Bitcoin Plummets Below $100K: Key Support Levels Under Scrutiny

Bitcoin has fallen below the crucial $100,000 level, raising concerns as it dipped to $99,929 on November 8, 2025. This decline has triggered a focus on the potential support zones at $99,929, $98,474, and $96,396. The bearish market sentiment persists, evident in the overall caution observed across correlated cryptocurrencies like Ethereum and major Layer 1 tokens. Bitcoin’s recent drop has triggered a cautious response from investors, as they await clarity on its direction.