THE LATEST CRYPTO NEWS

Crypto analyst Dom has revealed that four Bitcoin indicators that signalled the start of previous rallies have turned bullish again. This comes as BTC extends its decline, crashing below $90,000 for the first time in seven months.  Four Bitcoin Indicators Turn Bullish Amid Market Crash In an X post, Dom revealed that four indicators on Hyblock have started flashing bullish, and that these were the same setups that occurred during the last two major reversals. Specifically, he mentioned that these indicators pinpointed the $8,000 bounce in Bitcoin’s price last week, and they have now flashed more in favor of the bulls.  Related Reading: How Low Can The Bitcoin Price Go Before The Bleed Ends? Dom further stated that these indicators haven’t predicted immediate lows for Bitcoin, but that they have signaled that the downside was limited each time they flashed over the last two years. He added that he will be watching for one more potential flush near $90,000, or a local low could be forming soon.  Amid Dom’s analysis, the Bitcoin price has dropped below $90,000 for the first time in seven months, raising concerns that the crypto market is indeed in a bear market. The analyst admitted in another X post that this may indeed be a bear market, but he doesn’t expect the reversals to be as deep as the previous cycles.  On the other hand, Dom doesn’t expect the Bitcoin bull markets to be as explosive as before either. This is based on his belief that the crypto market has matured, especially with the entrance of institutional investors, which have helped reduce volatility. Dom predicts that BTC could see a 30% to 40% drop in bear markets going forward, rather than the significant drawdowns seen in previous cycles.  Comments On The Current State Of The Market In an X post, CryptoQuant CEO Ki Young Ju stated that the short-term conditions are weak and that the dollar liquidity is slow. Furthermore, funding markets are tight while Bitcoin inflows have cooled. However, he doesn’t expect the BTC inflows to stop or turn into sustained outflows over the next six months.   Related Reading: Bitcoin Price Won’t Crash To $92,000, Here’s Why The CryptoQuant CEO further predicted that if the Fed cuts rates or any easy-money narrative emerges, sentiment could flip, and liquidity would rush back into Bitcoin ETFs. He added that stablecoin adoption and a wave of reverse ICOs by public companies would push traditional assets onto DEXs.  In line with this, Ki Young Ju stated that the crypto ecosystem may reorganize around assets that previously traded only in TradFi. If that happens, the CryptoQuant CEO predicts that BTC would benefit the most, while altcoins with weak narratives or no real performance would likely lose liquidity.  At the time of writing, the Bitcoin price is trading at around $90,000, down over 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com

In his latest Substack essay “Snow Forecast,” published November 17, 2025, Arthur Hayes argues that Bitcoin’s sharp drawdown from its October all-time high is a straightforward consequence of tightening dollar liquidity once derivative-driven “fake flows” into Bitcoin have dried up. For Hayes, Bitcoin is “the free-market weathervane of global fiat liquidity” that trades on expectations of future money supply rather than day-to-day headlines. Why Is The Bitcoin Price Down? He looks back to the “US Liberation Day” turmoil on April 2, 2025, when aggressive tariff moves from the Trump administration initially sparked fears of a depression. After Trump “TACO’d” — his word for calling a truce on tariffs — on April 9, Hayes called for “Up Only!” Bitcoin rallied about 21%, Ether and other “selected shitcoins” followed, and Bitcoin dominance slipped from 63% to 59%. Yet even as his proprietary USD Liquidity Index fell roughly 10% from April 9, Bitcoin still rose 12%. Hayes says that divergence was not some structural decoupling, but a temporary distortion created by ETF basis trades and Digital Asset Treasury (DAT) vehicles. He is particularly blunt about the spot Bitcoin ETF flows that many commentators branded as proof of “institutional adoption.” Looking at BlackRock’s IBIT, Hayes notes that the five largest holders are hedge funds and prop trading desks, which mainly used the ETF as a leg in a basis trade: “They short a CME-listed Bitcoin futures contract vs. buying the ETF to earn the spread between the two.” Related Reading: Bitcoin Social Dominance Hits 4-Month High: What It Means When the annualized basis stands “markedly above the Fed Funds rate, hedge funds will pile into the trade,” generating “large and persistent net inflows into the ETF.” That, he argues, “creates the impression, to those who don’t understand the market microstructure, that there is massive interest from institutional investors for Bitcoin exposure when in reality they don’t give a fuck about Bitcoin, they only play in our sandbox for a few extra points over Fed Funds.” As the basis collapsed, those same players “quickly dump their positions,” producing “massive net outflows” and a negative feedback loop with retail. DATs provided a similar optical illusion. Hayes highlights Strategy (MSTR), which can acquire more Bitcoin when its stock trades at a premium to its underlying holdings, a metric called mNAV. As that premium turned into a discount, its ability to grow BTC holdings cheaply diminished. Together, ETF basis flows and DAT issuance “allowed Bitcoin to rise even though dollar liquidity contracted,” he writes. “But this state of play is over […] Without these flows obscuring the negative liquidity picture, Bitcoin must fall to reflect the current short-term worry that dollar liquidity will contract or not grow as fast as the politicians promised.” This Will End The Bitcoin Downtrend From there, Hayes goes back to his core premise that “money is politics.” He says it is now time for President Trump and Treasury Secretary “Buffalo Bill” Bessent “to put up or shut up”: either they deploy the Treasury to “run roughshod over the Fed, create another housing bubble, hand out more stimulus checks,” or they are “a bunch of limp-dick charlatans.” He draws a direct parallel to 2022, when President Biden and Treasury Secretary Janet Yellen engineered a huge drawdown of the Fed’s reverse repo balances. “Yellen issued more Treasury bills than notes or bonds, which sucked $2.5 trillion out of the Fed’s Reverse Repo Program from 3Q2022 until 1Q2025, which pumped stonks, housing, gold, and crypto.” Hayes says, “I have 100% confidence that [Bessent] will engineer a similar outcome.” In the near term, however, he is cautious. Hayes acknowledges the bull argument that as the US government normalizes operations after the shutdown, the Treasury General Account can be reduced by $100–150 billion and that the Fed will end quantitative tightening on December 1. Related Reading: Can Strategy Survive A 90% Bitcoin Crash? Saylor Says Yes But he points out that “since July approximately $1 trillion of dollar liquidity evaporated based on my index.” Against that backdrop, a $150 billion boost is marginal, and talk of renewed QE remains “just talk” until “Fed whisperer Nick Timiraos” signals otherwise. “The bulls are correct; over time, money printer go Brrrrrr. But first, the markets must retrace the gains since April to better align with the liquidity fundamentals.” How Hayes Positions His Company Hayes says he has already adjusted Maelstrom’s positioning. “Over the weekend, I raised our USD stables position in anticipation of lower crypto prices,” even though the fund is still “long as fuck.” The only token he thinks can “outrun the negative dollar liquidity situation in the short-term” is Zcash (ZEC). “With AI, big tech, and big government, privacy across most sectors of the internet is dead. Zcash and other privacy cryptos using zero-knowledge proof cryptography are humanity’s only chance to fight this new reality.” He argues that it “should offend our sensibilities as disciples of Satoshi” that the third, fourth and fifth largest coins are “a USD-derivative, a do-nothing coin on a do-nothing chain, and CZ’s centralized computer,” and insists “Zcash or a similar type of privacy crypto belongs right below Ethereum.” The current Bitcoin correction, in Hayes’s reading, is also a warning. “The Bitcoin dive from $125,000 to the low $90,000s whilst the S&P 500 and Nasdaq 100 indices hover around all-time highs tells me that a credit event is brewing.” He sees scope for a 10–20% equity drawdown and a 10-year US yield near 5%. In that stress, “Bitcoin could absolutely drop to $80,000 to $85,000.” But if that forces the Fed and Treasury to “accelerate their money printing capers,” he believes Bitcoin “could zoom towards $200,000 or $250,000 at year end.” Hayes also expects China to join the next wave of easing once the US clearly accelerates dollar creation. He cites the People’s Bank of China’s recent purchase of government bonds as “the beginning of China QE” and notes Beijing’s anger at the US “stealing” Bitcoin from the Chinese pig butchering scam operator as evidence that Xi Jinping views Bitcoin as a strategic asset. “If both Trump and Xi, leaders of the two largest economies globally, believe that Bitcoin is valuable, why are you not bullish long term?” he asks. At press time, BTC traded at $90,477. Featured image created with DALL.E, chart from TradingView.com

