Bitcoin Price Crashes for 6 Days Straight, Is $95K Next?

Bitcoin has now dropped for six consecutive days, pushing the price down to around $112,000. Meanwhile, top crypto analyst Ali Martinez has spotted a worrying signal on Bitcoin’s chart. The RSI just dropped below its 14-week moving average, a pattern that previously triggered 24–26% crashes. If history repeats, Bitcoin could fall from $113K down to $95K.

RSI Hints at a Bitcoin Price Crash to $95K

According to top chart analyst Ali Martinez, Bitcoin may be flashing another warning sign. He points out that the last two times Bitcoin’s weekly RSI dropped below its 14-period moving average, the price saw big corrections.

The RSI, or Relative Strength Index, helps traders see if an asset is overbought or oversold. When it falls below the 14 SMA, it often means buying pressure is weakening, and a price drop could be near.

This same signal appeared before two major pullbacks in Bitcoin’s recent history. In June 2024, BTC dropped by around 26%. In January 2025, the fall was nearly 24%.

Now, in August 2025, the same pattern is showing up again. If Bitcoin reacts the same way, the price could slide from its current level of around $113,900 down to nearly $95,000.

Arthur Hayes Predicts a Drop to $100K

It’s not just analyst Ali Martinez warning about a drop, Arthur Hayes, co-founder of BitMEX, also says Bitcoin could fall to $100,000.

His warning is based on signs of a weakening U.S. economy. He pointed to the July jobs report, which showed only 73,000 new jobs, far below the expected 110,000. Hayes thinks this, along with other global trends, could lead to more selling.

He sees $100,000 as an important psychological level, supported by key indicators like the 200-day moving average, Fibonacci levels, and recent price zones.

Bitcoin ETF Outflow Continues as Fading Institutional Interest

At the same time, U.S.-based spot Bitcoin ETFs have now seen five days in a row of outflows. Major players like Grayscale, Fidelity, and ARK Invest have all reported consistent withdrawals.

The outflow isn’t just about money; it shows big investors are losing interest. If the price falls below key levels, small traders might panic, causing a faster and deeper drop.

Despite this bearish signal, many traders still believe the long-term trend remains strong. Some see this as a healthy pullback before a bigger rally.