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Bitcoin's four-year market cycles questioned as it crashes 4% to $106,000.
ByAinvest
Monday, Nov 3, 2025 10:51 am ET1min read
Bitcoin has dropped 4% to $106,000, leading experts to question if the bull run is over. CryptoQuant's Ki Young Ju believes that structural shifts in liquidity sources are reshaping Bitcoin's behavior, while Coin Bureau's Nic Puckrin expects a volatile November due to macro uncertainty. However, Puckrin remains long-term bullish, citing quantitative tightening ending, global liquidity improving, and fiat currencies weakening.
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