The Bitcoin price has seen a significant pullback, retracing nearly 26% from its all-time highs, fueling speculation about the potential onset of a new bear market.  Compounding this uncertainty, a fresh sell signal has emerged from one of the cryptocurrency’s key indicators, reminiscent of the past when similar signals led to a staggering 67% drop in value. Bitcoin Price Could Plunge To $31,000 Market expert Ali Martinez pointed out in a recent post on social media platform X (formerly Twitter) that the last time the SuperTrend indicator issued a sell signal for Bitcoin was in 2022. At that time, Bitcoin, which had reached an all-time high of $69,000, subsequently fell to around $17,000.  Related Reading: Can Strategy Survive A 90% Bitcoin Crash? Saylor Says Yes While the market landscape has changed significantly since then—with the introduction of exchange-traded funds (ETFs), new digital asset treasuries (DATs), and increased institutional support spurred by pro-crypto regulations—the current situation mirrors some of those past concerns. As it stands, the Bitcoin price is trading just above $94,500. If the historical trend of a 67% retracement were to repeat in the next months, the price could potentially fall to around $31,185, which could be the potential bottom of the new bear market.  Adding to the conversation, another analyst known as Mr. Wall Street suggested that the recent Bitcoin price peak might be at $126,000. He forecasted that the next major downward move could see BTC hit levels between $74,000 and $82,000, ultimately reaching a target between $54,000 and $60,000 by the fourth quarter of 2026.  This perspective contributes to the notion that Bitcoin is likely confirmed in a bear market, which could result in a year-long decline marked by price fluctuations similar to those seen in previous bear cycles. A New Death Cross Emerges Further complicating the outlook, analyst Doctor Profit pointed out a significant technical signal: the Bitcoin price experienced a death cross for the first time since April 2025.  This event, marked by the 50-day moving average (MA) crossing below the 200-day moving average, historically led to rallies of 25% to 60% in the following three months.  However, Doctor Profit emphasized a crucial difference this time around: the death cross occurred while Bitcoin was trading 6% below the 50-day exponential moving average (EMA50). In the previous instances, such crosses happened while Bitcoin was positioned above the EMA50, suggesting a different market sentiment this time. Related Reading: Here’s Why The Ethereum Price Is Crashing Again, Can It Breach $3,000? The current bearish sentiment is intensified by negative trends in ETF sales and whale net volume, adding significant pressure to the Bitcoin price.  With the average entry price for Bitcoin buyers over the past six months set at approximately $94,600, falling back toward or below this level could trigger fresh selling pressure.  Historically, short-term traders tend to exit at breakeven or even at a slight loss, raising concerns about further declines. Doctor Profit concluded his analysis stating:  This combination of ETF selling, whale selling, and a large cluster of sellers sitting at breakeven levels is a dangerous setup and adds to the bearish case.  Featured image from DALL-E, chart from TradingView.com 

Crypto analyst Colin has revealed that the Bitcoin price has flashed a death cross, which he noted was bullish for the flagship crypto. This comes amid BTC’s recent decline, which has erased all its year-to-date (YTD) gains.  Bitcoin Price Flashes Death Cross, Marking Potential Bottom In an X post, Colin stated that a death cross just flashed for the Bitcoin price, with the “ironically” bullish indicator triggering at the same time that BTC tagged the lower boundary of its megaphone pattern. The analyst noted that this is a bullish setup from this point forward, as the death cross often marks bottoms. He indicated that this is likely the bottom, as BTC has ended at the lower end of the megaphone pattern channel.  Related Reading: Bitcoin Price Won’t Crash To $92,000, Here’s Why Colin remarked that these factors combined indicate a high likelihood of a move up for the Bitcoin price from its current level. He added that a bounce is likely in the short term. However, the analyst noted that the bigger question is whether this would be a bounce to new all-time highs (ATHs) or just a relief rally on the way down in a bear market. Regardless of what happens, he is optimistic that an upward move will occur in the short term.  Colin also alluded to the fact that the Federal Reserve will end quantitative tightening (QT) by December, a move which he described as another bullish catalyst for the Bitcoin price. This move is expected to inject more liquidity into the BTC and possibly spark higher prices for the flagship crypto. The Fed could also cut rates again at the December FOMC meeting, which would be a bullish catalyst for Bitcoin.  Another Analyst Confirms Death Cross Popular crypto analyst Benjamin Cowen also confirmed that the Bitcoin price just had a death cross. He noted that prior death crosses have marked local lows in the market. However, he added that the death cross rally fails when the cycle is over, which could be the case this time if the bull market is over.  Related Reading: Why Are The Bitcoin, Ethereum, And Dogecoin Prices Down Again? Cowen stated that the time for the Bitcoin price to bounce if the cycle is not over would start within the next week. The analyst further remarked that if no bounce occurs within one week, another dump is likely before a larger rally back to the 200D SMA, which he claimed would mark a macro lower high. Meanwhile, market analyst Subu Trade shared data on how BTC has reacted after historical death crosses. The last death cross occurred in April this year, and the flagship crypto recorded a 22% gain following it.  At the time of writing, the Bitcoin price is trading at around $95,100, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pngtree, chart from Tradingview.com

Michael Saylor is explicitly telling markets that Strategy (MSTR) has been built to withstand a Bitcoin crash that would wipe out almost every other leveraged player in the ecosystem. In an interview with Grant Cardone streamed live on November 14 , the Strategy executive chairman drew a clear theoretical stress line for the company’s balance sheet and stated that even a catastrophic move lower in BTC would not force him to liquidate the core position. Strategy Can Eat A 90% Bitcoin Collapse Asked how far Bitcoin would have to fall before MicroStrategy faces real danger, Saylor answered with balance-sheet math rather than rhetoric. He pointed to roughly eight billion dollars of debt and tens of billions in equity value tied to Bitcoin, and then set the threshold: Bitcoin, he said, “would have to fall 90% from here for us to be sort of collateralized, to be one-on-one.” Related Reading: Bitcoin Indicator Sounds Buy Alarm For The First Time Since March — Return To $110K Soon? Even at that point, his first response would not be to sell BTC into a collapsing market. Instead, he described equity holders as the primary buffer. “We probably would dilute the equity, and so it would be bad for the equity,” he told Cardone, before stating the hierarchy even more bluntly: “The equity is going to be a loser.” By contrast, he framed liquidation as essentially off the table in any realistic bear market scenario. When Cardone pressed him on whether Strategy could be forced to unwind its Bitcoin position, Saylor answered flatly: “We’re not going to liquidate.” The bond side only enters the conversation in an almost total-loss scenario. “If Bitcoin fell to zero tomorrow forever, then the bonds would default,” Saylor said. He then compressed the entire risk profile into a single line: “If you think Bitcoin is going to go to $10,000, I think we’re good. If you think Bitcoin’s going to a dollar tomorrow forever, then yeah, the bonds would default.” Related Reading: How Low Can Bitcoin Price Go? JPMorgan Points To A Key Threshold That framing makes the structure very clear. Equity is a highly levered, high-beta claim on Bitcoin that can be diluted if necessary. Bondholders and holders of MicroStrategy’s various credit-like instruments only face real danger if Bitcoin essentially dies as an asset class. The 4-Year Cycle Is Dead Saylor also used the interview to distance himself from one of the core narratives many Bitcoin traders still live by: the four-year halving cycle. His view is that the mechanical supply cut may have helped shape earlier phases of Bitcoin’s monetization, but it is no longer the dominant driver of price in a market now intertwined with global macro and institutional flows. “I don’t believe in four-year cycles anyway,” Saylor said. “I never believed in the— I think that they might have had some credence in the first 12 years.” He then shifted straight to scale and order of magnitude. After [the last] halving, the reduction in new supply is on the order of a couple hundred BTC a day. In his translation, “225 Bitcoin a day get taken out of the supply after the next halving, that’s twenty million dollars or twenty-two million dollars of buying.” Against a spot and derivatives complex that can see tens or even hundreds of billions of dollars in notional volume in a single session, that number, he argued, is marginal. “Trust me, twenty million dollars of buying… is not even a third-order issue at this point,” he said. What matters now? “The dynamics in the market are much more that Jerome Powell thinks he wants to hold interest rates higher for longer. It’s macroeconomics. It’s political. It’s structural. When IBIT’s derivatives market went from $10 billion to $50 billion, it did that in four weeks. […] It’s the actions of the mega finance actors that are determining the future of Bitcoin right now, Saylor said. At press time, Bitcoin traded at $95,624. Featured image from YouTube, chart from TradingView.com

