{"id":91018,"date":"2025-11-13T21:41:52","date_gmt":"2025-11-13T18:41:52","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=91018"},"modified":"2025-11-13T21:45:38","modified_gmt":"2025-11-13T18:45:38","slug":"bitcoin-plummets-below-99000","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-plummets-below-99000\/","title":{"rendered":"Bitcoin Plummets Below $99,000"},"content":{"rendered":"

On the evening of November 13, the leading cryptocurrency fell below $99,000, despite persistent resistance throughout the week.<\/p>\n

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15-minute BTC\/USDT chart on Binance. Source: TradingView<\/a>.<\/figcaption><\/figure>\n

At the time of writing, the asset is trading around $98,400, having lost 3% in a day.<\/p>\n

Since November 11, Bitcoin has shown signs of weakness. Its price fell from $107,000 to $102,000. On November 12, after recovering to $105,000, the asset experienced another correction to $101,000, but did not cross the psychological threshold.<\/p>\n

However, even the end<\/a> of the US government shutdown did not help Bitcoin maintain its value.<\/p>\n

Shortly before today’s decline, Glassnode analysts noted that long-term holders (LTH) accelerated profit-taking as “bulls actively defended the $100,000 mark.”<\/p>\n

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Long-term $BTC<\/a> holders are accelerating their distribution, with supply declining fast and net position change falling sharply into negative territory.
LTHs are booking profits as bulls defend $100k. https:\/\/t.co\/yatqA1O7nd<\/a> pic.twitter.com\/rZ8XMSRZXR<\/a><\/p>\n

\u2014 glassnode (@glassnode) November 13, 2025<\/a><\/p><\/blockquote>\n