Bitcoin’s 30% Q4 2025 drop below $90k: Does a slide to $70k confirm a bear market?

In Q4 2025, Bitcoin fell by 30% after breaking below $90k, slipping under its 50-week EMA and putting the broader uptrend at risk. Some analysts argue that even a move down to the $60k-$70k area would represent a macro range and potential bottom rather than a classic bear market, despite around 7 million BTC now sitting at a loss.