The price of Bitcoin has struggled around the $95,000 mark after showing some early-weekend strength on Saturday, November 15. According to a prominent analyst on the social media platform X, the premier cryptocurrency seems to be showing signs of a potential rebound in the coming days. BTC Price To Return To $110,000? In a November 15 post on X, market analyst Burak Kesmeci shared that the price of Bitcoin is showing signs of recovery based on different technical indicators. In his analysis, Kesmeci fiddled with the possibility of BTC rising to $110,000 and the risk of falling to $85,000. Firstly, Kesmeci analyzed the Bitcoin fear (VIX) score, a technical indicator that evaluates volatility and fear in the market. According to data provided by the analyst, this indicator has been above the crucial 16.50 level for two consecutive days for the first time in 250 days, suggesting the presence of a buy opportunity. Related Reading: Massive Bitcoin Bid Walls Spotted On Binance: Bulls Step In With 2,800 BTC Cluster However, Kesmeci also highlighted that this signal does not automatically confirm a price rebound for the premier cryptocurrency from the current point. This buy signal might even persist and intensify if the VIX indicator continues to decline in the oversold zone. The crypto analyst noted that the Bitcoin price reacted a little to the daily Relative Strength Index (RSI) falling to 30, which marks the oversold territory. But Kesmeci mentioned that this RSI movement should offer little excitement, except if there is a positive divergence where RSI makes higher lows while price makes lower lows. Furthermore, Kesmeci examined the Fixed Range Volume Profile (FRVP), stating that there is a small gap with no volume between $95,000 and $85,000. According to the crypto analyst, a close below $95,000 could see the Bitcoin price fall—in a single candle—to as low as $85,000 in a bid to fill the FRVP gap. Kesmeci then hypothesized that holding above $95,000 could mean that Bitcoin is resting and building volume. With the current data suggesting that market makers are choosing to defend the $95,000, the crypto pundit believes that BTC could enjoy a reaction rally up toward $110,000, which is the real decision zone. Bitcoin Price At A Glance As of this writing, the price of BTC stands around $95,076, reflecting no significant movement in the past 24 hours. Related Reading: With Bitcoin At $94,000, Bitwise CEO Claims Crypto Has Endured A 6-Month Bear Market Featured image from iStock, chart from TradingView

Over the last two years, the performance of the US-based Bitcoin ETFs (exchange-traded funds) has been a fair reflection of the current market sentiment. With consecutive weeks of capital outflows, there is no doubt about the predominantly bearish climate of the market. This worsening sentiment can be seen in BTC’s dip below the psychological $100,000 price level. While selling pressure from various investor classes has been identified as one of the major factors behind BTC’s price decline, it is difficult to overlook the concurrent woeful performance of the Bitcoin ETFs.  Bitcoin ETFs Record $492 Million Outflow To Close Week According to the latest market data, the US Bitcoin ETF market registered a daily total net outflow of over $492.1 million on Friday, November 14. This latest round of withdrawals marked the third-straight day of negative outflows for crypto-linked investment products. Related Reading: Is Bitcoin Falling Because Of Strategy Sell-Offs? On-Chain Data Fuels Debate Leading this massive capital outflow is the largest BTC exchange-traded fund by net assets, BlackRock’s iShares Bitcoin Trust (with the ticker IBIT). Data from SoSoValue shows that over $463.1 million was withdrawn from the spot BTC ETF on Friday. Grayscale Bitcoin Trust (GBTC) recorded the second-highest net outflow of $25.09 million on the day. Fidelity Wise Origin Bitcoin Fund (FBTC) and WisdomTree Bitcoin Trust (BTCW) were the only other Bitcoin ETFs that recorded negative outflows to close the week, with $2.06 million and $6.03 million, respectively. Grayscale’s Bitcoin Mini Trust (BTC) was the only spot Bitcoin exchange-traded fund that posted a capital influx on Friday, adding $4.17 million to its assets.  On Thursday, September 13, the Bitcoin exchange-traded products registered their second-worst daily performance, with a total net withdrawal of $869.86 million. Meanwhile, Friday’s $492 million outflow worsened the US-based Bitcoin ETFs’ weekly record, bringing it to a total net outflow of over $1.11 billion. Bitcoin Lags Under $100,000: Price Overview Unsurprisingly, these Bitcoin ETFs’ woeful performances have coincided with the recent price decline below the crucial $100,000 level. As seen since launch in 2024, the price of BTC tends to move in tandem with the Bitcoin exchange-traded funds. As of this writing, the premier cryptocurrency is hovering around the $95,500 mark, showing some tame bullish action in the past 24 hours. According to data from CoinGecko, the price of BTC is down by nearly 7% in the past seven days. While selling pressure from spot investors continues to affect the market leader, an uptick in Bitcoin ETF demand could help kickstart a turnaround for the cryptocurrency. Related Reading: Bitcoin Market Top May Be In As Analyst Shares 1,064-Day Bull Cycle Pattern – Details Featured image from iStock, chart from TradingView

The Bitcoin price has ostensibly continued down in its bearish direction, which started in the second week of October. After slipping beneath the psychological $100,000 support, worries have surfaced among Bitcoin market participants regarding the broader market structure. Interestingly, the latest on-chain evaluation justifies this worry, as the downside bias for the Bitcoin price seems to be on the rise. Binance Taker Imbalance Falls Into Negative Territory In a Quicktake post on the CryptoQuant platform, on-chain research firm Arab Chain revealed an increase in sell-side momentum for Bitcoin on Binance, the world’s largest exchange by trading volume. This revelation revolves around the BTC Taker Imbalance % metric, which tracks whether the market is dominated by aggressive buyers or sellers. Narrowing it down, this metric offers insights into taker activity on Binance.  Related Reading: Bitcoin Moves Beyond Retail — Institutional Ownership Now Defines The Market Because the metric works by revealing the percentage difference between taker buy volume and taker sell volume, readings with positive values suggest the dominance of buyers in the market. On the contrary, negative readings reveal a seller-dominated market.  As Arab Chain reported, there has been an evident spike in the amount of selling pressure in recent hours. A Taker Imbalance % reading of -0.17%, which typically reflects continued bearish action, supports this observation. Moreover, the research firm pointed out that there has been an evident difference between the selling and buying volumes recently. The Quicktake post revealed a record of $1.517 billion in selling volume against $1.058 billion dedicated to buying power, making it clear what party is currently winning this Bitcoin price tussle.  Is $92,000 The Next Bitcoin Price Target? What’s interesting is, the current seller-dominated market has caused the BTC price to continuously hover around the key $94,000 level. Arab Chain noted that each attempt by the Bitcoin price to rise has faced an even greater amount of sell resistance, dousing any serious bullish momentum.  The grey bars in the above chart suggest that this increasing bearish pressure might not just be a market correction; instead, it reflects a recurrent injection of sell-pressure, one which Arab Chain implied would eventually defeat the weaker buy-side liquidity at the current support. In the likely scenario where more bearish momentum is injected to push the market to the downside, the next level, which could act as a cushion for price, lies around $92,000.  If a significant amount of liquidity is not introduced to neutralize the dominance of Bitcoin’s sellers, the Bitcoin price could see an even deeper bearish correction. At press time, Bitcoin is valued at $96,241, reflecting a nearly 2% loss in the past day. Related Reading: Bitcoin Crashes To $98,000 As HODLer Selling Accelerates Featured image from iStock, chart from TradingView

