for a deeper drop if the current downtrend continues. This downward pattern began after prices reached $125,000 in October, and since then prices have continued to fail to break the upper trendline.

KillaXBT mentioned that Bitcoin has completed “40% of a typical bear market correction in just a few weeks.” He noted a liquidation cluster in the $88,000-$92,000 zone and has gone long in that area. If support holds, a bounce towards $97,000-$98,000 is in the cards.

However, Killa warns that if prices break lower, there could be a tailwind to $76,000-$78,000-though he thinks that is less likely to happen in the fourth quarter.

Accumulation Increases as Traders Begin to Give Up

Some data gives hope to optimistic investors. According to CryptoQuant data cited by Coin Bureau, there was “the largest accumulation of Bitcoin… right in the middle of a market sell-off.”

Read also: Pi Network Price Grows Slightly Today: Pi Coin Fund Flow Reaches 5-Week Peak!

This data suggests that long-term investors are adding to their holdings as short-term traders exit the market. Historically, strong accumulation amid downward volatility often signals the beginning of a recovery phase.

However, this narrative is not free from skepticism, especially from traders who focus on shrinking liquidity.

Jacob King sharply criticized the current market structure. He blamed the previous rally on money creation by Tether, and said:

“the money printer has already hit the brakes.” He emphasized that the bearish trend has already started and warned that “the downturn ahead will be deeper and longer than people imagine.”

This view is in line with the risk-averse mood of global markets, amid tightening liquidity in recent weeks.

Psychological Stress Increases as Sentiment Shifts

Crypto influencers are reinforcing the pessimistic mood. BD Crypto Guru stated that Bitcoin “finally dropped below $90,000 as predicted,” while promoting a one Bitcoin giveaway for his followers. When fear-driven content spreads fast, it often signals mounting market pressure.

Short-term traders start to worry about forced liquidation. Highly leveraged positions built at the peak of the price were instantly wiped out. This movement hit the momentum strategy and pushed volatility even higher.

However, the resilience of altcoins still gives hope that this decline could be just a rotation, not an overall market crash. Ash Crypto said that current market behavior suggests “it’s not panic people selling altcoins right now,” emphasizing that weakness is not evenly distributed across the market.

Even so, the market is still divided between accumulation optimism and caution against systemic risks.

Outlook: Testing Lower Support Before Reversal?

With prices now approaching the lower limit of the descending channel pattern, the next move is expected to be decisive for market direction until the end of the year.

If the price breaks $88,000 sustainably, there is a downside risk towards Whale Insider’s target of $82,000-or even lower if market liquidity dries up.

Conversely, if the price bounces off the current support level, it could trigger a sharp technical spike towards the $97,000-$98,000 zone as predicted by Ted. However, traders remain cautious until Bitcoin’s dominance stabilizes and liquidity flows back into the market.

The current market structure still shows controlled selling pressure and defensive positions from large holders.

Bitcoin is now at a critical juncture, where accumulation trends and dominance signals contradict each other. This tension could trigger further volatility, as investors try to determine whether this latest drop is the middle of a correction phase, or the beginning of a new downward cycle.

FAQ

What is Bitcoin dominance in the context of crypto?

Bitcoin Dominance is the percentage of Bitcoin’s market value (market cap) compared to the total market value of all crypto assets.

Why has Bitcoin price fallen sharply despite altcoins remaining strong?

Bitcoin’s price drop was caused by massive selling pressure from short-term market participants, while altcoins showed unusual resilience.

Is this the beginning phase of a bearish trend or just a temporary correction?

The market is still divided. Some analysts see this as the beginning of a deeper bearish trend, especially with global liquidity shrinking and Bitcoin’s dominance falling.

That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app through Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• The Market Periodical. Bitcoin (BTC) Slides Below $90,000 as Dominance Breaks Down and Analysts Warn of New Lows. Accessed on November 19, 2025