There has been a huge decline in the price of Bitcoin in the year 2025. For the first time since June, Bitcoin has gone below $1 lakh (less than ₹83 lakh). After falling by about 20% from the record high in the beginning of October, it is now considered to be in a bear market. According to reports, due to this decline, the total value of the entire crypto market has decreased by more than 1 trillion dollars (approximately ₹ 83 lakh crore). That means this is one of the biggest declines of the year.
How did 1 trillion dollars sink?
Experts say that this decline is not due to weakening of the fundamental strength of Bitcoin, but due to excessive leverage (trading on credit). Due to this the fluctuations in the market increased further. According to the report, accounts of about 3 lakh traders are being liquidated (forced closed) every day. On October 10, there was a massive liquidation of $20 billion, which further accelerated the decline. An analyst report said, leverage is like a dangerous drug, that is, even a little news or tweet shakes the market.
Why did the price of Bitcoin break below $100,000?
According to data firm Glassnode, Bitcoin broke its important support level of $109,000 and is now trading around $103,500. The next support is near $99,000, which usually acts as a protective shield during market declines.
Short-term traders increased pressure
Data from CryptoQuant shows that short-term traders (those who bought recently) are selling at huge losses. According to the report, today alone around 30,000 bitcoins were deposited on the exchange at a loss, which further increased the atmosphere of fear in the market. The indicator called STH-SOPR is around 1 which indicates that confidence in the market has weakened. As soon as the price rises slightly, traders immediately take profits, limiting the scope for further upside.
Still, why are institutional investors buying Bitcoin?
Despite the decline, big financial institutions and investment firms continue to buy Bitcoin. According to data from Binance, Bitcoin is still below its moving average at $112,000, but the loss is very minimal (just 0.06%). This means that most investors have purchased Bitcoin at the current price or lower, that is, they are not at much loss at the moment.
Money is also coming in rapidly in Bitcoin ETF
Despite the falling market, 50,000 Bitcoins have been invested in Bitcoin ETF (Exchange Traded Fund) in the last 30 days. It is clear from this that the confidence of big investors is still intact. Shawn Young, Chief Analyst of MEXC Research, says, continuous buying of coins by big companies, trade agreement between US-China, and improvement in the stock market are all indicating recovery in November.
Will Bitcoin be able to cross $113,000 again?
Now the most important resistance level for the market is between $111,000 and $113,000. According to Shawn Young, if Bitcoin breaks this level, it can quickly reach $117,000, and if conditions remain favourable, it can even touch the old record of $126,000.
Bitcoin is still strong in the long term
Analyst Plan C believes that this is just a temporary decline and the bull market is not over yet. He said, the chances of Bitcoin going below $70,000 are very less. Even if the market falls, support will be found between $80,000-$90,000. He says that now Bitcoin is not what it used to be and the increasing influence of institutional investment has made it a stable and serious investment instrument. Now gone are the days when people thought that Bitcoin could go to zero. In short, Bitcoin is under pressure at the moment, but big investors and institutions are considering it a long-term opportunity and market experts expect another surge in November.