Bitcoin’s technical structure is flashing a rare and powerful signal. Despite a recent price dip, a bearish-sounding Death Cross has just triggered precisely at a major structural support, the lower boundary of a long-term pattern. This bullish confluence, where historical market bottoms align with key technical support, suggests that the correction is complete and a significant upward bounce is imminent in the short term. $100,460 Range Low Now Flipped Into Key Resistance BTC has officially lost the range low and slipped to the $96,000 area, according to Lennaert Snyder, who outlined a clear game plan for the days ahead. He noted that the former range  low of $100,460 has now flipped into a key resistance level, shaping the next phase of market behavior. Related Reading: Bitcoin Rejection Was No Accident — Now The Battle Shifts To $93,000–$97,000 Survival Zone Snyder explained that if Bitcoin retests the $100,460 mark, the reaction will determine the next move. A rejection at that level would favor short setups, while a successful reclaim would open the door for bullish opportunities. Should BTC reclaim the range low, Snyder expects bullish momentum to kick in, with the first target sitting near the $103,460 resistance area. A push into that zone would signal that buyers are regaining meaningful control over the market. Despite the recent drop, Snyder emphasized that there’s still plenty of liquidity and support below current prices while watching for deeper tests that could provide long entries once reversal signals begin to form. Overall, the market remains technically clean, and price action continues to respect every level with precision. Death Cross Triggers At Megaphone Support — Timing Could Be Perfect For Bitcoin According to a recent post by Colin Talks Crypto, Bitcoin has just flashed a major signal, the Death Cross, which has historically aligned with market bottoms rather than tops despite its ominous name. What makes this even more compelling is its perfect timing: the setup triggered at the exact moment BTC touched the lower boundary of its expanding megaphone pattern. Related Reading: Bitcoin Crashes To $98,000 As HODLer Selling Accelerates The expert noted that this scenario was projected weeks in advance, with mid-November marked as the window to watch. Right on schedule, Bitcoin has landed precisely where the analysis suggested it would.  Colin explained that death crosses often act as bottom markers at the tail end of downtrends. Pairing that with BTC hitting a major structural support gives the setup even stronger bullish undertones. It’s not just a technical coincidence – it’s a confluence backed by pattern behavior. With these elements lining up, he believes the probability of an upward reaction from here is high. The chart structure now favors a short-term bounce, suggesting that Bitcoin could soon shift away from weakness and begin carving out a recovery move. Featured image from Pixabay, chart from Tradingview.com

The Bitcoin price has continued its horrendous run of form in the final quarter of 2025, ending the year pretty much as it began. Having lost the psychological $100,000 level on Thursday, November 13, the premier cryptocurrency appears to be free-falling under significant bearish pressure. Theories and debates continue to swirl around whether the Bitcoin price is merely feeling the effect of a naturally volatile crypto market or the bear season is slowly kicking in. A specific hypothesis explains that a loss of a certain technical level could spell a longer period of correction for BTC. Factors Behind The Bitcoin Price Collapse In a Quicktake post on the CryptoQuant platform, XWIN Research hypothesized and proposed how long the current Bitcoin price downturn could last. Before diving into its theory, the digital asset research firm first highlighted some of the factors behind the current decline in BTC’s price. Related Reading: How Low Can Bitcoin Price Go? JPMorgan Points To A Key Threshold XWIN Research revealed that the decreased expectations for a December rate cut are one of the reasons behind the recent decline. The shift in the Federal Reserve’s stance dragged the Bitcoin price below the key $100,000 level.  Secondly, the crypto analytics firm noted that capital flows into spot exchange-traded funds (ETFs)  have reversed sharply, with the investment products seeing nearly $1.1 billion in outflows in recent days. These massive withdrawals signal a waning institutional demand and general market sentiment.  Finally, XWIN Research revealed that the excessive leverage in the market unwound violently. “Once major supports broke, cascading liquidations triggered more than 600 million USD in forced long closures within hours. Added to this were exchange-related rumors and DeFi security incidents, pushing sentiment into extreme fear,” the analytics firm wrote. How Long Could This Decline Continue? After outlining the factors behind this Bitcoin price decline, XWIN Research put forward a theory and a potential timeline for the future trajectory of the flagship cryptocurrency. With the $92,000 – $94,000 region being pinpointed as the next critical support, a breach of this zone could see the price of BTC fall to around $85,000. XWIN Research wrote in its Quicktake post that this $92,000 breakdown could see the Bitcoin price correction linger until early or mid-2026. However, the DeFi analytics firm noted that recent on-chain data offers a more optimistic outlook for the market leader. For instance, the cost basis of 6-to-12-month holders stands around $94,000, serving as a strong structural support. So long as the Bitcoin price stays above this band, the long-term bullish case for the premier cryptocurrency remains intact. XWIN Research added: Several catalysts could drive the next recovery. The most important is an improvement in macro conditions: a shift toward rate cuts or broader liquidity expansion in 2026 would draw capital back into risk assets.  As of this writing, the price of BTC stands at around $94,930, reflecting a nearly 4% decline in the past 24 hours. Featured image from iStock, chart from TradingView

The recent Bitcoin price crash below the $100,000 psychological level has fueled a new wave of bearish predictions, yet not everyone is convinced that a deeper decline is imminent. While many traders expect a correction to $92,000, one analyst has rejected the idea of a price breakdown, insisting that Bitcoin still has unfinished upside potential before any significant retracement Why The Bitcoin Price Won’t Decline To $92,000 Crypto analyst @YazanXBT has become one of the loudest voices negating the increasingly popular $92,000 crash target for Bitcoin. The analyst took to X social media on November 13 to inform the crypto community that, rather than a drop to $92,000, BTC is gearing up for a new all-time high of $145,000.  Related Reading: Here’s When The Next Bitcoin Parabolic Phase To $297,092 Will Begin The analyst backed up his bullish projection by pointing to a similar moment during BTC’s previous bear market bottom. He stated that at the time, many people were certain that the Bitcoin price would fall to $12,000 or even $10,000. But instead, the cryptocurrency bottomed at $15,800 before staging one of its strongest price recoveries ever. Essentially, @YazanXBT’s message implies that mass bearish consensus is often a signal that the opposite outcome is more likely.  In response to his X post, a crypto community member argued that Bitcoin still has an unfilled Chicago Mercantile Exchange (CME) gap at $92,000. They noted that, based on historical behavior, BTC tends to fill CME gaps before making new highs, implying that a crash is imminent. @YazanXBT dismissed the bearish outlook, reiterating that Bitcoin is much more likely to rally to $145,000 before any pullback to fill the $92,000 CME gap. Notably, a surge to $145,000 would require Bitcoin to break out of its current bearish pressures and climb roughly 50% from where it stands. After seeing weeks of capitulation and massive price declines, BTC is now trading slightly above $96,000, showing no apparent signs of a rebound.  Analyst Claims BTC Crash Looks Like Manipulation  Crypto market expert @CottonXBT shared a detailed price chart, which highlighted Bitcoin’s drop below $97,000 this week. The chart layout, featuring sharp sell-offs and rapid wicks, has led him to call the recent price dip a possible sign of manipulation rather than a genuine trend reversal.  The analyst stressed that this type of price action often occurs when large players attempt to shake out retail investors before driving the market higher again. He urges investors to ignore the Fear, Uncertainty, and Doubt (FUD) and buy more BTC.  Related Reading: Popular Crypto Trader Reveals Why Bitcoin Price Is Still Crashing Similarly, other market watchers are interpreting Bitcoin’s pullback as a rare opportunity to accumulate below the $100,000 mark. Simon Dixon, the CEO and co-founder of the online investment platform BnkToTheFuture, urged investors to take advantage of current low levels, noting that they will be getting more BTC for their “fiat shitcoin.” Featured image from Pixabay, chart from Tradingview.com

