BiyaPay analyst: BTC's technical situation worsens, falling below 100,000 again, with the next key support level at 80,000.

BlockBeats news, on November 14, under the influence of a sharp weakening of macro sentiment, Bitcoin officially fell below 100,000 USD on Thursday, reaching a low of 98,000 USD, a decline of over 20% from the peak of 125,000 USD, re-entering a technical bear market. BiyaPay analysts pointed out that this round of adjustment was triggered by “the Fed's interest rate cut expectations cooling + technology stock sell-off + weak ETF inflows,” causing the core support forces to waver and market sentiment to continue deteriorating. In the derivatives market, the trading volume of protective put options in the range of 90,000 to 95,000 USD surged, as institutions are laying out deeper pullback risks. Analysts believe that the next key support for Bitcoin lies in the range of 80,000 to 85,000 USD, and if it falls below this, it will open up further dip space. For BiyaPay users, when uncertainty has just subsided and the market enters a phase of emotional recovery, trading USDT for U.S. stocks, Hong Kong stocks, futures, and zero-fee digital currency spot contract trading can provide more flexible opportunities to grasp rebound chances as liquidity warms up, achieving efficient allocation under multi-market linkage.