In the ever-volatile world of cryptocurrency trading, Bitcoin (BTC) is currently navigating a critical juncture that could define its short-term trajectory. According to cryptocurrency analyst Michaël van de Poppe, for BTC to signal a genuine trendswitch and shift from bearish to bullish momentum, it must bounce above the previous support level and reclaim it as new support. Right now, BTC is showing notable weakness, trading below the $100,000 mark, which underscores the need for a decisive reclaim of $101,000 to spark any meaningful upward rally. This analysis comes at a time when equity markets are demonstrating strength, yet BTC faces a selloff driven by a pervasive belief among traders that the traditional 4-year cycle has already peaked for Bitcoin. Unwinding this sentiment is essential before any sustained upward movement can occur, as a bounce from current levels could finally convince the market that the 4-year cycle narrative is no longer in play, opening doors for renewed buying interest.

Understanding BTC's Support Levels and Resistance Points

Diving deeper into the technicals, the $101,000 level emerges as a pivotal resistance-turned-support zone for BTC traders to watch closely. If Bitcoin can reclaim this threshold, it would invalidate the recent weakness and potentially trigger a rally towards higher targets, such as $105,000 or even $110,000 in the near term. Historical price action supports this view, where previous cycles saw similar reclaim efforts leading to explosive moves. However, the current selloff, despite robust performance in stock markets like the S&P 500, highlights a divergence that's puzzling many investors. The key culprit? A cohort of market participants clinging to the outdated 4-year halving cycle theory, which posits that BTC has already hit its cycle top. To counter this, traders should monitor on-chain metrics, such as trading volumes and whale activity, for signs of accumulation. For instance, if daily trading volumes surge above 500,000 BTC with increasing buy pressure, it could confirm the trendswitch. Without real-time data showing a break above $101,000, caution remains advised, with potential downside risks towards $95,000 if support fails.

Trading Opportunities Amid Market Sentiment Shifts

From a trading strategy perspective, this scenario presents intriguing opportunities for both long and short positions. Swing traders might consider entering long positions upon a confirmed reclaim of $101,000, setting stop-losses just below $99,000 to manage risk. Conversely, if BTC continues to languish sub-$100,000, short sellers could target a drop to $90,000, capitalizing on the prevailing bearish sentiment tied to the 4-year cycle myth. Broader market implications extend to altcoins, where a BTC trendswitch could catalyze rallies in Ethereum (ETH) and other majors, potentially boosting pairs like ETH/BTC. Institutional flows, as seen in recent ETF inflows, add another layer; if Bitcoin breaks free from cycle-bound pessimism, we could witness accelerated adoption. Remember, successful trading here hinges on patience—waiting for that bounce to unwind the selloff narrative. As of the analysis dated November 14, 2025, these levels remain crucial, urging traders to stay vigilant with tools like RSI and MACD for overbought or oversold signals.

Looking ahead, the resolution of this BTC weakness could have ripple effects across the crypto ecosystem, influencing everything from DeFi protocols to NFT markets. If the market realizes the 4-year cycle is inactive, as suggested, it might usher in a new era of price discovery, unbound by historical patterns. Traders should diversify strategies, perhaps incorporating options trading on platforms supporting BTC derivatives, to hedge against volatility. Ultimately, reclaiming $101,000 isn't just a technical milestone—it's a psychological barrier that could restore confidence and drive BTC towards six-figure stability. By focusing on these concrete price movements and sentiment shifts, investors can position themselves advantageously in this dynamic market landscape.