Published: November 4, 2025
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At $99,000, Bitcoin is now down 21% from its all-time high of $126,000 on October 6. Is that a big decline for Bitcoin? No... $BTC

Image in tweet by Charlie Bilello

@charliebilello Is this true?

Image in tweet by Charlie Bilello

@charliebilello Last cycle had 7 dips greater than 29%.

@charliebilello The only #Bitcoin chart that chartists can’t use to spin a negative narrative or a narrative that drives engagement is the Bitcoin 200 Week Moving Average. We know all too well that if it bleeds it leads! And, if it doesn't bleed it does not lead! This darned #200WMA chart

@charliebilello 21% correction = historically mild for $BTC 💡 Context matters: Average correction in table = -48%. We're barely halfway through normal drawdown. What history shows: - -32% (2025) took 77 days, rallied 47% after - -33% (2024) took 144 days, rallied 50% after - Sub-35%

@charliebilello I'd be closely watching the 95K level. Should bounce up from there. Else, it's south! https://x.com/StratsLabs/statu...

@charliebilello 79% to go.

@charliebilello Saylor will be liquidated if BTC falls to $78k.

@charliebilello Down only 21% so far…….hope it holds at that!

@charliebilello Pretty big decline in my opinion but nothing compared to what's coming.

@charliebilello Last bear market was 78% decline

@charliebilello The "# Days Prior High to New High" column is the most fascinating.

@charliebilello I am unaffected. This is a dip for ANTS

@charliebilello Bitcoin Bros keep shillin'

@charliebilello guess what all those big down moves had in common? they were down 21% as well.

@charliebilello No. But if the bitcoin treasuries companies have borrowed to buy bitcoin they may collapse. A huge bullish bet that did not previously exist?

@charliebilello 21% feels like a Swedish massage compared to what $BTC has put me through… been here since 2013.

@charliebilello Exactly, 21% is just Bitcoin's version of a plot twist - scary for a sec, but always sets up the epic comeback

@charliebilello We used to have that magnitude of decline in one day. Now it takes 30 days and everyone is like 😱

@charliebilello Yup.... It's a rock solid.... unassailable.... veritable store of value.... ... or so I'm told...

@charliebilello The past is not the future, half of your charts are fortune cookies.

@charliebilello This is not the ₿ you owned in high school.

@charliebilello So you predict much worse for Bitcoin is yet to come?

@charliebilello That is too say, we’re still early……for crashing ~~~

@charliebilello Yes when it’s right after a 30% drawdown and zero gains in a year. Yes it’s bad.

@charliebilello But is it the highest dollar amount. Going from two bananas to one banana is a whole different ball game

@charliebilello Another day at the office

@charliebilello Looks like there is a plunge protection team at work at around $100k.

@charliebilello I wud disagree. It is when ur 5,10,25x leveraged. It seems that many folks got caught in that boat. Even worse on the others cryptos like $eth , $sol etc

@charliebilello The decline has only just started….

@charliebilello When it’s time to buy nobody will want to. Same for when it’s time to sell.

@charliebilello Bitcoin is far too unstable to replace any currency.

@charliebilello Much more to follow. Seems they're running out of greater fools.

@charliebilello 99k is quicksand level…

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