Биткоин потерял уровень $99 000 на фоне рекорда ликвидаций и падения доверия инвесторов Translation: Bitcoin Falls Below $99,000 Amid Record Liquidations and Declining Investor Confidence

The Fear and Greed Index plummeted to 15 points

On the evening of November 13, the leading cryptocurrency fell below $99,000, despite persistent resistance over the past week.

At the time of writing, the asset is trading around $98,400, having lost 3% in a day.

Since November 11, Bitcoin has exhibited signs of weakness. At that time, its price dropped from $107,000 to $102,000. On November 12, after recovering to $105,000, the asset experienced another correction down to $101,000, but failed to breach that psychological barrier.

However, even the end of the U.S. government shutdown did not assist Bitcoin in maintaining its values.

Shortly before today’s decline, analysts from Glassnode noted that long-term holders (LTH) accelerated profit-taking, as «bulls actively defended the $100,000 mark.»

This position was confirmed by CryptoQuant. According to their data, over the last 30 days, LTH realized approximately 815,000 BTC — a record figure since January 2024.

Researchers at Arkham also reported that earlier today, early Bitcoin whale Owen Ganden sold coins worth $290 million. His wallets now contain assets valued at $250 million.

According to CoinGlass, the liquidation volume over the past day reached $500 million, with the majority ($411 million) stemming from longs.

Following Bitcoin, other top 10 cryptocurrencies also saw declines. The only exception was XRP, which cushioned the downturn thanks to positive news about the launch of an exchange-traded fund.

The cryptocurrency Fear and Greed Index has dropped to 15 points, indicating «extreme fear.»

As a reminder, analysts from QCP Capital identified factors supporting Bitcoin through the end of the year.