Bitcoin Tumbles from $111K to $107K: What Happened?

Ela Fatima
6 Min Read

Last updated on November 03, 2025

This Article Was First Published on The Bit Journal.

The Bitcoin price has gone up this weekend and surpassed $111,000, which has led to the whole crypto market getting excited about it. The data from the blockchain revealed that several large wallets were transferring thousands of BTC to exchanges and this made traders and analysts from all over the world pay attention to the matter.

These kinds of moves usually mean that the big holders, or whales, might get ready to cash out their investments, or profits. The price rise, combined with whale transaction activity, informed the experts, who subsequently voiced caution and said that market strength could dip soon if whales keep on selling.

Whales on the Move

Early Monday morning the Bitcoin price is around $110,678.55. This is the rate published by live market data. The rate has become the area where buyers and sellers are locked in a battle for control. The trading volume during the weekend was below the weekly average which usually leads to the magnification of price swings and the fueling of rapid corrections.

On-chain analyzers have also indicated that there is a significant increase in BTC being sent to major exchanges that could be interpreted as large investors moving coins for the purpose of selling. Historically, when whales send large amounts of Bitcoin to trading platforms, it often precedes short-term volatility.

Market watchers say that if these inflows persist into the week, the recent rally could lose momentum. However, if the selling pressure eases and liquidity returns, Bitcoin could hold its gains above key support levels.

Key Support and Resistance

Technical analysts consider the $110,000 mark as a decisive level and are watching it very closely, which they say will determine the short-term trend of Bitcoin.

Above the line, the Bitcoin price will be the main reason why analysts predict it will be the time when the gradual rise to $120,000 to $130,000 will be possible in the next few weeks. In case the price drops below $110,000, it might lead to the range of the correction being moved to $90,000-$100,000.

Bitcoin Price
Source: X (Formerly Twitter)
The data also indicates that the resistance in the short term is at $113,000 and the support is at $108,500. The above mentioned levels will probably move along with Bitcoin till mid-November as the traders will be basing their decisions on the on-chain signals as well as the global market situation.

Scenario Breakdown

OutlookExpected RangeKey Triggers
Bullish$120,000–$130,000Increased institutional buying, low sell volume
Neutral$105,000–$110,000Range-bound consolidation, steady liquidity
Bearish$90,000–$100,000Persistent exchange inflows, broken technical support

In every case, liquidity, mood in the market, and the presence of institutions were the main factors influencing Bitcoin’s future. The traders are looking very closely at the exchange-traded fund (ETF) activities, the money going in and out of exchanges, and the overall economic situation to find out where the major change will be next.

What to Watch Next

  • Exchange inflows: Bitcoin shifting to exchanges usually before significant sales.
  • Institutional flows: Contributions from companies or funds, indicating the market’s long-term trust.
  • Macroeconomic updates: Central bank decisions or global market stress could influence investor appetite.
  • Support strength: A strong holding of $110,000 would encourage the bulls, but a drop under that level might bring in new sellers.

Conclusion

The Bitcoin price is at a crucial point where it can go either way, to the side of optimism or to the side of caution. The current price of BTC is almost $110,678, which causes the traders to take a close look at the giant investors whether they would still sell or would come back to the process of accumulating.

Should the support prevail, then the Bitcoin price could take the next leap towards $120,000 and possibly even higher. If it fails, a correction toward $90,000 to $100,000 becomes more likely. For now, discipline, patience, and awareness of market signals remain essential as Bitcoin enters another pivotal week.

Glossary of Key Terms

  • Whales: Large investors whose trading activity can sway market trends.
  • Support level: A price range where demand typically stops further declines.
  • Exchange inflows: Bitcoin moving into exchanges, often before major selloffs.
  • Institutional flows: Investments from corporations or funds, reflecting long-term confidence in the market.

FAQs About Bitcoin Price

Q: Why is $110,000 a key level for Bitcoin?

It acts as both psychological and technical support, shaping near-term momentum.

Q: What could lift Bitcoin higher this month?

Lower whale activity, stronger ETF inflows, and increased institutional participation.

Q: What risks could pull prices lower?

High selling pressure, weaker liquidity, and negative macroeconomic factors.

Q: Is Bitcoin still expected to rise this year?

Analysts remain divided, though many expect moderate gains if support stays intact.

Disclaimer

The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.

You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.

Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.

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Ela Fatima is a Crypto Journalist, SEO Content Writer, and Storyteller specializing in cryptocurrency, blockchain, digital assets, decentralized finance (DeFi), tokenization, Web3, and emerging financial technologies. Since 2025, she has been covering the rapidly evolving crypto industry, delivering timely news, market analysis, and feature stories that make complex financial concepts accessible to a global audience. Her reporting focuses on Bitcoin, Ethereum, XRP, Solana, exchange traded funds (ETFs), institutional adoption, blockchain innovation, regulation, artificial intelligence in blockchain, and macroeconomic developments shaping digital asset markets.With a background in English literature and education, Ela brings analytical thinking, research driven journalism, and engaging storytelling to every article she writes. She believes that accurate reporting should be informative, balanced, and accessible, enabling readers of all experience levels to better understand the evolving digital asset ecosystem. Her approach combines thorough research, reliable source verification, SEO best practices, and clear, reader friendly writing while maintaining high editorial standards.Ela has written for leading digital publications, including The Bit Journal, TurkishNYRadio, and DT News, where she has covered hundreds of stories on cryptocurrency markets, blockchain innovation, tokenized real world assets, stablecoins, regulation, fintech, and emerging technologies. Her work emphasizes factual accuracy, balanced reporting, and meaningful insights that help readers navigate an increasingly dynamic financial landscape.She earned her Bachelor's degree in English Literature from Quaid-e-Azam University, Islamabad, Pakistan. She has also completed professional certifications in Creative Writing, Freelancing, Digital Literacy, and WordPress, reflecting her commitment to continuous learning and excellence in digital publishing. Beyond journalism, Ela is a published poet whose work has appeared in several anthologies, demonstrating her passion for language, creativity, and meaningful storytelling.Whether reporting on breaking market developments or exploring the broader impact of blockchain technology, Ela is committed to producing journalism that is credible, insightful, and accessible for both newcomers and experienced participants in the crypto industry.
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