**Bitcoin Price Won’t Crash To $92,000, Here’s Why**
The recent Bitcoin price drop below the $100,000 psychological level has sparked a fresh wave of bearish predictions. Many traders are now anticipating a further correction down to $92,000. However, not everyone is convinced that a deeper decline is on the horizon.
### Why The Bitcoin Price Won’t Decline To $92,000
Crypto analyst @YazanXBT has emerged as one of the most vocal critics of the increasingly popular $92,000 crash target for Bitcoin. On November 13, the analyst took to X social media to share his bullish outlook, suggesting that instead of dropping to $92,000, Bitcoin (BTC) is gearing up for a new all-time high of $145,000.
To support his projection, @YazanXBT pointed to a similar scenario during Bitcoin’s previous bear market bottom. At that time, many market participants were convinced that BTC’s price would plummet to $12,000 or even $10,000. However, the cryptocurrency found its bottom at $15,800 and then staged one of its strongest price recoveries ever.
Essentially, @YazanXBT’s message is clear: when there is widespread bearish consensus, it often signals that the opposite outcome is more likely.
### Addressing The $92,000 CME Gap
In response to @YazanXBT’s post, a member of the crypto community highlighted that Bitcoin still has an unfilled Chicago Mercantile Exchange (CME) gap at $92,000. Historically, BTC tends to fill CME gaps before making new highs, which some interpret as a sign of an imminent price drop.
@YazanXBT dismissed this bearish argument, emphasizing that Bitcoin is far more likely to rally to $145,000 before any significant pullback occurs to fill the $92,000 CME gap.
### The Path Ahead For Bitcoin
A surge to $145,000 would require Bitcoin to break free from current bearish pressures and climb roughly 50% from its present level. After enduring weeks of capitulation and massive price declines, such a rally would mark a significant turnaround.
As the crypto market watches closely, the debate between bearish corrections and bullish breakouts continues — but according to @YazanXBT, Bitcoin’s best days may still lie ahead.
https://bitcoinethereumnews.com/bitcoin/bitcoin-price-wont-crash-to-92000-heres-why/