{"id":56719,"date":"2025-11-04T23:01:32","date_gmt":"2025-11-04T23:01:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=56719"},"modified":"2025-11-04T23:01:32","modified_gmt":"2025-11-04T23:01:32","slug":"bitcoin-price-slides-below-105k-amid-186m-etf-outflows","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=56719","title":{"rendered":"Bitcoin Price Slides Below $105K Amid $186M ETF Outflows"},"content":{"rendered":"
\n

The Bitcoin price extended its decline on Tuesday, plunging below $103,700, its lowest level since June, as the crypto market faced one of the largest liquidation waves in weeks.<\/p>\n

Data from Coinglass showed that more than $1.27 billion in leveraged positions were wiped out in 24 hours, with long traders accounting for nearly 90% of the losses. The slide follows Bitcoin\u2019s break below its 200-day moving average near $109,800, a critical support zone that had held firm for four months.<\/p>\n

The Bitcoin price drop triggered widespread panic, pushing the Crypto Fear & Greed Index<\/a> to 21, signaling \u201cextreme fear.\u201d Altcoins mirrored the weakness, with Ethereum (ETH) dropping 6% to $3,500, Solana (SOL) sliding 10% below $160, and XRP shedding 5.5%.<\/p>\n

Market analysts attributed the downturn to renewed uncertainty over Federal Reserve policy. Chair Jerome Powell\u2019s remarks last week tempered expectations of a December rate cut, sending Treasury yields higher and weakening investor appetite for risk assets like Bitcoin.<\/p>\n

\"Bitcoin<\/p>\n

ETF Outflows and Whale Selling Amplify Pressure<\/strong><\/h2>\n

Further fueling the downturn, Bitcoin ETFs<\/a> saw significant redemptions, totaling $186.5 million on Monday, the largest single-day outflow since early 2024.<\/p>\n

According to Farside Investors, BlackRock\u2019s iShares Bitcoin Trust (IBIT) was solely responsible for the drawdown, while other major ETFs like Fidelity\u2019s FBTC and ARK 21Shares\u2019 ARKB remained neutral.<\/p>\n

The sharp ETF withdrawals coincided with an intensification of whale activity across exchanges. Data from Lookonchain revealed that long-term holders moved over 400,000 BTC, around 2% of the total supply, to trading platforms in the past 30 days.<\/p>\n

One early investor reportedly transferred 13,000 BTC ($1.4 billion) since October, while another whale deposited over 3,200 BTC to Kraken. Analysts suggest that these moves signal mounting profit-taking and a weakening of conviction among long-term holders.<\/p>\n

Despite rising self-custody activity on Binance, on-chain data from CryptoQuant indicated that dip-buying momentum remains fragile, suggesting accumulation may not yet be strong enough to reverse the trend.<\/p>\n

Bitcoin Price Support at $100K in Focus as Sentiment Turns Bearish<\/strong><\/h2>\n

With the Bitcoin price<\/a> now hovering below key technical levels, analysts warn that a retest of the $100,000 psychological threshold is likely. Breaking this level could expose BTC to deeper losses, potentially reaching $77,000, aligning with the 61.8% Fibonacci retracement zone and the April 2025 lows.<\/p>\n

Still, some strategists maintain that the long-term bull trend remains intact. \u201cEach correction since 2023 has been followed by renewed accumulation near the 50-week moving average,\u201d said Joel Kruger of LMAX. \u201cThe current pullback may be painful, but it\u2019s consistent with Bitcoin\u2019s cyclical structure.\u201d<\/p>\n

As market fear intensifies and ETF flows remain negative, the Bitcoin price\u2019s ability to defend the $100K level could determine whether the next phase is a temporary correction or the start of a deeper retracement.<\/p>\n

Cover image from ChatGPT, BTCUSD chart from Tradingview<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Bitcoin price extended its decline on Tuesday, plunging below $103,700, its lowest level since June, as the crypto market faced one of the largest liquidation waves in weeks. Data from Coinglass showed that more than $1.27 billion in leveraged positions were wiped out in 24 hours, with long traders accounting for nearly 90% of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-56719","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/56719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56719"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/56719\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}