Bitcoin price plummets to $110.000: Analyst warns it's time to sell

An analyst warns of Bitcoin's drop to $110.000 and analyzes whether investors should sell or wait for a recovery. Discover his findings.

Bitcoin price fell below $110.000 on Tuesday, setting off alarm bells among investors and analysts. Although it recovered shortly after, trading around $111.300 at the time of writing, the cryptocurrency is facing a challenging technical environment and persistent bearish signals, so some experts warn that it may be time to consider selling. 

Pressure on key support and the failure to regain previous levels have intensified the debate over Bitcoin's immediate future. 

However, not everyone shares this pessimistic view. While some analysts suggest caution, others point out that Bitcoin's historical seasonality could work in favor of those who remain calm. So, the big question is whether Are we at the end of Bitcoin's bull run or is it just a strategic pause?

Technical signals that warrant caution in the Bitcoin market

Bitcoin's recent drop to $110.000 has been interpreted by several analysts as confirmation of technical weakness. 

Cointelegraph contributor Rakesh Upadhyay warned that any recovery attempt will face significant resistance at the 20-day exponential moving average, located around $115.639. If the price fails to break above this barrier, it could open the door to a new bearish phase, with targets at $105.000 or even the psychological level of $100.000.

Analyst Slobodan Drvenica noted that Bitcoin has recorded three consecutive days in negative territory, pushing key support levels. 

Is it time to sell? The institutional vision

Beyond technical analysis, the question of whether it's time to sell Bitcoin is also addressed from an institutional perspective. For some strategists, the current decline represents a natural correction within a broader cycle, but not necessarily a sign of a definitive reversal. However, others see this pullback as an opportunity to rebalance portfolios and protect accumulated profits.

From an institutional perspective, selling doesn't mean abandoning the cryptocurrency, but rather adjusting exposure based on risk. In this sense, the recommendation is not to panic sell, but rather to do so strategically if the loss of key levels is confirmed. The dominant narrative among these analysts is that Bitcoin remains a volatile asset, and that its short-term behavior may be influenced by external factors such as regulatory decisions, movements of large whales, or changes in global monetary policy.

Furthermore, some investment funds have begun to reduce their positions in cryptoassets, not due to a lack of long-term confidence, but rather due to a need for liquidity amid a more restrictive economic environment. This dynamic could generate additional pressure on the price, fueling the perception that the market is in a distribution phase.

However, there are also voices calling for calm. Some managers point out that Bitcoin has gone through multiple correction cycles before reaching new highs. In that sense, selling in moments of weakness can be counterproductive if there is no clear re-entry strategy. The key, according to these experts, is to differentiate between a technical correction and a structural change in the narrative of the leading cryptocurrency.

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Historical Seasonality: A Hidden Market Opportunity?

Contrary to the bearish view of technical analysts, the profile known as “Broke Doomer” on social networks offers an alternative reading based on the Bitcoin's historical seasonalityAccording to their data, August and September have consistently been the worst-performing months for the cryptocurrency, while October and November typically mark the start of strong rallies.

The table shared by Broke Doomer shows that, since 2013, September has seen declines in most years, while October and November have seen significant recovery. This trend suggests that the current performance may be aligned with historical patterns, and not necessarily with a structural shift in the market.

The analyst said that patience is worth it for those who “HODL,” contrasting with the technical approach, and appealing to market psychology and investors’ ability to remain calm in times of uncertainty.

For those who follow this philosophy, Bitcoin's current decline isn't a sell signal, but rather an accumulation opportunity. The idea is that the bearish moves in August and September pave the way for rallies in the final months of the year, especially when the general sentiment is pessimistic.

This narrative also reinforces the importance of having a long-term strategy. Rather than reacting to every correction, investors who adopt this approach focus on accumulating during periods of weakness, trusting that history will repeat itself. While it doesn't guarantee results, it does offer a more patient and less reactive approach to volatility.

In short, Bitcoin's fall to $110.000 has reignited the debate about whether it's time to sell or hold positions. While technical analysts warn of downside risks and recommend caution, others point out that historical seasonality could favor those who remain calm. Ultimately, the decision will depend on each investor's profile, time horizon, and risk tolerance. What is clear is that, in the crypto world, patience remains a virtue that can make all the difference.

Investing in cryptoassets is not fully regulated, may not be suitable for retail investors due to high volatility and there is a risk of losing all invested amounts.