The analyst believes Bitcoin is entering a bear market. He refers to previous predictions: Bitcoin to $130,000 (stopped at $126,000), then down to $94,000. Currently, $94,000 support failed. Dropping below the 50-week weekly moving average signals a bear market. Bitcoin failed to hold support at the .618 Fibonacci level ($94,000). Currently heading to $85,600.Candlestick needs to close above $94,000 by Sunday to avoid bear market confirmation.$94,000 is the line in the sand. He believes BTC will go to 75K$.Reviewing the bull market start, BTC needed to break $25,236. Currently, the speaker sees $57,000 as a reasonable target ( .618 fib retracement level).The 200 weekly moving average, which served as support, is rising to meet the Bitcoin market at some point next year. However, currently, Bitcoin rejected $94,000 on the hourly chart on Sunday. An hourly bullish RSI divergence could cause rally back to 94K.