Bitcoin News Update: Bitcoin’s Drop to $100k Highlights Short-Term Anxiety Versus Enduring Confidence from Institutions

- Bitcoin fell below $100,000 in Nov 2025 amid geopolitical tensions and profit-taking, wiping $1.3B in crypto liquidations. - Technical indicators showed bearish momentum, with whales selling 38.4k BTC while retail traders bought 415 BTC. - Michael Saylor predicted $150k BTC by year-end, citing institutional adoption, as investors shifted to altcoins like AlphaPepe. - Miners like MARA doubled Bitcoin reserves in Q3, but stocks dipped amid macroeconomic uncertainties and volatile price swings.

On November 4, 2025, Bitcoin’s value fell below $100,000, experiencing its sharpest drop since August as global market uncertainty and profit-taking led to widespread selling. This decline wiped out 20% from its October peak of nearly $124,500, with industry-wide crypto liquidations surpassing $1.3 billion.

Bitcoin

was responsible for $445 million of these liquidations, as large holders increased their selling and institutions offloaded Bitcoin to manage liabilities, such as Sequans Communications’ $94.5 million BTC sale, according to Yahoo Finance

.

Market signals pointed to ongoing bearishness. The Keltner Channel indicated Bitcoin was challenging support at $103,321, while the MACD histogram showed growing downward pressure. Blockchain data showed wallets with 10–10,000 BTC sold 38,400 coins since mid-October, in contrast to retail investors who bought 415 BTC during this period, as reported by Coinpedia

Experts caution that if Bitcoin drops below $98,000, it could trigger more selling, with the CME futures gap between $92,000 and $93,000 representing a significant risk, according to Coindoo

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Despite the turbulence, Michael Saylor of MicroStrategy maintained his optimistic outlook, forecasting Bitcoin could reach $150,000 by the end of the year and potentially hit $1 million within four to eight years. Saylor credits this bullish view to rising institutional interest, suggesting that major banks like JPMorgan and Citigroup will help bring Bitcoin to a billion new users, as detailed by Coinotag

. His long-term projection is based on Bitcoin’s function as a decentralized store of value, with a 29% annual growth model estimating a $21 million price in 21 years, according to Yahoo

.

Institutional trust in Bitcoin remains high, as shown by Q3 results from miners such as MARA Holdings and

Hut 8

. Both companies nearly doubled their profits and increased their Bitcoin reserves, with MARA’s holdings rising to 52,850 BTC. However, their share prices declined after earnings, reflecting investor caution amid broader economic uncertainty, according to Cointelegraph

.

Although short-term technicals point to ongoing price swings, the underlying fundamentals—such as ETF inflows, reduced mining output, and rising institutional interest—remain strong. The next few months will reveal whether bulls can reclaim important resistance levels or if Bitcoin’s correction signals a deeper bear market ahead.