Bitcoin falls below $100K amid $1.2B ETF outflows, but institutional demand and liquidity signs support rebound

first published 2025-11-09T13:48:19Z

Bitcoin (BTC) has fallen roughly 20% from its year-to-date high, trading near $101,900 with a market cap around $2T. Drivers include deleveraging after large liquidations, futures open interest falling from $94B to $67B, heavy whale selling, and significant ETF outflows (~$558M on Friday; ~$1.22B weekly). Technicals show a breached weekly rising wedge, bearish RSI and Trend Strength Index divergence, a daily bearish pennant and double-top, and a death cross (50- and 200-day MAs crossed on Nov 1). Analysts cite key support at $98,220; a break could extend toward $95,000.

AI Analysis

Facts in the summary: BTC down ~20% from YTD high; futures OI fell from $94B to $67B; large ETF outflows (~$558M Friday, ~$1.22B weekly); whale selling and deleveraging after liquidations; multiple bearish technical signals (breached rising wedge, RSI/TSI divergence, bearish pennant, double-top, death cross); support at $98,220 with potential extension to $95,000.

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