In the latest financial report, American Bitcoin (ABTC), co-founded by Eric Trump and Donald Trump Jr., has announced significant profits for the third quarter (Q3) of the year. The company, operating as a miner and buyer of the world’s largest digital asset, experienced a profit boost due to improved margins. American Bitcoin Surpasses Previous Earnings During Q3, American Bitcoin reported a revenue of $64.2 million, showcasing a notable increase compared to the previous quarter. The net income for this quarter reached $3.5 million, slightly exceeding the $3.4 million earned in Q3 of the previous year.  Related Reading: By The Numbers: First Spot XRP ETF Achieves Record Launch Amid 900 Competitors Throughout the quarter, the company acquired over 3,000 BTC through a combination of mining operations and strategic purchases, joining companies like Strategy (formerly MicroStrategy) in accumulating Bitcoin and betting on its long-term prospects.  As of September 30, American Bitcoin held a total of 3,418 BTC in its reserves. The company significantly boosted its Bitcoin mining capacity by around 2.5 times quarter-over-quarter, adding approximately 14.8 exahash per second (EH/s) to reach a total capacity of approximately 25.0 EH/s by the end of September. In a post-earnings conference call, Eric Trump expressed pride in the company’s growth since its debut on Nasdaq, highlighting the addition of over 3,000 Bitcoin to their reserves and positioning American Bitcoin among the leading public Bitcoin treasuries.  Eric Trump also emphasized the success of American Bitcoin’s strategy in the third quarter, underscoring the efficiency of their scalable and asset-light mining operations in generating Bitcoin below market rates. ABTC Stock Surges 5%, Bitcoin Drops Toward $95,000 CEO Mike Ho, in a conference call, highlighted the cost efficiency of American Bitcoin’s mining operations, stating that they mine at a significantly lower cost compared to conventional vehicles that acquire Bitcoin at spot prices.  Ho further emphasized the company’s strong performance in the third quarter, showcasing accelerated growth in mining capacity, revenue, and gross margin improvements, he stated: Our third-quarter performance reflects the speed, discipline, and precision with which we are executing against our differentiated Bitcoin accumulation model. We more than doubled our mining capacity, more than doubled revenue, and grew gross margin by seven percentage points quarter-over-quarter. Related Reading: Dogecoin Shows Relative Strength: Breakout Signal Sits At This Price As a majority-owned subsidiary of Hut 8 Corp, American Bitcoin stands as a leading player in the crypto industry, with a strategic focus on efficient Bitcoin accumulation through mining practices.  On Friday, the company’s stock, ABTC, surged by 5% toward the $5 mark. Meanwhile, Bitcoin has continued to decline in price since mid-October, reaching $95,328 at the time of this writing — a 24% drop from its all-time high.  Featured image from DALL-E, chart from TradingView.com 

Earlier on Friday, Bitcoin (BTC), the leading cryptocurrency in the market, retraced further toward the $94,500 mark, intensifying concerns about a potential bear market for the broader digital asset industry.  In light of this, Bitwise CEO Hunter Horsley made some thought-provoking remarks about the current market conditions, suggesting that a bear market cycle has been playing out for the past six months. New Bullish Phase Ahead For Bitcoin? In a post shared on social media platform X (formerly Twitter), Horsley emphasized the shift in market dynamics, stating, “We talk about four-year cycles, but the reality is that model is based on a bygone era of crypto.”  He pointed out that with the advent of Bitcoin exchange-traded funds (ETFs) and a new pro-crypto administration by President Trump, the landscape has evolved significantly.  Related Reading: By The Numbers: First Spot XRP ETF Achieves Record Launch Amid 900 Competitors “We’ve entered a new market structure,” Bitwise’s CEO explained, highlighting the introduction of new players and the changing reasons behind buying and selling behaviors. Horsley’s statement could be met with optimism for investors about the future direction of crypto prices, suggesting that the digital asset ecosystem may soon transition into a new bullish phase.  “I think there’s a pretty good chance that we’ve been in a bear market for almost six months now and are almost through it,” he remarked, noting that the current market setup appears stronger than ever. Animoca Brands Co-Founder Weighs In Meanwhile, crypto-linked stocks also experienced declines on Friday. Notably, Strategy (previously MicroStrategy), which focuses on a Bitcoin treasury strategy, saw its shares drop by 6%.  Other significant players, including Gemini (GEMI) Space Station and Bullish (BLSH), saw their stock prices decrease by 2%, while Coinbase’s (COIN) shares fell by 1%. Further, digital asset mining firm Bitmine Immersion Technologies traded 3% lower. Adding to the discourse, Yat Siu, co-founder of the blockchain development firm Animoca Brands, shared insights with CNBC, stating that lack of liquidity in the market has led to investors divesting certain assets to address financial concerns. “There’s less money in the system,” Siu noted, attributing some sell-offs to those shortfalls. Related Reading: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead Siu echoed Horsley’s perspective, suggesting that this current market cycle may differ from previous ones, particularly due to the influx of institutional investment in digital assets. He explained that institutional investors do not typically follow the longstanding belief system of major Bitcoin holders regarding the four-year price cycle.  “People think Bitcoin is going to go down to $60,000 because of the four-year cycle and the token’s history of drops and corrections,” Siu explained. However, he believes that these institutions will view market downturns more as buying opportunities than signals for panic. As of this writing, BTC has recovered the $96,750 line but is still recording losses of 4% over the past 24 hours and seven days.  Featured image from DALL-E, chart from TradingView.com 

A crypto analyst who famously forecasted the dramatic Bitcoin (BTC) crash to $20,000 in 2021 has caught the attention of investors and traders with a new warning about Solana (SOL). In a technical analysis, he identifies a critical resistance zone that he believes must be reclaimed soon. Without recovery, he warns that the SOL price could break down toward a much lower level, deepening the cryptocurrency’s already persistent downtrend.  Bitcoin Crash Caller Issues New Solana Alert After projecting BTC’s collapse four years ago, crypto market expert DonAlt is highlighting new risks in Solana. In one of his latest analyses, DonAlt shared a detailed look at Solana’s price structure, including a chart that highlights a major red resistance zone between $190 and $215.  Related Reading: Ripple Exec Reveals Why The Bitcoin Price Is So High Now According to him, this is the range level Solana must recover to avoid a deeper correction. The analyst explained that his stance on Solana has been bearish for some time, and the recent rejection from this key resistance area has only reinforced that outlook.  The SOL price chart shows several failed attempts to close above the red box, suggesting that sellers may still be controlling the trend despite recent accumulation. The upper range line around $250 has acted as an unyielding ceiling for months now, and DonAlt has indicated that as long as Solana trades significantly below it, the market should be considered structurally weak. Currently, the altcoin’s price has slipped toward mid-range levels, and the weekly timeframe is starting to exhibit early signs of a bearish breakdown.  In a previous report, DonAlt presented the same chart structure, emphasizing that Solana’s price action remains “awful” unless buyers step in within two days to rescue the weekly close. If they fail to do so, he expects the cryptocurrency’s price to fall back toward the range support at $126. At the time of writing, Solana is trading around $141, meaning a decline to $126 would represent a more than 10% drop in value.  Notably, the bearish pressure is visible on the chart candles, which continue to weaken each time Solana approaches the red resistance zone. The trend reflects a diminishing strength and a steady decline in momentum, further augmented by the broader crypto downtrend and rising volatility.  SOL HTF Chart Signals Severe Breakdown Risk DonAlt has also displayed a High-Time Frame (HTF) chart that he considers one of the most bearish he has seen in recent months. The chart shows a clean rejection from the upper boundary near $208, underscoring the weakness developing in higher timeframes.  Related Reading: XRP Set To Lead The Next Bull Rally: Crypto Research Firm Blows The Lid Open While many traders assume that bearish setups fail when they become too obvious, DonAlt suggests that the current situation with Solana is opposite. He points out that almost no one is panicking or even discussing the potential risks, which is even more unusual, indicating that this silence may be masking real vulnerability.  Featured image created with Dall.E, chart from Tradingview.com

