According to @CryptoMichNL, BTC is trading below 100K and a reclaim above 101K is required to validate any upside rally by retaking prior support; source: @CryptoMichNL on X, Nov 14, 2025. He adds that the key driver of the current selloff, despite strong equity markets, is the belief that Bitcoin has already peaked under the four-year cycle; source: @CryptoMichNL on X, Nov 14, 2025. He notes that sentiment likely needs to unwind in this region before an upward bounce that challenges the four-year cycle narrative; source: @CryptoMichNL on X, Nov 14, 2025.