{"id":178789,"date":"2025-11-05T11:45:39","date_gmt":"2025-11-05T09:45:39","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=178789"},"modified":"2025-11-05T11:45:39","modified_gmt":"2025-11-05T09:45:39","slug":"bitcoin-dips-below-100k-why-traders-are-buying-bitcoin-hyper-instead","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-dips-below-100k-why-traders-are-buying-bitcoin-hyper-instead\/","title":{"rendered":"\u200b\u200bBitcoin Dips Below $100K: Why Traders Are Buying Bitcoin Hyper Instead"},"content":{"rendered":"

Bitcoin dropped below $100,000 in the early hours of this morning, marking yet another local low and its cheapest price since June 22. Is this the start of a bear market for BTC, or a retest of a crucial level ahead of a recovery?<\/p>\n

The move downward is only fueling the fearful sentiment currently circulating in the crypto market. And with the wounds from October\u2019s mass liquidation event still open, as well as the ongoing US government shutdown, there\u2019s little sign of relief \u2013 at least for now.<\/p>\n

That said, there are still pockets of activity within the crypto market attracting capital flows and demonstrating resilience. One project that has continued to draw attention is Bitcoin Hyper (HYPER)<\/a>, a new Layer 2 blockchain for Bitcoin.<\/p>\n

Currently undergoing a presale, this project has raised north of $25.8 million so far, and received almost $100,000 in inflows in the past 24 hours. So why is HYPER continuing with business as usual despite the broad market dip? Let\u2019s take a look.<\/p>\n

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Bulls Call For Rebound as Bitcoin Wicks to $99,000<\/h2>\n

Bitcoin tapped lows around $99,000 on exchanges on Wednesday, falling to price levels last seen in June. While it has slightly recovered since, bouncing back up to $102,000, it\u2019s clearly another major blow to the already spiralling sentiment among investors.<\/p>\n

A scar left by October\u2019s mass liquidation event, alongside continued macroeconomic uncertainty amid the US shutdown extending beyond expectations, and a decline in equity prices on Monday all contributed to the latest leg down.<\/p>\n

Bitcoin\u2019s price is currently down 1.8% from 24 hours ago and 9.7% from seven days ago. This move was once again fueled by an exodus of long positions, with CoinGlass reporting $2.1 billion in liquidations over the past 24 hours, of which $1.68 billion was for longs.<\/p>\n

Furthermore, Farside Investors<\/a>\u2018 data shows that Bitcoin ETFs posted another $566 million in outflows on Tuesday, marking the largest outflow in recent history.<\/p>\n

So, is it all over? The short answer is: not quite. The prominent analyst Shardi B noted a turnaround within the futures market, amid signs that BTC could hit a quick rebound if bulls can maintain support at $100,000.<\/p>\n

And here\u2019s something else: the TradingView chart below quite clearly shows long wicks to the downside for Bitcoin around the $100,000 level. This suggests investor enthusiasm around $100,000, and bulls might finally be saying, \u201cEnough is enough.\u201d<\/p>\n

\"bitcoin<\/p>\n

The outlook for Bitcoin isn\u2019t exactly bullish \u2013 but it\u2019s far from catastrophic. A few years ago, few would have imagined the market showing this much fear with BTC hovering around the $100,000 mark. Yet even with the current uncertainty, some projects continue to buck the trend and attract inflows. Bitcoin Hyper<\/a> stands as one of the assets still building momentum amid broader market weakness.<\/p>\n

Best Crypto to Buy Now: Bitcoin Hyper Clears $25.8M Presale Raise<\/h2>\n

While the market is obsessing about BTC\u2019s price, Bitcoin Hyper (HYPER)<\/a> is quietly building fundamentals that could outlast any short-term volatility. It\u2019s creating a Bitcoin Layer 2 blockchain to tackle the network\u2019s pressing issues of slow speeds, high fees, and limited functionality.<\/p>\n

Bitcoin Hyper runs on the Solana Virtual Machine, which means it can process tens of thousands of transactions per second \u2013 and support smart contracts \u2013 while being backed by Bitcoin\u2019s security and immutability.<\/p>\n

\"Bitcoin<\/p>\n

The HYPER presale has recently exceeded the $25.8 million raised milestone, adding almost $100,000 in the past 24 hours. This level of momentum at a time when most cryptos are struggling is a clear testament to both HYPER\u2019s strength and its upside potential if a full market rebound does ensue.<\/p>\n

Some top analysts remain highly bullish on the project despite the dip, with Borch Crypto suggesting it could give 100x gains once it hits exchanges. Indeed, such returns would likely require a full Bitcoin recovery, but BTC\u2019s reaction around $100,000 suggests this can\u2019t be ruled out.<\/p>\n