Overview
- Bitcoin briefly fell to roughly $99,900 after earlier lows near $98,900 this week before hovering around the $100,000–$103,000 range.
- U.S. spot Bitcoin ETFs ended a six‑day outflow streak with about $239–$240 million of net inflows on Nov. 6, offering limited relief after a run of redemptions.
- Derivatives data show heavy stress, with roughly $713 million in leveraged crypto positions liquidated over 24 hours, including about $295 million tied to Bitcoin.
- Key supports are in play as price tests the 50‑week and 365‑day moving averages near $102,000, while analysts say regaining the short‑term holder cost basis around $112,500 is critical for a durable rebound.
- On‑chain metrics flag rising exchange inflows from short‑term “young” coins—estimated near $26 billion in October—alongside reports of long‑term holder supply reductions since July, all against a macro backdrop of bond‑market volatility and tight liquidity.