BTC Dips Below $94K; Saylor Teases ‘Big Week’; Analyst Eyes $83.5K

Bitcoin slipped to its lowest level since May on Sunday before paring some losses, as sentiment across the crypto market stayed locked in extreme fear. The Crypto Fear & Greed Index stood at 10, in its extreme fear band, after already sitting at the same level on Saturday.

Bitcoin BTC$95,972.51 was trading around $95,087 at 6:20 p.m. UTC, down 1% over the past 24 hours after briefly dipping below $94,000 earlier in the day, its lowest point since May 6 based on TradingView data.

Across the majors, ether ETH$3,100.56 declined 3.23% to $3,113, XRP fell 2.1% to $2.21, BNB slipped 1.6% to $926.21 and solana SOL$141.95 dropped 3.6% to $137.79.

Analysts see room for deeper declines

Crypto analyst Ali Martinez said on X that bitcoin had broken out of a channel, arguing that the move could open the door to a potential slide toward $83,500.

Analyst Benjamin Cowen noted bitcoin registered a death cross, adding that prior examples often marked local lows. He said bitcoin would need to bounce within the next week for the cycle to stay intact and warned that a failure to do so could lead to another drop before any larger rally back to the 200-day moving average. Cowen urged traders to “trade the market you have, not the market you want.”

Retail panic signals a potential reversal

Market intelligence platform Santiment said bitcoin discussion rates spiked to a four-month high during Friday’s slip below $95,000, pointing to elevated retail fear. The firm said such surges in social dominance can increase the probability of market reversals, although it stressed the pattern is not a guarantee.

Michael Saylor hints at a large bitcoin purchase

Strategy (MSTR) Executive Chairman Michael Saylor signaled the company will announce its latest bitcoin acquisition on Monday, posting the phrase “Big Week” on X, while attaching a screenshot from StategyTracker, the leading real-time bitcoin treasury analytics platform.

Gold widens its lead over digital assets

Market strategist Charlie Bilello pointed out that gold is up 55% this year, calling it 2025’s best-performing major asset, while calling bitcoin — up roughly 1% — the worst-performing major asset. He described the divergence as the inverse of 2013 and noted such a dynamic has not appeared in any prior calendar year.