Bitcoin whales bet on decline as price drops below $95,000

Large cryptocurrency traders are betting heavily on further declines as Bitcoin slipped below key support levels this week, marking a dramatic shift in market sentiment following the cryptocurrency's fall from recent highs.

Bitcoin traded around $95,500 on November 16, recovering modestly from Friday's drop below $95,000—the first time the digital asset traded at that level since May 2025. The decline represents a sharp reversal from early October, when Bitcoin reached an all-time high above $126,000. #Bitcoin #CryptoNews #BTC #CryptoMarket #BitcoinWhales #MarketTrends #DigitalAssets #FinanceNews https://www.perplexity.ai/...