{"id":48702,"date":"2025-11-06T10:09:48","date_gmt":"2025-11-06T15:09:48","guid":{"rendered":"https:\/\/bitcoinmagazine.com\/?p=48702"},"modified":"2025-11-06T10:10:03","modified_gmt":"2025-11-06T15:10:03","slug":"bitcoin-dips-below-100k-is-moonvember-still-on-the-table","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/sponsored\/bitcoin-dips-below-100k-is-moonvember-still-on-the-table","title":{"rendered":"Bitcoin Dips Below $100K – Is \u201cMoonvember\u201d Still on the Table?"},"content":{"rendered":"
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After a record-setting October that saw Bitcoin blast to new all-time highs above $126,000, the market finally hit turbulence. On November 4, BTC briefly slipped below $100,000 for the first time since June, tagging lows around $99,000 before dip-buyers stepped in. Prices recovered to roughly $104,000 before dipping back below $102,000 this morning, with traders asking a familiar question: Is this just another shakeout before Bitcoin\u2019s most statistically bullish month – or the start of a new downtrend?<\/p>\n\n\n\n

Why Bitcoin Dropped Under Six Figures<\/strong><\/h3>\n\n\n\n

After months of steady inflows and euphoric momentum, several forces collided in early November.<\/p>\n\n\n\n

Macro jitters:<\/strong> A pullback in global equities and renewed uncertainty around the Federal Reserve\u2019s rate-cut path pushed investors out of risk assets. Bitcoin, now widely treated as a macro-sensitive asset, got caught in the downdraft.<\/p>\n\n\n\n

ETF profit-taking:<\/strong> Following record summer inflows, spot Bitcoin ETFs saw their first notable outflow streak as traders locked in profits from the $60 billion rally. That selling pressure, combined with tighter liquidity, broke the $100K floor.<\/p>\n\n\n\n

Leverage reset:<\/strong> Derivatives data showed billions in long positions liquidated once BTC slipped below key technical levels – a classic \u201cwashout\u201d that historically marks the middle, not the end, of bull cycles.<\/p>\n\n\n\n

Put simply: overheated positioning met macro uncertainty, and the market blinked.<\/p>\n\n\n\n

Moonvember or Market Top?<\/strong><\/h3>\n\n\n\n

Bitcoin veterans call November \u201cMoonvember\u201d for a reason. Historically, it\u2019s been the network\u2019s strongest month, with an average double-digit gain across prior cycles – though not every year delivers fireworks.<\/p>\n\n\n\n

The bull case:<\/strong>
<\/strong>A 20 percent pullback after new highs is typical mid-cycle behavior. Supply on exchanges remains thin, and corporate and sovereign accumulation continue. If those forces hold, a rebound toward prior highs by month\u2019s end isn\u2019t far-fetched.<\/p>\n\n\n\n

The bear case:<\/strong>
<\/strong>Technically, Bitcoin is already in a \u201cbear market\u201d after falling more than 20 percent from its peak. ETF outflows and risk-off macro conditions could cap upside through winter, especially if $100K fails to hold as support.<\/p>\n\n\n\n

History suggests November favors the optimists – but never guarantees them a win.<\/p>\n\n\n\n

Predict the Market with Duelbits<\/strong><\/h3>\n\n\n\n

Moments like this split the crowd: some see a buying opportunity, others call it a top.
On Duelbits Casino<\/strong><\/a>, users can test those convictions through Bitcoin price-prediction markets that mirror these very debates.<\/p>\n\n\n\n

You can explore live markets such as:<\/p>\n\n\n\n