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Bitcoin Hits $111K High, But Bear Market Fears and Whale Selling Pressure Persist

Published on November 02, 2025

Categories: Market Analysis Bitcoin Whale Activity

Bitcoin briefly surged to a November high of $111,000, but traders express skepticism regarding the longevity of this upside. Renewed selling pressure from large holders, or 'whales,' emerged as the week concluded, contributing to ongoing bear market anxieties.

Bitcoin price hits $111K November high but bear market fears persist

Bitcoin traders doubted the staying power of last-minute weekend BTC price upside as selling pressure from whales returned into the weekly close.

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BTC -9

Social Media Prompt

A digital chart showing Bitcoin's price hitting a peak of $111K, with shadowy figures of whales on the selling side, and a dark cloud symbolizing 'bear market fears' hovering above the market. The image should convey mixed signals of hope and apprehension.