In 2025, the price of Bitcoin fell sharply. In June, Bitcoin fell below $100,000 (less than 83 lakh) for the first time. It fell by almost 20% from its peak in early October.
Is this the right time to invest in Bitcoin?
According to the latest news, the total value of the entire crypto market fell by more than $1 trillion (about 83 lakh crore rupees) due to this fall. This is considered the biggest fall so far this year.
According to experts, this fall did not come because Bitcoin was weak. It came from trading on credit. This has increased the volatility session in the market. As a result, not only Bitcoin but also other crypto currencies are falling in the market. The accounts of about 3 lakh traders were forcibly closed every day. The liquidation of $20 billion on October 10 caused a major fall. According to many experts, ‘credit’ is an addiction. Even a simple piece of news can cause a market to shake. Investors either buy big or start a selling session.
Bitcoin price below $100,000?
According to data firm Glassnode, Bitcoin broke the $109,000 support level and is now trading near $103,500. The next support is near $99,000. According to CryptoQuant, the market is suffering heavy losses due to short-term traders. Nearly 30,000 Bitcoins have been lost today alone. The indicator called STH-SOPR is close to 1.
According to Sean Young, chief analyst at MEXC Research, large companies are continuously buying Bitcoin. The US-China trade deal and the improvement in the stock market are likely to lead to a correction in the crypto market in November.
The market is currently between $111,000 and $113,000. If Bitcoin breaks this level, a bullish trend could emerge.
Disclaimer: MoneyIndices.com does not recommend investing in any cryptocurrency. This is for informational purposes only. Please consult experts and financial advisors before investing.