Cryptocurrency market news

Veteran trader Peter Brandt has shared how deep the decline in Bitcoin’s price could be during the bearish trend that emerged in October.

New holders of digital gold sold more than 148,000 BTC at a loss on November 14. A drop in price below the yearly open at $93,000 may trigger a move into the zone below $90,000.

According to the economist, Strategy stays afloat only because large funds are buying its preferred shares with a promised high yield — payments that will never actually materialize.

In an interview with real estate mogul Grant Cardone, MicroStrategy chairman Michael Saylor said that Bitcoin has finally stabilized and is ready for a new phase of growth, as “most of the liquidation selling is happening outside the system.”

The author of the bestseller Rich Dad, Poor Dad, Robert Kiyosaki, told his 2.8 million followers on X that he does not intend to sell Bitcoin (BTC) and gold amid the correction.

A strategist speaking on the Crypto Goes Mainstream podcast said that, based on his observations, since 2009 the cryptocurrency market has followed a strict four-year price cycle.

According to analysts, the increase in large player activity indicates that Ethereum has reached a local bottom. Corporate investors are using the dip in the second-largest cryptocurrency by market capitalization as an opportunity to enter the Ethereum market. At the same time, retail traders remain cautious.

Ki Young Ju drew attention to significant pressure from large Bitcoin holders. The so-called whales began selling BTC worth billions of dollars when Bitcoin reached $100,000. This created an oversupply of the first cryptocurrency on the market, becoming one of the reasons for Bitcoin’s 20–30% correction from its all-time high of $126,025, the businessman suggested.

At the BCVC 2025 event held at the Harvard Club of New York, Miran described stablecoins as a “multi-trillion-dollar problem for central banks” and said he expects a massive outflow of funds from banks if large volumes of capital are quickly moved between banks and stablecoin issuers.

According to the expert, investors are beginning to realize that the real revolution is not Bitcoin itself, but blockchain, which is now used almost everywhere. There are many other projects in the digital economy promising higher returns than the first cryptocurrency, which still lacks widespread real-world use, said Uphold’s head of research.

Shawn Yang, chief analyst at MEXC Research, has forecasted growth in the cryptocurrency market over the next year. According to him, if current macroeconomic trends persist, by November 2026 the price of Bitcoin (BTC) will range between $100,000 and $115,000, and in a positive scenario, it could reach $120,000. Ethereum (ETH), according to Yang’s estimates, could rise to $6,000–$7,000 during the same period.

Cryptocurrency markets have recently shown weakness after the largest liquidation of digital tokens in history occurred in October amid U.S. threats to impose triple-digit tariffs on goods from China and tighten export controls on software.

Mow emphasized that Bitcoin’s attractiveness for corporate treasuries as a store of long-term value lies in the special role of the first cryptocurrency, which combines the properties of gold and the capabilities of modern finance. According to him, Bitcoin, like gold, first gained value in the eyes of investors and companies, not by government decree.

Since October 12, whales have sold 32,500 BTC, while small investors have been actively buying the dip. This divergence in behavior acts as a warning signal for Bitcoin, experts at Santiment noted.

According to banking experts, the sharp drop in Bitcoin’s price on October 10–11 and November 4–5 was caused by an “unhealthy and unstable background” in the derivatives market.

Bloomberg Intelligence strategist Mike McGlone has predicted that Bitcoin could fall to $56,000.