Bitcoin (BTC) continues to lose momentum, with the major cryptocurrency falling to $103,528 earlier today amid an increasingly uncertain global macroeconomic outlook. New data from Binance suggests that BTC is currently going through a critical transition within its price cycle.
Bitcoin continues to fall – when will the bloodbath end?
According to a CryptoQuant QuickTake post by an Arab stock company, Bitcoin is currently going through an important transitional phase within its market cycle. Bitcoin cycle phase points recently entered negative territory, along with Bitcoin price falling from $124,000 to around $107,000 within 24 hours.
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Cycle Phase Score combines market trend and short-term momentum (Z-Score) to show Bitcoin’s current phase. Positive values indicate upward momentum, while negative values indicate short-term weakness or correction.
The decline in cycle phase points shows that the BTC market has lost some of the upward momentum it benefited from during the first two weeks of October. The move into negative territory shows the beginning of a structural correction phase, after weeks of consecutive gains.
The analyst explained that a trend signal of -1 confirms that BTC price has fallen below the 200-day moving average. It will likely trade below this measure until it can break the $106,780 level decisively.
Likewise, a negative Z-score shows that Bitcoin’s price is trading well below its short-term average, further confirming the dominance of short-term selling pressure. The Arabic series added:
Analytically, this movement can be viewed as a rebalancing phase within the ongoing cycle, rather than the beginning of a long-term downtrend. The current pullback comes after a strong period of price expansion, which is often followed by a pause in momentum before the main trend resumes.
The Arabic Series concluded by saying that if the BTC price finds stability above $105,000 in the coming days, the Cycle Phase Points Index may return to the positive zone again. Such a development could signal the end of the ongoing price correction phase.
Will BTC drop below $100,000?
With BTC trading near the mid-$100,000 level, concerns are growing in the market that the digital asset may… He falls Below the psychologically significant $100,000 mark. Furthermore, the on-chain data is not particularly encouraging, as is the case with Bitcoin network activity recently It crashed Below the 365 day average.
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In addition, cryptocurrency analyst CryptoBirb recently male BTC’s current bull cycle is likely coming to an end. The analyst noted that Bitcoin’s price is up nearly 99.3% during its current cycle.
However, the whale accumulation of Bitcoin shows no signs of slowing down. Companies He added A total of 176,000 BTC into their vaults during the third quarter of 2025. At press time, BTC is trading at $105,484, down 5.1% over the past 24 hours.
Featured image from Unsplash, charts from CryptoQuant and TradingView.com
The post Bitcoin Cycle Score Turns Negative With Trend Below $106,780 first appeared on Investorempires.com.
