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Bitcoin may plunge below $16,500 if it breaks $50,000, risking major losses for top holder Strategy.

Market News
14 Nov 2026, 12:45 WIB
Finbold
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Bearish
Bitcoin may plunge below $16,500 if it breaks $50,000, risking major losses for top holder Strategy.

Economist Peter Schiff warns that if Bitcoin falls below $50,000, it could rapidly drop to under $16,500 by year-end, a level last seen in 2022. This decline would severely impact Strategy, the largest corporate Bitcoin holder, which bought over 850,000 BTC at an average price of $75,000, currently facing large unrealized losses. Bitcoin's recent drop from over $80,000 to around $67,000 is driven by institutional outflows, leveraged liquidations, and macroeconomic concerns including inflation and potential Fed rate hikes. Technical indicators show bearish momentum, though Bitcoin may see a short-term bounce if selling pressure eases, but the overall outlook remains negative unless it recovers above key moving averages.

Bitcoin's price outlook is the subject, with Pluang market data as context for readers. As of Nov 14, 2026 17:41 WIB, among 50 major cryptocurrencies priced on Pluang, 5 rose and 44 fell. Notable movers include ONE (Harmony) down 8.49% at Rp25 with 64% sell orders, EOS (EOS.IO) up 8.13% at Rp12,649, and XTZ (Tezos) down 6.47% at Rp4,131. The most notable figure is the heavy sell activity on ONE.

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