{"id":63215,"date":"2025-11-19T20:43:26","date_gmt":"2025-11-19T20:43:26","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-slides-below-90k-as-crypto-correction-becomes-one-of-the-worst-since-2017\/"},"modified":"2025-11-19T20:43:26","modified_gmt":"2025-11-19T20:43:26","slug":"bitcoin-slides-below-90k-as-crypto-correction-becomes-one-of-the-worst-since-2017","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-slides-below-90k-as-crypto-correction-becomes-one-of-the-worst-since-2017\/","title":{"rendered":"Bitcoin slides below $90K as crypto correction becomes one of the worst since 2017"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/20251013_1327_Crypto-Market-Crash_simple_compose_01k7e94abmf3pvhqyzz3t6qryv-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/20251013_1327_Crypto-Market-Crash_simple_compose_01k7e94abmf3pvhqyzz3t6qryv-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/20251013_1327_Crypto-Market-Crash_simple_compose_01k7e94abmf3pvhqyzz3t6qryv-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/20251013_1327_Crypto-Market-Crash_simple_compose_01k7e94abmf3pvhqyzz3t6qryv-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Bitcoin plunges below $90K, erasing all gains for 2025.<\/li>\n<li>ETF outflows and leverage-driven liquidations deepen the selloff.<\/li>\n<li>Sentiment hits \u201cExtreme Fear\u201d as crypto markets shed over $1T.<\/li>\n<\/ul>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">Bitcoin crashed below $90,000 on Wednesday, marking a devastating 28% decline from its early October peak above $126,000.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">The plunge has erased all of crypto\u2019s 2025 gains and pushed the largest cryptocurrency into bear market territory.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">Ethereum tumbled 6% to below $3,000, while the broader crypto market saw roughly $1.2 trillion in value evaporate over recent weeks.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">Analysts say this 43-day drawdown now ranks among the <a href=\"https:\/\/www.theblock.co\/post\/379464\/bitcoin-derivatives-market-forming-dangerous-setup-as-hopes-of-swift-bounce-fuel-rapid-leverage-climb-k33?utm_medium=rss&amp;utm_source=chatgpt.com\">steepest corrections since 2017<\/a>, with forced liquidations and ETF outflows accelerating the selloff.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">The unwind feels sudden, given that Bitcoin looked unstoppable just six weeks ago.\u200b<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">What makes this collapse particularly brutal is how thoroughly it dismantles the bull narrative. Trump was supposed to be the \u201ccrypto president.\u201d<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">The spot Bitcoin ETF was supposed to unlock institutional buying. Instead, Bitcoin is negative for 2025, down 2% after climbing as high as +35% in October.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">Investors who chased breakouts above $120,000 are now underwater. That kind of momentum reversal breeds panic and forces margin calls.\u200b<\/p>\n<h2 class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">The liquidation cascade: Why leverage turned this into a bloodbath<\/h2>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">The mechanics of the crash tell you everything. K33 Research\u2019s Vetle Lunde noted that \u201csteady outflows from ETFs have also added fuel to the selloff.\u201d<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">US spot Bitcoin ETFs shed nearly $2.3 billion over five consecutive sessions. That\u2019s redemptions from big institutions that are simply walking away. When the largest buyers start selling, smaller traders follow in a herd stampede.\u200b<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">The real damage comes from leverage. The government shutdown eliminated key economic data, creating a data vacuum.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">Without employment numbers and inflation prints, the Fed\u2019s December rate-cut decision became genuinely uncertain. Suddenly, the \u201crate cuts will save crypto\u201d thesis evaporated.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">Leveraged long positions got liquidated in cascading forced sales. When Bitcoin swept below the average cost basis of spot Bitcoin ETFs, algorithmic selling kicked in.\u200b<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">Sentiment has completely inverted. The Crypto Fear and Greed Index remains pinned at \u201cExtreme Fear,\u201d the lowest it has been.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">Retail investors who bought near $125,000 are watching unrealized losses mount. Long-term holders haven\u2019t capitulated yet, but the on-chain data is starting to show cracks.\u200b<\/p>\n<h2 class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">Where does Bitcoin bottom? Analysts map out ugly scenarios<\/h2>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">Lunde\u2019s base-case scenario puts support between $84,000 and $86,000, but that\u2019s if this correction mirrors recent downturns.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">If it gets worse, if it mirrors the two deepest corrections in the past two years, Bitcoin could revisit April\u2019s lows near $74,000, where MicroStrategy\u2019s average entry sits.\u200b<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">The truly bearish case opens the door to an 80% drawdown from recent highs. That would put Bitcoin in the $20,000\u2013$25,000 zone, but analysts say that needs a full credit crisis to materialize.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">Right now, stocks are holding up. Risk assets aren\u2019t in freefall. That limits how low crypto can go without broader carnage.\u200b<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">For now, <a href=\"https:\/\/coinjournal.net\/news\/litecoin-price-forecast-weak-demand-could-push-ltc-below-90\/\">Bitcoin is stuck between competing forces<\/a>. Long-term holders are accumulating at these levels. Institutions aren\u2019t panicking enough to dump entirely.<\/p>\n<p class=\"my-2 [&amp;+p]:mt-4 [&amp;_strong:has(+br)]:inline-block [&amp;_strong:has(+br)]:pb-2\">But neither are they buying aggressively. Without a macro catalyst, a Fed pivot, tariff relief, or genuine AI-driven productivity gains, Bitcoin likely stays volatile and sloppy until early 2026.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/bitcoin-slides-below-90k-as-crypto-correction-becomes-one-of-the-worst-since-2017\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Bitcoin plunges below $90K, erasing all gains for 2025. ETF outflows and leverage-driven liquidations deepen the selloff. Sentiment hits \u201cExtreme Fear\u201d as crypto markets shed over $1T. Bitcoin crashed below $90,000 on Wednesday, marking a devastating 28% decline from its early [&hellip;]<\/p>\n","protected":false},"author":3947362395,"featured_media":63216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/63215"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362395"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=63215"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/63215\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/63216"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=63215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=63215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=63215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}