Recent fluctuations in the price of Bitcoin have fragmented the market again. Some experts warn of a potential serious correction, while others point out that the current weakness is just a short-term respite before the next uptrend. While markets are reacting emotionally, on-chain data shows there is no reason to panic. Could Bitcoin drop 50%?
Traditional analysis warns of danger.
The current downturn may not be over yet, according to Bloomberg analyst Mike McGlone. He said in a post on the X platform that a move below $100,000 could be just one step in a larger correction. The analyst said that with current events, it is likely to hit $56,000.
McGlone recalled that Bitcoin’s previous gains often ended with a return to its 48-month moving average, which is currently around $56,000.
This prediction is up to almost 50% After the last peak. These types of warnings, especially those from high-profile analysts, quickly capture the imagination of investors and bring greater attention to the market.
On-chain data shows a smoother picture
in turn, glass node me XWIN Research Japan This indicates that the current fix may be nearing its end. On November 4, Bitcoin fell to $99,000, falling below the psychological barrier of $100,000 for the first time in four months. However, it rebounded shortly thereafter to around $101,500, according to CoinGecko data.
Key on-chain indicators; Market to Realized Value (MVRV)It has fallen to levels that previously marked regional lows. Glassnode also received attention. Relative unrealized lossIt is currently at 3.1%.
The company emphasizes that readings at this level have historically been consistent with mid-cycle corrections rather than full-blown bear markets.
Glassnode also added that historically losses below the 5% threshold have been in the nature of orderly pricing rather than panic selling.
In practice, this means that despite the market being nervous, the structure of the correction does not resemble the scenario when Bitcoin entered a long bear market.
$100,000 Bitcoin – Speed Up Toward $56,000?
“Look at the charts” has been the mantra of Bitcoin bulls, but when the price soars too much, the market gods can renew their humility. Synonymous with humility is mean reversion, and one look at the chart shows just how normal that is… pic.twitter.com/ijzJ8L4SjT— Mike McGlone (@mikemcglone11) November 6, 2025
Long-term prediction verification
Even the biggest names in investing today are adjusting their forecasts. cathy wood ji Ark Invest We lowered our long-term Bitcoin price forecast by $300,000. She previously expected BTC to stabilize by 2030. 1.5 million dollarsNow her estimates point to: 1.2 million.
Wood explained that the growing popularity of stablecoins in emerging markets is partly limiting demand for Bitcoin as a store of value.
Competition from stablecoins is causing some decline in demand for Bitcoin in developing countries, she said.
This shows that even long-term optimists are aware of changes in market dynamics and are adjusting their assumptions.
Market sentiment at a crossroads
Investor sentiment is tested through data and commentary. Although near-term price volatility remains significant, key on-chain indicators remain within ranges that do not indicate extreme stress.
Some analysts and venture fund leaders are still warning of a bigger decline. Investors must therefore weigh between technical analysis, blockchain signals, and changing trends in the use of Bitcoin and other digital assets.
New technologies are changing the Bitcoin landscape – Bitcoin Hyper is coming
In this context, there is more and more talk about projects aimed at strengthening the foundation of the BTC ecosystem. One of the most promising is Bitcoin Hyper, the first layer 2 solution for Bitcoin.
his goal is Network improvements Introducing features that Bitcoin has not provided until now. Instant transactions and support are everything smart contractDecentralized applications or even Meme Coin.
Bitcoin Hyper runs parallel to the Bitcoin main chain using: Solana Virtual Machine me zero knowledge evidence. This allows for scalability and transaction security.
Investors’ keen interest
Investors have already recognized the project’s potential. Bitcoin Hyper presale increases. $26 millionsena socks $HYPER It is currently at $0.013235. This is evidence that the market is looking for innovations that will not only improve the functionality of Bitcoin but also open up new opportunities for the world. DeFiNFT and blockchain games.
The $HYPER token is not only responsible for transaction fees. stay coo Participates in network administration. Besides, this project is scheduled as follows: 30% of total supply This is for further development, which represents the team’s long-term ambitions.
Why Bitcoin Hyper Matters During Correction Period
At a time when some in the market fear further declines, projects like Bitcoin Hyper could play an important role in the market. Diversifies and increases the utility of Bitcoin.. Introducing Layer 2 can improve throughput and reduce transaction fees. This could make Bitcoin more competitive compared to other ecosystems such as Ethereum or Solana.
For investors looking for a cryptocurrency to invest in, $HYPER could be an interesting option, not as an alternative to Bitcoin, but as an extension that enhances the functionality of the entire network.
The market is looking for balance
The cryptocurrency market is reaching a turning point. On the one hand, there are still voices warning about BTC falling by up to half. On the other hand, advances in data and technology show that the foundation of the ecosystem is more solid than ever.
Today, as more and more people are looking for the best cryptocurrency exchanges to buy digital assets, it is worth remembering that it is not only the price that matters, but also how certain projects actually impact the future of blockchain technology.
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