The cryptocurrency market is experiencing a wave of declines, leaving investors concerned as the Bitcoin, Ethereum, and Dogecoin prices fall sharply. Despite experiencing a period of recovery earlier this week, all three digital assets are now facing renewed downward pressure. The latest price declines are driven by both macroeconomic uncertainty and internal market factors, underscoring how sensitive the crypto market remains to changes in investor sentiment.  FED Skepticism Fuel Decline In Bitcoin, Ethereum, And Dogecoin The recent decline in cryptocurrency prices comes amid growing doubts over the Federal Reserve’s (FED) approach to interest rates. Recent remarks from FED officials, including the President of the Federal Reserve Bank of Minneapolis, Neel Kashkari, have cast uncertainty on whether the central bank will deliver a third consecutive easing of policy during the December FOMC meeting.  Related Reading: Why The Bitcoin Price Crash Is Important If Wave 5 Corrects To $94,000 According to Bloomberg reports, Kashkari noted that recent economic data suggested more resilience than was initially anticipated, sparking a debate over the necessity of further rate cuts. This cautious stance has unsettled financial markets, causing investors to reconsider earlier positions as former expectations of a rate now appear uncertain.  Notably, Bitcoin, Ethereum, and Dogecoin have reacted sharply to the prevailing sentiment caused by the doubts in monetary easing. Their prices have plummeted, accelerating the broader correction that has been dragging on for months. This decline is also being augmented by large-scale whale sell offs and lingering ambiguity surrounding new developments in the previous US government shutdown.  How Much BTC, ETH, And DOGE Declined This Week In addition to macroeconomic factors, market dynamics are also contributing to crypto losses. CoinMarketCap’s data shows that the Bitcoin price crashed below $97,000 for the first time since May 2025. It has fallen more than 5% over the week and dropped another 6.4% in a single day.  Related Reading: Analysts Share Forecasts As Ethereum Price Struggles Below $4,000, And It’s Very Bearish Amidst this decline, long-term BTC holders are reportedly selling at record levels, fueling the downtrend. Additionally, institutional demand is weakening while investor sentiment has turned negative. Even Spot Bitcoin ETF activity is plummeting, recording over $866.7 million in net outflows yesterday—the second largest in its history.   Ethereum has also been hit hard, losing more than 10% in the past 24 hours and over 5% this week. The price has steadily trended downward for weeks and shows no clear signs of recovery. At the time of writing, ETH is trading at $3,200, down more than 35% from the ATH levels above $4,950 set in August this year.  Dogecoin, while only slightly affected by the broader bearish trend, is now trading at $0.165. It has fallen by approximately 2.3% during the week and by an additional 8% in one day. Collectively, these widespread declines suggest that the market may be experiencing a period of extreme stress, as all three cryptocurrencies have recorded double-digit monthly losses. Featured image from Freepik, chart from Tradingview.com

JPMorgan has put a numerical marker under this Bitcoin cycle, telling clients that the market’s “pain threshold” now sits near $94,000 — a level the bank frames as both a mining-economics floor and an answer to the question of how low spot can realistically trade before fundamentals start to bite. According to reporting by The Block, the analyst team led by Nikolaos Panigirtzoglou argues that “Bitcoin’s downside from current levels appears to be ‘very limited,’” because they “see its support price at around $94,000.” How Low Can Bitcoin Go? The core of the call is JPMorgan’s updated estimate of Bitcoin’s production cost. In their latest note, cited by The Block, the analysts say the all-in cost to mine one bitcoin has risen from about $92,000 to roughly $94,000 as network difficulty has surged over recent months. That jump in difficulty forces miners to deploy more hashpower per block, lifting the marginal cost per coin. The team reiterates a framework they have used in prior cycles, stressing that “the bitcoin production cost has empirically acted as a floor for bitcoin,” so a higher cost mechanically pulls the support zone higher as well. Related Reading: Bitcoin Death Cross Is Coming: Don’t Be Fooled By The Name On JPMorgan’s numbers, the ratio of spot price to production cost now sits just above 1.0, close to the lower end of its historical range. That implies miners’ operating margin is thin and that there is limited room for an extended move far below the modeled cost without triggering stress in the mining sector. From that perspective, the bank’s $94,000 level is not presented as a precise line in the sand, but as a statistically grounded region where downside risk becomes compressed because miners’ incentives to keep selling into weakness deteriorate. The same note keeps a much more optimistic medium-term scenario in place. JPMorgan reiterates a 6–12 month upside case around $170,000 per bitcoin, derived from a volatility-adjusted comparison with gold. As summarized by The Block, the analysts estimate that Bitcoin currently “consumes” around 1.8 times more risk capital than gold, yet still has a smaller market capitalization — roughly $2.1 trillion versus about $6.2 trillion in private-sector gold investment via ETFs, bars and coins. To close that gap on a volatility-adjusted basis, they calculate Bitcoin’s market cap would need to rise by about 67%, “implying a theoretical bitcoin price of close to $170,000.” Related Reading: Bitcoin Crashes To $98,000 As HODLer Selling Accelerates The Block also highlights how this view fits into JPMorgan’s recent track record of calls. In an earlier note last month, the same team argued that Bitcoin looked significantly undervalued relative to gold, implying upside toward about $165,000 by year-end. Panigirtzoglou has since dialed back the timing, telling The Block that, “it would not be realistic to expect this price target by year’s end,” given recent liquidations and very weak sentiment, and reframing $170,000 as a 6–12 month scenario rather than a near-term objective. The note further recalls an August projection around $126,000 by year-end; Bitcoin later printed an all-time high above $126,200 on Oct. 6 before a record liquidation event on Oct. 10 abruptly reset positioning. Those earlier pieces of research are consistent with a broader framework JPMorgan has been articulating publicly. In a separate analysis earlier this month, also led by Panigirtzoglou and reported by MarketWatch, the bank argued that post-October deleveraging left Bitcoin “very cheap to gold” on a volatility-adjusted basis and concluded that “this mechanical exercise thus implies significant upside for bitcoin over the next 6–12 months,” with fair value again clustering near $170,000. What the new note, as relayed by The Block, adds is a more explicit downside anchor: as long as network difficulty and energy-input assumptions keep the estimated production cost around $94,000, JPMorgan sees that level as the effective floor that answers how low Bitcoin can go before mining economics force the market to confront its constraints. At press time, BTC traded at $97,505. Featured image created with DALL.E, chart from TradingView.com

Over the last few weeks, analysts have been predicting that the Bitcoin price could crash again after the initial October 10 crash. This is because of the weakening market trends that have shown that Bitcoin is still favoring a downtrend at this point. Crypto analyst Lixing_Gan on the TradingView website also shares this view, with the appearance of a descending trend pattern that suggests that the Bitcoin price is more likely to fall than rise. Bitcoin Price At Risk Of Major Crash Below $90,000 So far, the Bitcoin price has been able to maintain its hold above the psychological level of $100,000, despite bears briefly pushing the price below this level. It has been trading in a tight range of $101,000 to $105,000 during this time, but with no notable momentum that could push its price higher. This tight range, unfortunately, plays into the descending pattern that maps a path downward. Related Reading: Abundance of Catalysts Suggests XRP Price Could Take Off This Week According to the crypto analyst’s chart, the descending pattern was formed at the start of October, well before the historic 10/10 crash. This means that the bearish trend had begun much earlier, and the resultant crash was only in response to bullish positions weakening across the board. This was triggered by massive sell-offs, mainly among whales and holders that have held onto their BTC for a notable amount of time. Over the last few months, these long-term holders have sold off more than 390,000 BTC, triggering billions of dollars in selling pressure. Given this, it is no surprise that the Bitcoin price broke down the way it did at the start of October. These sell-offs from the long-term holders, though, the crypto analyst believes, are a distribution phase. As they sell off their holdings to newer investors, the cost basis for each Bitcoin begins to rise, increasing the likelihood that buyers will hold for longer. Looking at the descending trendline from here, technical analysis suggests that the Bitcoin price is still testing the upper bound of the trendline. As the analyst explains, this upper bound happens to coincide with $106,500, which has been a major resistance for the cryptocurrency. Related Reading: Institutions Have Been Buying Solana Every Day For 2 Weeks, Is $300 Possible? In addition to the resistance above $106,000, the Bitcoin Ichimoku cloud also shows a rise in bearish pressure. This means that the $100,000 psychological level is still at risk, and if it breaks, then the current decline could deepen. The targets for this Bitcoin price crash lie well below the $90,000 level. The first major support is at $93,000, but a break below here could extend the decline to as low as $88,000 before the bulls find their footing again. Featured image from Dall.E, chart from Tradingview.com

