Bitcoin falls below 94K! BTC is currently reported at 93901 dollars, with nearly 47 billion traded during the day.

GasWrangler

2025-11-16 19:20:14

[Coin World] Bitcoin has started to pullback today. I just took a look at the market, and the current price of BTC has fallen to $93901.99, a decrease of 2.29% in the last 24 hours. However, the Trading Volume is not low, with a daily trading amount reaching $46.983 billion, indicating that market activity is still quite lively.

This pullback came a bit unexpectedly; it was still hovering above 95K in the morning, but in the afternoon, it directly lost the 94K level. From the chart, the selling pressure is concentrated, and the short-term bulls are clearly struggling to hold on. Now, the key is whether it can defend the 93K line; if it continues to break down, it might need to test 92K or even lower.

Recently, the market has been experiencing increased volatility. It is advised that everyone manage their positions carefully and avoid chasing highs and cutting losses recklessly. When the market fluctuates significantly, spot holders tend to remain calmer, while contract traders should be cautious of the risk of liquidation.

BTC2.26%

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MissedAirdropBro

· 11-19 19:09

It's fallen again, what a daily occurrence. --- I was still dreaming at 95K in the morning, but got slapped in the face in the afternoon. --- With a Trading Volume of 47 billion, it shows there are still people buying the dip; I just can't understand it. --- If 93K can't hold, then it's over; let's see 92K. --- Lying flat in Spot is the most comfortable, those people in contracts deserve to Get Liquidated. --- Woke up from a nap and it's dropped again; this time I really missed the Airdrop. --- With such heavy selling pressure, who dares to chase the price? Are you tired of living? --- It feels like the days of getting slapped left and right are about to begin again. --- The Trading Volume being low is even scarier; it indicates someone is dumping. --- Is 92K the bottom? Can someone tell me?

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CoconutWaterBoy

· 11-19 09:49

It was still at 95K in the morning, but now it's down to 93K. I need to review my Position allocation after this drop.

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LiquidatedNotStirred

· 11-16 19:50

It fell again, this pullback really caught me off guard. The contract fren must not be feeling smug right now, right? Is the Get Liquidated alarm going off? Holding Spot and sleeping soundly, that's the proper way to live. If 93K can hold, it counts as a win. Damn, it's the same old story again. It was still breathing in the morning, and by the afternoon, it's broken down. It's really something. With such a large Trading Volume, it's actually not a good thing; the sell pressure is too intense. If it holds at 93, there's hope; if it breaks, I'll have to go to 92 to accompany the old frens. Getting in now is pure money throwing; let's wait and see where the bottom is before deciding. With this drop, some people are going to be crying for their mothers again; those contract folks really deserve it.

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BearMarketNoodler

· 11-16 19:43

94K didn't hold, this wave is indeed a bit fierce. However, with 46.9 billion in Trading Volume there, it shows that there are still people catching a falling knife, so don't be too pessimistic. --- Fell down again? This morning it was still said to be very stable, now it's directly breaking support. A typical scene of suckers being played. --- The Trading Volume is quite fierce, indicating that there is also a lot of selling pressure. Those who are still leveraging at this time are really tired of living. --- Can 93K hold? If it falls again, it will look bad. It's fine for Spot Coin Hoarding, but good luck to those in contracts. --- Is there still support around 92K? It feels a bit different this time, the volume is being released, but the direction is a bit chaotic. --- Damn it, I've been tricked again. Where's the signal given this morning, teaching at this level? --- 470 billion in transactions isn't low, but dropping so fast, the short positions are indeed strong. If 93 can't hold, we'll have to look at 92. --- Anyway, the coins in my hand are not moving, just watching where this pullback can go. It's always like this, it will eventually rebound. --- With such intense selling pressure, it's obvious that Large Investors are dumping. What are we small retail investors doing messing around?

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GasFeeLover

· 11-16 19:37

It fell again, I knew it would be like this. I was thinking of chasing the price in the morning, but fortunately, I didn't act.

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WhaleWatcher

· 11-16 19:20

Here it comes again, this wave of fall caught me off guard, I was still dreaming in the morning. The long positions really can't hold up this time, let's see how long the 93K defense can last. The spot traders are indeed steady, I'm still timid and don't dare to take this position. Those contract guys need to be careful, it's easy to question life after a blow-up. The trading volume is so high that it makes me a bit scared, the rhythm of dumping. If 92K really breaks, we will have to rethink, the technical aspects are a bit chaotic. Don't chase anymore, let's talk about recouping investment first, going in now is just giving away money.

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