Bitcoin News Today: "Major Institutions Bolster Bitcoin’s $100K Support Amid Growing Bearish Sentiment"

Bitcoin Faces a Pivotal Test: Battling to Stay Above $100,000

Bitcoin is at a decisive juncture as it struggles to remain above the psychologically significant $100,000 level—a price point that has often acted as both a technical and mental support for the cryptocurrency. On November 3, 2025, Bitcoin slipped beneath $109,500, activating stop-loss orders and fueling speculation that it could breach the $107,000–$108,000 support range, according to a

. Experts are split: some interpret the current pullback as a short-lived shakeout before a rebound, while others caution that a more pronounced downturn could be ahead.

The technical outlook is ambiguous. Plan B, the creator of the stock-to-flow model, pointed out that Bitcoin’s monthly RSI stands at 66, reflecting strong momentum but

yet signaling an overbought market in a . His model estimates a fair value between $250,000 and $1 million, though the timeline remains unclear. Meanwhile, recent figures show the realized price is close to $56,000, with the 55-day moving average at $55,000, creating a foundational support similar to previous bull runs. Should Bitcoin fall below $107,000, it may revisit the $100,000 mark, which has provided solid support throughout 2025.

Market trends are evolving as institutional and corporate investors increasingly influence price movements, while retail involvement declines. U.S. spot

ETFs have experienced persistent outflows, with $797 million withdrawn on November 4 alone, based on a . This mirrors a broader pattern of smaller investors—often called "shrimps"—reducing exchange deposits in favor of ETFs and long-term self-custody, as highlighted in a . With retail activity diminishing, institutional accumulation has become the main driver of Bitcoin’s rise above $100,000, according to CryptoRank. In contrast, ETFs have defied the trend, drawing $84.88 million in net inflows over the past month despite SOL’s 30% price drop, reflecting a shift toward high-yield, scalable blockchain platforms as noted by Coinotag.

Broader economic conditions add further uncertainty. Federal Reserve Chair Jerome Powell’s hawkish comments have revived concerns about postponed interest rate cuts, strengthening the U.S. dollar and prompting investors to move away from riskier assets, as reported by Coinpedia. Outflows from Bitcoin ETFs have picked up speed, with BlackRock’s iShares Bitcoin Trust (IBIT) alone seeing $185 million withdrawn in November, according to Coinotag. Large holders are also transferring significant amounts to exchanges, with whales moving $1.48 billion in BTC since October 1, Coinpedia reports, raising fears of possible large-scale sales.

Bulls argue that Bitcoin’s long-term structural support remains intact. Bitwise CIO Matt Hougan projects a year-end target between $125,000 and $150,000, pointing to historical trends where retail capitulation often precedes a recovery, as stated in a

. He observes that institutional buying is still strong despite short-term swings, with major ETFs like IBIT, FBTC, and GBTC continuing to accumulate Bitcoin. Plan B’s model also indicates that the divergence between realized price and moving averages could signal the start of a new growth phase, as previously reported.

On the other hand, bearish signals are increasing. Although Bitcoin’s RSI is not yet overbought, it has failed to surpass key resistance points, and monthly outflows have topped $1 billion since late October, Coinotag notes. AG META, a digital asset management company, cautions that Bitcoin’s volatility could push it below $100,000 in the near term, leading investors to consider real-world asset (RWA) strategies for hedging, according to an

. On-chain metrics also reveal rising exchange reserves and outflows of stablecoins, suggesting a defensive stance in a .

The resolution of this standoff depends on whether the $107,000–$108,000 support holds. If Bitcoin stays above this range, a rebound toward $112,000 is possible; a breakdown could lead to a sharper drop to $93,000, according to Bitwise’s analysis. For now, volatility remains high, with over $1.7 billion in crypto liquidations recorded within 24 hours as of November 4, as detailed in a

.

As the year draws to a close, Bitcoin’s trajectory will likely be shaped by macroeconomic developments, institutional attitudes, and the strength of its underlying fundamentals. Investors should remain cautious—the contest for the $100,000 level is still ongoing.