{"id":5595,"date":"2025-11-25T16:16:08","date_gmt":"2025-11-25T16:16:08","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/11\/25\/bitcoin-price-sits-down-over-30-from-all-time-highs-as-market-waits-for-next-catalyst\/"},"modified":"2025-11-25T16:16:08","modified_gmt":"2025-11-25T16:16:08","slug":"bitcoin-price-sits-down-over-30-from-all-time-highs-as-market-waits-for-next-catalyst","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/11\/25\/bitcoin-price-sits-down-over-30-from-all-time-highs-as-market-waits-for-next-catalyst\/","title":{"rendered":"Bitcoin Price Sits Down Over 30% From All-Time Highs as Market Waits for Next Catalyst"},"content":{"rendered":"

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

Bitcoin Price Sits Down Over 30% From All-Time Highs as Market Waits for Next Catalyst<\/a><\/p>\n

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Bitcoin price is down<\/a> more than 30% from its October record<\/a> and continues to leak lower, slipping another 1% overnight to trade near $87,000 this morning. It\u2019s the latest episode of a near two-month-long drawdown that has caught traders off guard.\u00a0<\/p>\n

And while the selling has slowed, the mood across markets remains fragile.<\/p>\n

The move reflects a global risk-off tone. S&P 500 futures were slightly red after a strong rebound yesterday. Asia traded mixed. Europe opened flat-to-lower. The bitcoin price followed suit, behaving more like a high-beta tech asset than a macro hedge \u2014 a correlation that has only strengthened in recent weeks.<\/p>\n

The slide puts the Bitcoin price back near levels where bulls say the next battle will be fought. Analysts consistently highlight<\/a> the $80,000\u2013$83,000 region as the line that must hold. That area already saved Bitcoin twice this month, including last week\u2019s violent flush<\/a> to $80,915. But each test weakens the floor.<\/p>\n

Whale activity is sending mixed signals<\/h2>\n

New on-chain data is adding another wrinkle. Wallets holding at least 100 BTC \u2014 often viewed as mid-tier whales \u2014 are rising again after hitting a two-year low earlier this month. Santiment says<\/a> these wallets have climbed by 0.47% since Nov. 11, equivalent to 91 new whale entities.<\/p>\n

That\u2019s a subtle but notable shift. These holders tend to scale in during deep corrections. Their return hints at early bargain hunting.<\/p>\n

But the broader whale picture is less comforting. Wallets holding more than 1,000 BTC continue to shrink<\/a>. The largest whales \u2014 those with over 10,000 BTC \u2014 trimmed around 1.5% of their holdings in October.\u00a0<\/p>\n

Citi estimates the market now lacks the spot inflow cushion normally required to stabilize prices. In their view, roughly $1 billion in weekly inflows is needed to lift the bitcoin price 4%. That demand simply isn\u2019t there right now.<\/p>\n

Bitcoin price: Brief rebounds, bigger questions<\/h2>\n

The Bitcoin price clawed back to $86,000 over the weekend after last week\u2019s crash<\/a>, but the bounce felt shaky. Every recovery has been capped by selling pressure near the mid-$80Ks. Earlier today, in Asia trading hours, the Bitcoin price briefly touched above $89,000 before slumping to $87,000.<\/p>\n

That hesitation mirrors the broader macro setup. Fed Governor Christopher Waller backed a December rate cut, citing<\/a> softening labor data. But he made clear the central bank remains fully data-dependent. Markets heard \u201cmaybe,\u201d not \u201cyes.\u201d\u00a0<\/p>\n

Rate-cut optimism had been a major engine for the Bitcoin price\u2019s breakout above $100K earlier this year. Now traders are grappling with uncertainty.<\/p>\n

Meanwhile, institutional flows remain negative. Funds continue trimming exposure heading into year-end, and US regulatory drift is not helping. The Senate slowdown<\/a> on digital-asset legislation has dampened confidence just as ETFs helped push new capital into the market.<\/p>\n

Technicians eye $80,000 \u2014 and then $70,000<\/h2>\n

Technical analysts from Bitcoin Magazine<\/em> say<\/a> Bitcoin\u2019s structure is damaged but not broken. The break of the multi-week broadening wedge points to a possible retest of $70,000, even if the market manages a temporary rally first.<\/p>\n

For now, the path is simple: hold above $84,000 and bulls keep a real shot at retaking $91,400 and $94,000. Lose $84,000, and the market likely slides toward $75,000, with a break below that opening the high-volume support zone at $72,000\u2013$69,000.<\/p>\n

Veteran analysts note that 30% drawdowns are routine for Bitcoin. Anthony Pompliano reminded<\/a> CNBC viewers yesterday that the asset has endured 21 such drops in the past decade. Seven were deeper than 50%. Bitcoin\u2019s long-term holders tend to treat these episodes as background noise \u2014 painful, but familiar.<\/p>\n

For now, traders are watching the charts, the whales, the Fed, and their own nerves. Bitcoin price sits at $86,819 \u2014 bruised, but not broken \u2014 waiting for its next catalyst.<\/p>\n

This post Bitcoin Price Sits Down Over 30% From All-Time Highs as Market Waits for Next Catalyst<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Bitcoin Price Sits Down Over 30% From All-Time Highs as Market Waits for Next Catalyst Bitcoin price is down more than 30% from its October record and continues to leak lower, slipping another 1% overnight to trade near $87,000 this morning. It\u2019s the latest episode of a near two-month-long drawdown that has caught […]<\/p>\n","protected":false},"author":0,"featured_media":5596,"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-5595","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\/5595","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=5595"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5595\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5596"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}