Bitcoin dropped to $93,000 on Sunday, its lowest level in six months and 25% below its early October all-time high. The Kobeissi Letter analysts attribute the decline to institutional outflows and excessive leverage, noting that crypto-focused funds recorded $1.2 billion in net outflows during the first week of November. Despite the price drop, analysts say fundamentals have improved, with declining U.S. inflation and supportive policy signals from Washington.

Bitcoin could experience upward movement in early 2026, but analysts caution this bounce may precede a deeper downturn in the second quarter. Market structures show similarities to March 2025 patterns. Liquidity conditions and investor sentiment indicators suggest challenges ahead, according to analyst EndGame Macro.

Bitcoin dropped to $93,000 during Asian trading Monday, marking its sharpest decline since March. The move came as traders scaled back expectations for a December Federal Reserve rate cut to roughly 40%, down from over 60% a week earlier. Data show the selloff triggered $617.45 million in liquidations across cryptocurrency markets within 24 hours.

Gold advocate Peter Schiff accused Strategy (MSTR) of operating a fraudulent business model and challenged Michael Saylor to a public debate at Binance Blockchain Week in Dubai this December. Bitcoin fell below $99,000 over the weekend. Strategy's stock has dropped more than 50% since July.

Bitcoin dropped to approximately $93,000 on Sunday, its lowest level since early May, before recovering to around $95,285. The decline coincided with $619 million in crypto liquidations over 24 hours and tightening liquidity conditions tied to elevated U.S. treasury account levels. Analysts expect liquidity to return as government operations resume and delayed payments are processed, potentially driving a market recovery.

Strategy Chairman Michael Saylor refuted claims on November 15 that the company had reduced its bitcoin position. Blockchain analytics platform Arkham Intelligence later confirmed the wallet movements represented internal custodial transfers rather than asset sales.

Bitcoin declined more than 3% after failing to hold above $96,500, trading below $95,000 and its 100-hour moving average. The cryptocurrency reached a session low of $92,890, with technical analysis indicating potential further weakness toward $92,000 if current support levels break.

Harvard University has made Bitcoin its largest portfolio holding with a $442 million stake in BlackRock's IBIT ETF, according to recent 13F filings. The position was built during a period when Bitcoin ETFs experienced approximately $2 billion in net redemptions over two weeks. IBIT recorded outflows in nine of its past 14 trading sessions.