Bitcoin News Update: Bitcoin Faces Impending Death Cross While ETF Withdrawals Resemble 2022 FTX Turmoil

Bitcoin Slips Under $95,000 as Market Pullback Deepens, Death Cross Nears, and ETF Withdrawals Surge

On November 14, 2025, Bitcoin (BTC) fell beneath $95,000,

of $126,080 and resulting in over $1.24 billion in long position liquidations. The decline accelerated as the digital asset neared a significant technical event: the "death cross," which occurs when the 50-day simple moving average (SMA) dips below the 200-day SMA—a pattern often viewed as bearish. in previous cycles, it has revived fears of an extended downturn.

The recent price movement highlighted weakening . The 50-day SMA for BTC is now at $111,864, just above the 200-day SMA at $110,364, could occur within days if the price stays under $108,000. If Bitcoin breaks below the crucial $100,000 support, it could target $92,000 or even the April 2025 low of $74,000. also pointed to investor capitulation.

Negative sentiment was further fueled by unprecedented outflows from

and ETFs. totaling $866.7 million on November 14, marking the second-largest daily outflow since their inception. Grayscale's Mini Trust (BTC) led with $318.2 million in redemptions, at $256.6 million. Ethereum ETFs also saw $259.6 million withdrawn, responsible for $137.3 million. These withdrawals came amid a broader risk-off mood, and the Federal Reserve's cautious approach to rate cuts tempered expectations.

Institutional moves sent mixed messages. While

, acquiring 487 for $49.9 million and raising the company's total to 641,692 coins, long-term investors—often called "whales"—increased their selling. of about 45,000 ETH ($140 million) from holders of 3 to 10 years, the fastest rate since 2021. , added to the downward pressure.

The recent decline drew parallels to the FTX collapse in 2022. Analysts observed that Bitcoin's Relative Strength Index (RSI) had dropped to oversold territory not seen since the FTX debacle, and the asset's move below its lower volatility band indicated significant market stress.

—mainly from long positions—echoed the chaos of that period, with Hyperliquid and Bybit reporting $134 million and $122 million in forced liquidations, respectively.

Despite the current bearish outlook, optimism for the long term remains.

that Bitcoin will surpass gold by 2035, citing its scarcity and growing institutional interest. At the same time, ; previous occurrences between 2023 and 2025 produced misleading bearish signals. Still, , Bitcoin could stay in a corrective trend until there is more clarity on macroeconomic policy or major shifts in the market.