Bitcoin is no longer the speculative playground it once was. What began as a retail-driven movement powered by early adopters and crypto enthusiasts has evolved into a market increasingly shaped by institutional capital, from BTC ETFs absorbing billions in inflows to corporations and hedge funds adding BTC to their balance sheets. Why Institutional Accumulation Has Changed Bitcoin Volatility The narrative around Bitcoin has undergone a fundamental transaction. According to the Arch Network post on X, the institutional participant in Bitcoin is no longer emerging; it’s already established. Spot Bitcoin ETF now holds over 1 million BTC, which is roughly 5% of the total supply. Daily inflows through mid-2025 have averaged between $300 and $500 million, with a cumulative asset close to $60 billion. Related Reading: Bitcoin (BTC) Recovers Past $105K as Shutdown Relief and Whale Buying Fuel Bullish Reversal Furthermore, the reach of this integration is global, with more than half of the world’s top asset managers now having indirect exposure to BTC through these accessible ETF structures. However, while this level of adoption is bullish, a significant challenge is that most of this BTC remains idle in cold storage. This model secures exposure but fundamentally does not generate return. Presently, for the institutions managing trillions in assets, the model is losing relevance. A productive BTC stack that combines robust security with consistent yield generation is becoming the natural next step for capital markets. An ambassador at NEARProtocol and Somnia_Network, Trader Onur, has highlighted that Bitcoin ETF recorded $524 million daily inflows on Tuesday, marking the biggest since the crash. The derivatives market is flashing similar signals that smart money just stacked $8.5 million in BTC longs. This shows retailers are still nervous, but institutions are quietly positioning. If the upcoming Consumer Price Index (CPI) print is favorable, it could set the tone for the year-end momentum. How Flows Can Confirm Or Contradict Market Mood The selling momentum in Bitcoin spot ETF flows has stalled for now. A full-time crypto trader and investor, Daan Crypto Trades, has pointed out that the BTC price has held the $100,000 region for now, as a lot of outflows and bad sentiment have taken place. However, the BTC price is also failing to push higher on the back of it. Related Reading: Bitcoin At A Battleground — This Price Range Will Decide the Next Cycle Phase As Daan noted, ETF flow data is a lagging indicator and useful mostly in hindsight. Nonetheless, when large outflows occur and the price refuses to drop further, it could be considered as short-term bullish absorption. Additionally, when heavy inflows fail to lift the price higher, it can signal local tops.  These patterns have played out multiple times in this cycle, and they often occur at the key pivot zones where market direction shifts. Daan believes that it’s still valuable to watch how the price behaves around major ETF in- and outflow days. Featured image from Pixabay, chart from Tradingview.com

Visible buying from spot bitcoin ETPs and corporates has not translated into decisive upside, leaving traders to ask a blunt question: who is supplying the market? For Chris Kuiper, CFA, vice president of research at Fidelity Digital Assets, the answer is clear. “ ‘Who is selling?’ is the number one question I’ve been getting regarding bitcoin’s continued price pressure against a backdrop of visible buying,” he wrote on X on November 12. “I’m not unique in suggesting it’s the long-term holders (or HODLers).” Kuiper points to a simple but powerful on-chain gauge: the percentage of outstanding bitcoin that has not moved for at least one year. Glassnode’s “Percent of Supply Last Active 1+ Years Ago” rises in bear markets as coins age in place and investors sit on unrealized losses, then typically falls sharply when bull markets let those same investors exit into strength. Related Reading: Bitcoin Death Cross Is Coming: Don’t Be Fooled By The Name “As you can see in the chart below, this line goes up during bear markets … and then usually a dramatic decline as these longer-term holders sell into the strength of a bull market,” Kuiper explained. What stands out to him today is that “with this cycle” the drawdown is “a relatively gentle slope down.” When bitcoin hit new highs earlier this year, the long-term-holder line “didn’t plunge,” he said. Instead, the market has been experiencing “a consistent slow bleed as the market has slowly moved sideways and up.” That slow bleed aligns with what Kuiper says he hears from the client side. “Bitcoin’s performance has recently lagged gold’s, even the S&P, and people are getting tired,” he wrote. Many investors, in his view, had been positioned for a textbook four-year cycle blow-off and were “waiting to sell into the historically strong seasonality of October and now November.” When October’s typical strength did not materialize and year-end approached, “long-term holders are looking to make year-end tax and positional changes, calling it a day with the gains they already have.” Related Reading: Bitcoin “Arguably Undervalued,” Says Analytics Firm: Here’s Why The Glassnode chart shows how different this looks from past cycles. In the 2017–2018 run-up and subsequent reversal, the share of coins last active more than a year ago rolled over violently as price spiked and then collapsed. In the current cycle, the curve that represents long-term-holder supply has been trending lower since 2023, but without the vertical collapse normally associated with euphoric distribution. On-chain analyst Julio Moreno of CryptoQuant added another layer by reframing the same dynamic as “1-year inactive supply drawdown” in percentage points of total supply. “Here’s another way to visualize this,” he replied to Kuiper, “by looking at the 1-year inactive supply drawdown in terms of % of total Bitcoin supply.” Moreno quantified the last three major cycles. In 2017–2018, 1-year inactive supply declined by about 20 percentage points of total supply. In the 2021 cycle, the drawdown was around 10 percentage points. In the 2024–2025 period so far, the decline is again roughly 10 percentage points. The CryptoQuant chart, which uses an inverted scale, renders that as a purple wave that rises as more long-dormant coins are spent or reallocated. This means that long-term holders have already released a volume of supply comparable to the 2021 cycle, even if it is still well below the 2017–2018 peak. What differs is the tempo. Rather than a short burst of profit-taking at the top, the market has absorbed roughly a 10-percentage-point reduction in inactive supply over a longer, choppier price path. Kuiper welcomed the alternative visualization, replying simply: “Great chart!” He also made clear what he will be monitoring from here. “I will be watching this slope along with some other metrics to gauge seller exhaustion,” he said. For now, he argues that “the positive fundamental developments and lackluster price action continue to diverge.” At press time, BTC traded at $102,609. Featured image created with DALL.E, chart from TradingView.com

On Thursday, the Bitcoin price fell toward the $98,000 mark, with November shaping up to mirror October’s performance as the market’s leading cryptocurrency continues to hit lower lows over the past month, confirming a prevalent downtrend in the market. Bitcoin Price Uncertainty Grows Post-Government Shutdown This downturn is indicative of growing market uncertainty, particularly following President Donald Trump’s signing of a bill that ended the longest government shutdown in US history on Wednesday.  Related Reading: Solana at a Breaking Point: Fading Memecoin Hype and Alameda Unlocks Test the $140 Support Zone More concerning, market analyst Ali Martinez has suggested that the Bitcoin price may be forming a head-and-shoulders pattern. According to his analysis, this could set the stage for a significant drop to as low as $83,000. This would represent an additional 15% decline if the pattern holds true. Adding to the worries for bullish investors, Bitcoin has recently fallen below its 200-day simple moving average (SMA), an historical key technical support for the cryptocurrency’s price in bullish cycles.  The expert now indicates that a break below this key level during bear markets often leads to significant declines, potentially leading the Bitcoin price under its realized price, currently pegged at $56,200. This would imply that BTC could see a further 42% drop from current trading prices. Crypto Winter Looms Despite the expectation of bullish catalysts such as increased liquidity and potential interest rate cuts by the Federal Reserve, along with positive macroeconomic data, the outlook for the Bitcoin price suggests the possibility of a new bear market.  Related Reading: $1.33B Ethereum Whale Just Moved Another $120M USDT to Binance – Details Ali Martinez’s analysis implies that bearish sentiment is gaining momentum, raising concerns about an impending “crypto winter” unfolding for investors once again this year.  As of this writing, BTC is trading at $98,150, marking a loss of nearly 13% over the past thirty days and erasing most of the gains it had accumulated throughout the year. In this time frame, it has only posted a 9% gain.  Featured image from DALL-E, chart from TradingView.com 

