The expert warned about the risk of further decline of bitcoin

The decline in the bitcoin price to $95,933 was a continuation of the correction that began on November 13, when bitcoin trading closed at $99,692. The main reason is a sharp rethinking by investors of market expectations for the monetary policy of the US Federal Reserve. Vasily Girya, the owner and CEO of GIS Mining, told Izvestia about this on November 14.

"Today, the market is largely not planning an easing of the monetary policy of the US Federal Reserve in December: instead, the likelihood of maintaining high rates increases against the background of steady inflation in the United States (~3%) and alarming signals from regulators," he said.

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What can this affect and how will the checks be carried out?

The lack of fresh employment data (the BLS lost October figures) exacerbates uncertainty and gives the hawks additional arguments for a wait-and-see attitude. In such conditions, risky assets — including BTC — lose their liquidity support, and sales in the technology sector (Nvidia -3.6%, Nasdaq -2.05%) strengthen the general investor sentiment to avoid risks.

Keeping the bitcoin price at $95,500 and above gives a chance for consolidation in the range of $95 000 – 107 000 thousands, but a breakdown downwards will almost inevitably trigger a chain reaction of liquidations. In this case, the targets of $ 87,700 will be relevant for bitcoin, and in the absence of support from buyers, the mark of $77,500.

"Fundamentally, the recovery of the digital currency market has not yet been supported by either new public macro factors from the United States or internal market dynamics. Growth after halving and the launch of ETFs is already "in price," but there are no new catalysts yet. With such market conditions, a rapid return of the bitcoin price to the $105,000 mark is still unlikely," said Girya.

The middle of November may be decisive for bitcoin: will it hold its positions or will a deeper correction phase begin, which may mark the entry into a protracted sideways trend. At the same time, bitcoin as an investment exchange asset significantly increases its attractiveness among investors against the background of the correction.

Against the background of the high volatility of the cryptocurrency market, the positions of the Russian industrial mining industry remain in demand, and it continues to develop steadily. Private and institutional customers continue to modernize the computing equipment fleet against the background of the ruble's strong position in the international foreign exchange market. The complexity of mining decreased by almost 2.4% this week, and the profitability of modern equipment remains in a confident positive zone despite price fluctuations in the cryptocurrency market.

On October 11, it was reported that the cost of bitcoin dropped below $105 thousand for the first time since June 2025. At 00:19 Moscow time, bitcoin fell by 13.68%, reaching the level of $104,764. By 00:34 Moscow time, the cryptocurrency exchange rate recovered slightly to $111,338, which remained 8.25% lower than the previous level.

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