Crypto analysts Nik and Doctor Profit have provided insight into why the Bitcoin price crashes today. The flagship crypto has once again fallen below the psychological level of $90,000, prompting bearish sentiments among market participants.
Why Bitcoin Price Is Crashing Today
In one X messageNik noted that the Bitcoin price did not fall because of bad news, but because the ‘clock turned’. He noted that A large number of algae sold at the same time as the daily close, and also considering that it is a new week and a new month. The analyst added that it is not the traders making decisions, but portfolios being rebalanced in real time.
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Nik explained that with this Bitcoin price crash, stocks have been adjusted, hedges have been reset, and risk has been flushed out of the market. He noted that the candles may look emotional, but the behavior is mechanical. The analyst also indicated this private investors may also have dumped their coins out of panic.
Nik stated that time-based algos usually cause the sell-off, forcing everyone to respond to their flow. He added that the effect today was strong enough to shake the Bitcoin price, while the crash continued to drag the price down broader crypto market by. BTC fell below $90,000 today after recovering to $92,000 last week.
Meanwhile, Nik stated that most people usually miss the signs of a potential Bitcoin price crash because they focus on patterns drawn by humans rather than flows monitored by machines. He added that the market responds not only to price, but also to time.
Not yet enough liquidity for a major crash
In one X messageCrypto analyst Doctor Profit said there isn’t enough downside liquidity yet to trigger a major Bitcoin price crash. Therefore, he expects a sideways margin between the current price and the EMA50, around $100,000, in the coming days or weeks. The analyst noted that the two largest short-term liquidity clusters are in the $97,000 and $107,000 regions.
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However, Doctor Profit remains bearish in the long term. He stated that a big move down is planned, but the script needs to be followed and the necessary liquidity is not yet in place. The analyst told market participants to expect a dull sideways phase in early 2026 with confirmed targets between $70,000 and $75,000.
Doctor Profit reiterated that such downward moves for the Bitcoin price take time. He explained that the crash could unfold as a sharp decline, followed by a long sideways consolidation, and then a false aid meetingand then the continuation of lower lows.
At the time of writing, the Bitcoin price is trading around $85,800, down more than 5% in the last 24 hours. facts from CoinMarketCap.
Featured image from Pixabay, chart from Tradingview.com