Bitcoin Price Correction: Factors and Market Impact

Significant Price Drop Below $100,000 Threshold

The bitcoin price experienced a substantial decline, dropping 6.04% in 24 hours to $97,367.83 on November 14, 2025. This price movement brings the cryptocurrency below the significant psychological level of $100,000. According to data from coinmarketcap.com, the decline represents a significant correction in the cryptocurrency's value.

Key Factors Behind the Correction

Analyst Fyqieh Fachrur from Tokocrypto identified several concurrent factors contributing to the price correction:

1. Massive institutional outflows: Bitcoin Spot ETFs experienced outflows exceeding $866 million in recent days
2. Macroeconomic shocks: Global economic factors creating pressure on risky assets
3. Technical weakness: Deteriorating technical indicators signaling further downside
4. Deteriorating market sentiment: Sentiment reaching a six-month low, exacerbating selling pressure

The combination of these factors, particularly the significant ETF outflows, led to thousands of BTC being sold into a market with thinning liquidity. This created a mechanical selling pressure that accelerated the price decline.

Market Implications

The drop below $100,000 has significant psychological impact on market participants. The weakening technical position and continued institutional selling suggest potential for further price movements. Market watchers will be monitoring liquidity conditions and ETF flows for signs of stabilization or further decline.