TLDR

Cameron Winklevoss warned that Bitcoin price below $90,000 could be the last opportunity to buy before a potential rebound.
Bitcoin’s price dropped from a record high above $126,000 to the low $90,000s, erasing its 2025 gains.
Traders are debating whether the recent drop is a result of cycle panic or macroeconomic factors influencing the market.
Liquidation of $19 billion in leveraged positions added significant downward pressure on Bitcoin price.
Large Bitcoin holders, known as whales, have been selling off their positions, contributing to the recent price decline.

Gemini co-founder Cameron Winklevoss told investors Tuesday that Bitcoin’s price below $90,000 may represent a final opportunity to buy. This statement comes as Bitcoin’s value dipped below that threshold, erasing its 2025 gains. The price has slid from a record high above $126,000 on October 6 to the low $90,000s, losing around $600 billion in market value.

Traders Focus on Cycle Panic Amid Falling Bitcoin Price

Bitcoin price movements have sparked debates between bulls and bears in the cryptocurrency market. Traders are pointing to cycle panic, as the price drop occurred without a clear headline trigger. Despite the lack of a direct cause, many traders are referencing the four-year halving cycle, a recurring event in Bitcoin’s price history.

This is the last time you’ll ever be able to buy bitcoin below $90k!

— Cameron Winklevoss (@cameron) November 18, 2025

However, some analysts argue that Bitcoin now behaves more like a macro asset than a purely supply-driven one. Macro conditions, including a lengthy government shutdown and ongoing trade concerns, have weighed on global markets. As a result, Bitcoin is vulnerable to fluctuations driven by dollar strength and broader economic sentiment.

The liquidation of leveraged positions has also contributed to the recent decline in Bitcoin price. In October, approximately $19 billion in leveraged positions were wiped out, amplifying the sell-off. Many long-term holders have also taken profits, further adding to the downward pressure on Bitcoin’s value.

Bitcoin Price Declines as Whale Activity and ETF Trends Weaken Market

Recent on-chain data highlights significant movements by large Bitcoin holders, or “whales.” A Bitunix analyst pointed out that wallets holding more than 1,000 Bitcoin executed large sales, contributing to the price drop. Bitcoin’s price fell from below $100,000 to the low $90,000 range as these transactions added to the overall market selling pressure.

Whale short positions have surpassed long positions in recent weeks, with about $2.17 billion in shorts compared to $1.18 billion in longs. This shift in market sentiment is reflected in Bitcoin’s recent price action, with analysts noting synchronized selling from both large holders and institutional investors. Additionally, Bitcoin ETF redemptions have been significant, further highlighting the market’s vulnerability to sharp price movements.

Despite these challenges, institutional buyers remain active, with Strategy continuing to accumulate Bitcoin. The company disclosed that it had purchased an additional 8,178 Bitcoin at an average price of $102,171. This recent buy pushes Strategy’s total holdings even higher, underscoring that institutional interest in Bitcoin remains strong.

Despite the downward trend in Bitcoin price, institutional buyers have not abandoned the market. Strategy‘s recent purchase is part of a broader pattern of corporate investment in Bitcoin. These institutional purchases suggest that large entities continue to view Bitcoin as a valuable asset, even amid volatility.

Traders are closely monitoring Bitcoin’s price behavior around key levels, including $100,000 as resistance and $93,000 as support. Analysts suggest that a reversal in whale selling pressure, combined with stronger institutional flows, could signal a rebound in Bitcoin’s price. However, the market’s ability to absorb large amounts of selling has weakened, making any further declines more impactful.

The post Bitcoin Price Falls Below $90K, Winklevoss Says It Could Be Last Buying Window appeared first on CoinCentral.

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Filed under: News - @ November 18, 2025 3:28 pm