Bitcoin Price Drops Below $104K, New Buyers Target $92K
ByAinvest
Tuesday, Nov 4, 2025 4:00 am ET1min read
BTC--
Bitcoin price dropped below $104,000, sparking concerns of sub-$100,000 levels. Traders anticipate a correction towards the CME futures gap at $92,000. Short-term holders face growing unrealized losses as the Net Unrealized Profit/Loss (NUPL) indicator for short-term holders returns to "capitulation" territory. Market participants believe $100,000 support will fail, and Bitcoin whales are selling massively.
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