Bitcoin just broke below $100K again and sentiment is as bad as it was after the FTX collapse—except this time, Bitcoin is still near six figures. In this episode of No Second Best, Hurley breaks down why 2025 feels like a bear market for Bitcoin, even as ETFs accumulate, long-term holders slowly bl
1 extracted signal · 1 resolved · 0 still active
Swan Bitcoin14 Nov 2025, 03:20 UTC
AI-generated source summary
Bitcoin recently dropped to $98,000, creating brutal sentiment similar to that seen after the FTX collapse. Despite poor sentiment, Bitcoin has maintained the $100,000 level for 188 days. While Bitcoin's price is weak, a Czech central bank made $1M BTC purchase and President Trump ended the longest US government shutdown. Square has enabled Bitcoin payments for its 4 million merchants and Cash App has made Bitcoin payments available using USD balance. Preston Pish notes widespread frustration in the Bitcoin community, as long-term holders are selling but there has been no significant euphoria to previous ATH. This is because The broader business cycle will eventually turn, bringing with it renewed liquidity, manufacturing strength, and lower rates leading to greater returns from Bitcoin.
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