{"id":5346,"date":"2025-11-04T15:16:10","date_gmt":"2025-11-04T15:16:10","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/11\/04\/bitcoin-price-slumps-to-102000-as-fed-policy-investor-sentiment-pressure-markets\/"},"modified":"2025-11-04T15:16:10","modified_gmt":"2025-11-04T15:16:10","slug":"bitcoin-price-slumps-to-102000-as-fed-policy-investor-sentiment-pressure-markets","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/11\/04\/bitcoin-price-slumps-to-102000-as-fed-policy-investor-sentiment-pressure-markets\/","title":{"rendered":"Bitcoin Price Slumps to $102,000 as Fed Policy, Investor Sentiment Pressure Markets"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-slumps-to-103000\">Bitcoin Price Slumps to $102,000 as Fed Policy, Investor Sentiment Pressure Markets<\/a><\/p>\n<div><\/div>\n<p>Bitcoin Price extended its losses today, sliding more than 2.5% to around $102,852 as renewed U.S. dollar strength and investor outflows from crypto ETFs weighed heavily on the market.\u00a0<\/p>\n<p>The bitcoin price drop comes <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-continues-selling-off\">after Bitcoin\u2019s worst<\/a> October performance in nearly a decade, further denting sentiment among traders already reeling from a historic liquidation event last month.<\/p>\n<p>Bitcoin briefly traded below $103,000, its lowest level in over two weeks, breaking below the critical 200-day moving average \u2014 a key gauge of <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-next-bull-run\">long-term market momentum<\/a>, according to Bitcoin Magazine Pro data.<\/p>\n<p>Since then, Bitcoin has rebounded to above $104,000 at time of writing. <\/p>\n<p>According to market analyst Damian Chmiel, a sustained break below $100,000 <a href=\"https:\/\/www.moomoo.com\/news\/post\/60852345\/washed-out-bitcoin-plunges-below-105k-as-billion-dollar-spiral?level=1&amp;data_ticket=1762265729565898\" target=\"_blank\">could trigger<\/a> a sharper sell-off toward the April lows near $74,000, implying a potential 30% downside from current levels.<\/p>\n<p>According to updated Polymarket data, there\u2019s now an 80% chance of the Bitcoin price falling below $100,000 before 2026<\/p>\n<div class=\"wp-block-embed__wrapper\">\n<p>JUST IN: There&#8217;s now a 78% chance of <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">#Bitcoin<\/a> falling below $100,000 before 2026, according to Polymarket <\/p>\n<p>HODL!  <a href=\"https:\/\/t.co\/PL99SaYIZo\">pic.twitter.com\/PL99SaYIZo<\/a><\/p>\n<p>\u2014 Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1985687194783101101?ref_src=twsrc%5Etfw\" target=\"_blank\">November 4, 2025<\/a>\n<\/p><\/div>\n<h2 class=\"wp-block-heading\">Fed policy shift and macro headwinds<\/h2>\n<p>The broader macro backdrop remains unfavorable for risk assets. Federal Reserve Chair Jerome Powell\u2019s comments last week <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-crashes-to-109000\">walked back<\/a> expectations of a December rate cut, reinforcing the \u201chigher for longer\u201d interest rate narrative.\u00a0<\/p>\n<p>That shift has boosted the U.S. dollar while simultaneously pressuring non-yielding assets such as Bitcoin.<\/p>\n<p>Adding to the selling pressure, ETF investors have withdrawn more than $1.8 billion from Bitcoin and Ether products over the past four trading days, data shows, while open interest in BTC perpetual futures has fallen about 30% from its October peak, signaling a pullback in leveraged exposure.<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin price technical breakdown<\/h2>\n<p>Bitcoin\u2019s $106,900 support level \u2014 aligned with the 0.146 Fibonacci retracement \u2014 was <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-support-under-attack-as-bears-look-to-push-price-below-100000\">repeatedly tested last week<\/a> but ultimately failed to inspire follow-through buying.\u00a0<\/p>\n<p>Analysts now view $104,000 as the next line of defense, though this level has already been tested twice and is increasingly fragile.<\/p>\n<p>If $104,000 breaks decisively, traders are eyeing $96,000 as the next significant support zone. On the upside, bulls must reclaim the 21-day EMA and Point of Control around $111,000 to reestablish momentum, followed by resistance at $114,600 and $122,000, per Bitcoin Magazine Pro.<\/p>\n<h2 class=\"wp-block-heading\">Bearish bias persists<\/h2>\n<p>The overall market mood remains bearish as traders continue to deleverage and avoid aggressive long positions.\u00a0<\/p>\n<p>\u201cThe crypto market is facing multiple near-term headwinds,\u201d said Derek Lim, head of research at Caladan, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-04\/bitcoin-btc-hits-two-week-low-with-risk-appetite-muted-after-wipeout\" target=\"_blank\">according<\/a> to Bloomberg. \u201cIt\u2019s already fragile from October\u2019s massive liquidation event and a string of protocol exploits.\u201d<\/p>\n<p>With Bitcoin\u2019s technicals under pressure and macro catalysts lacking, traders are looking ahead to the November 13 Consumer Price Index report for a potential shift in sentiment.\u00a0<\/p>\n<p>Cooler inflation data could reopen the door for Fed easing \u2014 a development bulls desperately need to reverse the trend. For now, however, Bitcoin remains on the defensive, with sellers firmly in control and a close below $100,000 threatening to accelerate the slide.<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-slumps-to-103000\">Bitcoin Price Slumps to $102,000 as Fed Policy, Investor Sentiment Pressure Markets<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/micahzimmerman\">Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Bitcoin Price Slumps to $102,000 as Fed Policy, Investor Sentiment Pressure Markets Bitcoin Price extended its losses today, sliding more than 2.5% to around $102,852 as renewed U.S. dollar strength and investor outflows from crypto ETFs weighed heavily on the market.\u00a0 The bitcoin price drop comes after Bitcoin\u2019s worst October performance in nearly [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":5347,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5346","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5346"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5346\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5347"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}