Headline: Биткоин падает ниже $99 000 на фоне рекордных продаж долгосрочных держателей Translation: Bitcoin Drops Below $99,000 Amid Record Sales by Long-Term Holders

The Fear and Greed Index has plummeted to 15 points.

On the evening of November 13, the leading cryptocurrency fell below $99,000, despite persistent resistance over the past week.

At the time of writing, the asset is trading around $98,400, having lost 3% in a single day.

Since November 11, Bitcoin began to show signs of weakness, dropping from $107,000 to $102,000. On November 12, after a minor recovery to $105,000, the asset faced another correction down to $101,000, failing to surpass the psychological barrier.

Even the recent end of the U.S. government shutdown could not help Bitcoin maintain its value.

Just before today’s decline, Glassnode analysts noted that long-term holders (LTH) had begun to accelerate profit-taking, as «the bulls were actively defending the $100,000 mark.»

This position was echoed by CryptoQuant, which reported that in the past 30 days, LTH sold approximately 815,000 BTC— a record since January 2024.

Arkham researchers also observed that early Bitcoin whale Owen Ganden sold coins worth $290 million today, leaving his wallets with assets valued at $250 million.

According to CoinGlass, the liquidation volume over the past day reached $500 million, with the majority ($411 million) related to long positions.

Following Bitcoin, other top 10 crypto assets also turned red, with the exception of XRP, which mitigated its decline due to positive sentiment from the launch of an exchange-traded fund.

The cryptocurrency Fear and Greed Index has dropped to 15 points, indicating «extreme fear.»

Let us recall that QCP Capital analysts identified the factors supporting Bitcoin through the end of the year.