Key Notes
- Market volatility intensified as Bitcoin whale buyers continued large-scale sell-offs, contributing to the sharp value decline.
- Supreme Courtroom case on Trump’s tariff powers triggered risk-off sentiment, spooking each fairness and digital asset buyers.
- US spot Bitcoin ETFs recorded fourth consecutive day of outflows with $187 million withdrawn, signaling profit-taking exercise.
Bitcoin
BTC
$102 377
24h volatility:
1.3%
Market cap:
$2.04 T
Vol. 24h:
$102.71 B
value tumbled beneath the $100,000 mark for the primary time in three months, sliding greater than 6% on Nov. 4, 2025. The decline prolonged Bitcoin’s losses to twenty% from its October report highs close to $124,500.
Crypto market liquidations crossed $1.3 billion on Nov. 4, 2025. | Supply: Coinglass
Data from Coinglass revealed that over 339,448 merchants have been liquidated prior to now 24 hours, totaling $1.3 billion throughout the crypto market. Bitcoin accounted for $445 million of these losses, signaling the steepest bull wipeout since August.
Large sell-offs from Bitcoin whale investors additionally continued on Nov. 4, 2025, additional exacerbating the BTC value decline beneath $100,000.
Sequans Redeems 50% of Convertible Debt By means of Strategic Asset Reallocation.
This transfer opportunistically leverages Bitcoin holdings to boost monetary flexibility, cut back Debt-to-NAV ratio, and enhance buyback capability whereas preserving long-term treasury optionality. $SQNS
Study… pic.twitter.com/bTbVMQGC2T— Sequans (@Sequans) November 4, 2025
Sequans Communications, a publicly listed semiconductor firm, introduced that it had redeemed 50% of its convertible debt utilizing Bitcoin holdings. The agency bought 970 BTC, value roughly $94.5 million, to deliver its debt-to-NAV ratio down from 55% to 39%.
Why Is Bitcoin Value Falling As we speak?
The broader risk-off tone in international markets intensified on Nov. 4, 2025, following experiences that the US Supreme Courtroom would hear a case regarding Trump’s executive powers on tariff enforcement. The transfer reignited commerce battle fears, spooking each fairness and digital asset buyers.
According to Reuters, prime Wall Avenue executives are warning buyers to brace for an imminent 10% correction in fairness markets inside the subsequent 12 to 24 months, citing overvalued costs.
Including to the strain, US spot Bitcoin ETFs recorded their fourth consecutive day of outflows, with $187 million withdrawn on Nov. 3, 2025. The sustained withdrawals counsel institutional buyers are taking income and reallocating capital to short-term bonds amid international uncertainty.
Bitcoin Value Forecast: Technical Breakdown Factors to $98K Assist Zone
On the 12-hour BTC/USDT chart, Bitcoin trades close to $101,290, down 3.15%, as promoting strain intensifies throughout main exchanges. The Keltner Channel (KC) bands have widened, signaling heightened volatility. The higher band sits close to $114,517, whereas the decrease band supplies interim assist at $103,321, with BTC value at present testing beneath it.
Bitcoin (BTC) Technical Value Evaluation | BTCUSDT
The MACD indicator underscores ongoing bearish momentum. Each the MACD line (-896.20) and sign line (-798.14) stay deep in damaging territory, confirming that bears preserve management. The widening histogram highlights rising draw back momentum, suggesting additional declines earlier than stabilization.
In the meantime, the Quantity Delta (-2.02K) displays a dominant promote imbalance, confirming that promote orders proceed to outweigh shopping for curiosity. The breakout chance of 58.24% on the draw back reinforces this bearish narrative.
If Bitcoin fails to carry above $100,000, it dangers extending losses towards the $98,000, $96,500 vary, key demand zones that beforehand acted as accumulation areas in September. A sustained shut beneath $96,000 may validate a deeper correction towards $92,000.
Nevertheless, if BTC rebounds above the mid-Keltner resistance at $108,919, the subsequent upside goal lies round $114,500, aligning with the higher channel boundary and prior consolidation zone.
For now, with a 60.67% buying and selling profitability price, Bitcoin stays technically oversold however susceptible to macro-driven volatility. Brief-term merchants ought to monitor liquidation clusters close to $98K, which may doubtlessly set off a aid rally if market sentiment stabilizes.
Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed info however shouldn’t be taken as monetary or funding recommendation. Since market situations can change quickly, we encourage you to confirm info by yourself and seek the advice of with an expert earlier than making any choices primarily based on this content material.
Ibrahim Ajibade is a seasoned analysis analyst with a background in supporting varied Web3 startups and monetary organizations. He earned his undergraduate diploma in Economics and is at present finding out for a Grasp’s in Blockchain and Distributed Ledger Applied sciences on the College of Malta.
