{"id":5375,"date":"2025-11-06T22:19:12","date_gmt":"2025-11-06T22:19:12","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/11\/06\/bitcoin-price-dances-with-100000-as-crypto-industry-waits-to-see-whats-next\/"},"modified":"2025-11-06T22:19:12","modified_gmt":"2025-11-06T22:19:12","slug":"bitcoin-price-dances-with-100000-as-crypto-industry-waits-to-see-whats-next","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/11\/06\/bitcoin-price-dances-with-100000-as-crypto-industry-waits-to-see-whats-next\/","title":{"rendered":"Bitcoin Price Dances with $100,000 as Crypto Industry Waits to See What\u2019s Next"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Bitcoin Price Dances with $100,000 as Crypto Industry Waits to See What\u2019s Next<\/a><\/p>\n

<\/div>\n

Bitcoin price slipped below $100,000 this week for the first time since June, down more than 20% from its all-time highs above $120,000 last month.\u00a0<\/p>\n

The decline comes after weeks of steady spot-market selling, profit-taking<\/a> by long-term holders, and a cautious macro environment. ETF outflows, a stronger dollar, and broader risk-off sentiment have added to pressure.\u00a0<\/p>\n

Bitcoin traded back above $102,000 today, showing some resilience, but volatility remains elevated, according to Bitcoin Magazine Pro.<\/p>\n

Analysts point to ongoing accumulation by new buyers, though long-time holders are reactivating coins at a notable pace.\u00a0<\/p>\n

Vetle Lunde of K33 Research noted that over 319,000 Bitcoin held for six to twelve months have moved in recent weeks, much of it real selling.\u00a0<\/p>\n

Markus Thielen of 10x Research said mega whales<\/a> \u2014 entities holding between 1,000 and 10,000 BTC \u2014 have been offloading significant amounts, while mid-size holders have largely stopped buying.\u00a0<\/p>\n

He estimates that roughly 400,000 Bitcoin, about $45 billion, has exited the market in the last month.<\/p>\n

Rebel money to institutional asset<\/h2>\n

Bitcoin\u2019s rise over the past decade and a half has been punctuated and marked by identity shifts<\/a>. In the early years, enthusiasts felt part of a secret movement to build better money for a better world.\u00a0<\/p>\n

Critics were loud but often misinformed, and debates over privacy, environmental impact, and financial sovereignty energized the community. The vibes were high, and the project felt meaningful beyond mere price.<\/p>\n

Now, according to Troy Cross, With the entry of Wall Street<\/a> and ETFs, Bitcoin\u2019s brand evolved<\/a>. It became a hedge, a retirement asset, a component in treasury strategies. Its revolutionary appeal \u2014 as a tool to bank the unbanked and resist centralized control \u2014 is still technically intact, but the narrative has shifted.\u00a0<\/p>\n

The focus moved from being a rebellion against fiat to being a corporate- and finance-friendly instrument.\u00a0<\/p>\n

Michael Saylor and other institutional adopters have accelerated this trend<\/a>. Bitcoin now shares the limelight with gold and equities<\/a>, often framed in risk-adjusted portfolios rather than as a movement for financial empowerment.<\/p>\n

Despite this, the core of Bitcoin remains unchanged. It is still global, permissionless, and censorship-resistant. Anyone can participate. Transactions remain verifiable and final.\u00a0<\/p>\n

Bitcoin price action over the past month<\/h2>\n

Price action highlights this duality, as seen over the past month. On October 10, U.S. President Trump\u2019s threat to impose a 100% tariff on Chinese imports triggered widespread panic, sparking the largest single-day liquidation in cryptocurrency history \u2014 over $19 billion in leveraged positions were wiped out within 24 hours.<\/p>\n

Some traders anticipate<\/a> a retest of $92,000, tied to CME futures gaps, while others see support around $98,000\u2013$100,000. Other analysts expect<\/a> a push to $170,000.\u00a0<\/p>\n

History suggests that these pauses are not the end of Bitcoin\u2019s story<\/a>. Each cycle has included phases of distribution, consolidation, and renewed growth. What is changing is not the network itself but the surrounding culture \u2014 the shift from a secret movement to an accepted, institutional asset.<\/p>\n

This post Bitcoin Price Dances with $100,000 as Crypto Industry Waits to See What\u2019s Next<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Bitcoin Price Dances with $100,000 as Crypto Industry Waits to See What\u2019s Next Bitcoin price slipped below $100,000 this week for the first time since June, down more than 20% from its all-time highs above $120,000 last month.\u00a0 The decline comes after weeks of steady spot-market selling, profit-taking by long-term holders, and a […]<\/p>\n","protected":false},"author":0,"featured_media":5376,"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-5375","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\/5375","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=5375"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5375\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5376"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}