Key notes
- Market volatility intensified as Bitcoin whale investors continued their massive sell-off, contributing to the sharp decline in prices.
- The Supreme Court case on Trump’s tariff powers has stoked risk-averse sentiment, spooking investors in stocks and digital assets.
- US-based Bitcoin ETFs recorded their fourth straight day of outflows with $187 million withdrawn, indicating profit-taking activity.
Bitcoin
Bitcoin
$101033
24-hour fluctuations:
5.6%
Market value:
2.01 T
Vol. 24 hours:
$96.26 billion
The price fell below the $100,000 mark for the first time in three months, falling more than 6% on November 4, 2025. The decline extended Bitcoin’s losses to 20% from its record highs in October near $124,500.
Cryptocurrency market liquidations exceeded $1.3 billion on November 4, 2025. | Source: Coinglas
Data from Coinglas It revealed that more than 339,448 traders were liquidated in the past 24 hours, totaling $1.3 billion across the cryptocurrency market. Bitcoin accounted for $445 million of those losses, marking the biggest bull market loss since August.
Heavy selling from Bitcoin whale investors also continued on November 4, 2025, exacerbating Bitcoin’s price decline below $100,000.
Sequans is recovering 50% of convertible debt through a strategic asset redeployment.
The move opportunistically leverages Bitcoin holdings to enhance financial flexibility, reduce debt-to-NAV ratio, and enhance buyback capacity while maintaining long-term treasury options. $sequence
He learns… pic.twitter.com/bTbVMQGC2T– Follow (@follow) November 4, 2025
Sequans Communications, a publicly listed semiconductor company, announced that it has redeemed 50% of its convertible debt using Bitcoin holdings. The company sold 970 bitcoins, worth approximately $94.5 million, to reduce its debt-to-net asset value ratio from 55% to 39%.
Why is the price of Bitcoin falling today?
The tone of risk aversion in global markets intensified on November 4, 2025, after reports that the US Supreme Court would hear a case regarding… Trump’s executive powers regarding tariff enforcement. The move reignited trade war fears, spooking investors in stocks and digital assets.
According to ReutersTop Wall Street executives have warned investors to brace for an imminent 10% correction in stock markets over the next 12 to 24 months, citing overpricing.
Adding to the pressure, US-based Bitcoin ETFs recorded their fourth straight day of outflows, with a $187 million withdrawal on November 3, 2025. The continued withdrawals suggest institutional investors are taking profits and reallocating capital to short-term bonds amid global uncertainty.
Bitcoin Price Forecast: Technical Breakdown Points to $98K Support Area
On the 12-hour BTC/USDT chart, Bitcoin is trading near $101,290, down 3.15%, as selling pressure intensifies across major exchanges. The Keltner Channel (KC) bands have widened, indicating increased volatility. The upper band is located near $114,517, while the lower band provides temporary support at $103,321, with BTC price currently testing below it.
Technical analysis of Bitcoin (BTC) prices | Bitcoin/Dollart
The MACD indicator confirms the continued bearish momentum. Both the MACD line (-896.20) and the signal line (-798.14) remain deep in negative territory, confirming that the bears are maintaining their control. The expanding chart highlights increasing bearish momentum, indicating further declines before stabilization.
Meanwhile, delta volume (-2.02K) reflects a dominant selling imbalance, confirming that sell orders continue to outpace buying interest. The 58.24% breakout probability to the downside reinforces this bearish narrative.
If Bitcoin fails to sustain above $100,000, it risks extending losses towards the $98,000 and $96,500 range, key demand areas that previously served as accumulation areas in September. A sustained close below $96,000 could validate a deeper correction towards $92,000.
However, if BTC bounces above the mid-Keltner resistance level at $108,919, the next upside target is around $114,500, which is in line with the upper channel boundary and the previous consolidation area.
Currently, with a trading profitability rate of 60.67%, Bitcoin remains technically oversold but vulnerable to macroeconomic-driven fluctuations. Short-term traders should watch for liquidation sets near $98K, which could lead to a comfortable rally if market sentiment stabilizes.
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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to provide accurate and timely information but should not be considered financial or investment advice. Since market conditions can change rapidly, we encourage you to verify the information yourself and consult with a professional before making any decisions based on this content.
Ibrahim Ajibade is an experienced research analyst with a background in supporting several startups and financial institutions in the Web3 space. He has his undergraduate degree in Economics and is currently studying for a Masters in Blockchain and Distributed Ledger Technologies at the University of Malta.
The post Bitcoin Price Tumbles Below $100K as Crypto Liquidations Top $1.3B first appeared on Investorempires.com.