Bitcoin is down by 2.1% in the past 24 hours, and its latest decline has come at a moment when many traders expected the opposite. The US government shutdown is already in the process of winding down after weeks of uncertainty, yet the prices of Bitcoin and Ethereum have continued to drift lower and are under pressure.  The cryptocurrency market’s inability to rebound notably has led to active debate among traders on X. One of the most vocal views came from a popular trader known as The White Whale, whose remarks express a growing sense of frustration across the crypto community. The Shutdown Isn’t Really Over The White Whale argument is that the crypto market’s price action is yet to rebound because the government shutdown is not truly over. The analyst insinuates that the apparent resolution to the shutdown is far less reassuring than it looks. Related Reading: Adam Beck’s Bitcoin Realization: What Kind Of Money Is BTC? In his view, the government only approved short-term funding so that federal workers get paid through the holiday period, but this leaves the underlying issue unresolved. The temporary nature of the fix means the same uncertainty could come back in just a few weeks, which he believes is preventing markets from reacting positively.  The discussion attracted instant responses, including a contrasting view from another commentator, Nara Sumas. Sumas dismissed the idea that the shutdown is the main factor behind price action, noting that markets barely reacted when the shutdown began. The point is that the macro crypto environment is already heavy with weak sentiment, and there is bad news about the markets every day. Therefore, the crypto market’s decline has more to do with those structural conditions than with government drama. Furthermore, the brief uptick earlier in the week was due to exuberance and not anything based on fundamentals.  Despite the pushback, The White Whale doubled down on his stance. He maintained that markets do react to shutdowns, but not immediately. Therefore, the delayed downturn is a reaction after it became apparent to investors that the situation wasn’t going to be resolved quickly. What’s Next For The Crypto Market? The path ahead for the crypto market is tied to whether confidence can return after weeks of choppy price action and sentiment. The exchange between traders on X, like the one highlighted above, shows that many are weighing the impact of the temporary government funding deal against the deeper macro issues that have shaped this downturn.  Related Reading: Bitcoin Bull Market Peak Indicators Says Hold Despite Crash Below $100,000, What’s Happening? Even though the shutdown is winding down, the uncertainty around what happens next is notable, especially for investors who rely on clear policy direction before taking on additional risk. At the time of writing, Bitcoin is trading at $102,900, down by 2% in the past 24 hours. At the same time, XRP is witnessing a resurgence in interest, as investors are now awaiting the possible launch of a US-based Spot XRP ETF this week. Featured image from Pixabay, chart from Tradingview.com

Bitcoin is days from printing another daily “death cross” — the 50-day simple moving average slipping beneath the 200-day — but analyst Kevin (Kev Capital TA) argues the label misleads more than it informs. In a November 12 video breakdown titled “BTC Daily Death Cross — How It Works And What To Expect,” he contends that every daily death cross of this cycle has coincided with the late stages — and, in practice, the lows — of multi-month corrective phases. “Don’t fall for the posts that say, ‘Oh my god, death cross on the daily, we’re going down 80%.’ That’s not how these have played out,” he says. “Remember, moving averages are lagging indicators […] the move that caused the cross has already occurred.” What The Bitcoin Death Cross Means The framing is data-driven and distinctly cyclical. This market, he stresses, has not behaved like 2017 or 2020–2021, when vertical advances never allowed the 50-day to undercut the 200-day during the advance. Instead, 2023–2025 has featured long pauses of 114 to 174 days, with price grinding sideways-to-down before pushing higher again. Each of those pauses bent the 50-day lower long enough for a cross, and each cross clustered near the end of the corrective window. “This cycle we have seen these consistent, right, 150, 160-plus days of corrective periods […] and with that causes the moving averages to act differently,” he says. Related Reading: Bitcoin “Arguably Undervalued,” Says Analytics Firm: Here’s Why Kevin revisits the three prior crosses. In 2023, after the brutal post-$30k range that followed the breakout from bear-market lows, the death cross “marked the lows […] basically the end of the correction.” Bitcoin chopped for roughly a month, then embarked on what he calls “the biggest rally of the cycle,” carrying from roughly $25k to $73k as altcoins “went berserk […] 5x to 8x, some 10x.” The 2024 instance came after the mid-cycle top in March and a year-long grind into the US election window. A single “16% candle on one day” stabbed into the lows a few days before the cross; the cross itself arrived after the damage, followed by two months of chop and then a Q4 recovery bid amid “the election exuberance” and a “dovish” turn in Fed rhetoric, pushing Bitcoin “to about $110k.” The third case, in Q1 2025, was even cleaner. As markets corrected from late-December/early-January peaks amid tariff fears and froth, the 50-under-200 print “literally marked the bottom of the correction,” with an immediate recovery. He characterizes 2025 as a year of reclamation rather than expansion: “We barely made a new all-time high […] that’s just kind of been 2025 in a nutshell,” which explains “why sentiment is just so bad.” The core mechanism is lag. Because the 50- and 200-day SMAs average past prices, their cross reflects a move already completed. “Almost 100% of the time when a death cross occurs, you do get a retrace back up into your moving averages,” Kevin says, adding that the key question is whether Bitcoin’s bounce merely tags that cluster or reclaims it with authority. He highlights a specific line in the sand: “Can it reclaim the $106.8k level on weekly closes? If Bitcoin can reclaim its daily moving averages […] and its $106.8k level on weekly closes, Bitcoin should have the opportunity at making a new all-time high.” Failure would argue that “the four-year cycle just played out normally and Bitcoin just had a really weak cycle,” with altcoins never delivering a classic “alt season.” What Comes Next For BTC? The analyst leans into the present confusion. He notes a schism among four-year-cycle adherents over whether the clock should be measured from the bottom or from the halving, and he points to evidence of distribution from long-term holders: “Whales that have been holding since the Satoshi era [are] offloading their Bitcoin.” Even so, he frames spot resilience as non-trivial: “Pretty surprised that Bitcoin is still hanging around at $105k given the fact that it’s had that much sell pressure […] back in earlier days when Bitcoin was topping out and whales were offloading, Bitcoin was going through 50% corrections.” Related Reading: Bitcoin Path To $1 Million Clears With OG Sellers Fading: Dave Weisberger The broader macro backdrop is part of the story. This has been “a restrictive monetary policy environment where liquidity was being sucked out of the system and rates were just too restrictive,” with AI-led equities absorbing risk flows. “The NASDAQ and S&P have been making new all-time highs for multiple years,” he says, while the Russell “barely broke out to a new all-time high a few weeks ago.” In other words, crypto’s underperformance is not isolated. What comes next, in Kevin’s view, is a clean market test. The daily death cross is “a day or two away,” likely into the weekend, and traders should expect a response toward the moving averages. The decisive stage is whether price can then clear the stack — “our 200 SMA, our 200 EMA, our 100 EMA, and even this 50 SMA” — and convert the $106.8k weekly close level back into support. “If we can do that […] Bitcoin absolutely has an opportunity to go make a new high,” he says. “If we can’t […] then obviously things are not going to be looking too good.” He cautions that incoming macro prints and central-bank rhetoric could “throw a wrench into things,” but he returns to the same empirical anchor: “This has happened three times this cycle already. Here’s exactly how the data works. Here’s what’s happened.” The punchline is less apocalyptic than the name implies. Four death crosses in one cycle is unprecedented for Bitcoin during an advance, and the last three coincided with late-stage corrective lows rather than trend collapses. As Kevin puts it: “The death cross everyone fears has marked every bottom so far.” The signal that “refuses to kill Bitcoin” is set to flash again; the pathology of the move afterward — rejection at the averages versus a decisive reclaim and weekly hold above $106.8k — will tell the real story. At press time, BTC traded at $103,540. Featured image created with DALL.E, chart from TradingView.com

Ripple’s Chief Technology Officer (CTO), David Schwartz, has provided a clear explanation for why the Bitcoin price remains so high, currently the most expensive cryptocurrency on the market. Notably, Schwartz’s statement had sparked new discussions across the crypto community. His remarks focused on how people view and use BTC in transactions, revealing a simple economic truth that helps explain the market’s continued confidence in the world’s leading cryptocurrency.  Ripple CTO Explains Logic Behind Elevated Bitcoin Price On Tuesday, Schwartz shared his thoughts on X, offering a simple but insightful explanation for Bitcoin’s current price strength. Responding to a community member’s question about why anyone would spend BTC given its potential for future appreciation, Schwartz explained that the reason lies in the asset’s perceived value and future expectations.  Related Reading: Why Did The Bitcoin And Ethereum Prices Crash On October 10 And Will It Happen Again? According to the Ripple CTO, when individuals use Bitcoin to pay for goods or services, they are essentially realizing the full expected value of its future growth today. Rather than holding Bitcoin as a long-term investment and waiting for price gains, these users convert its potential into immediate utility. This behavior, he noted, reflects a broader belief in BTC’s enduring value and is one of the primary reasons why the cryptocurrency’s price remains so high.  Notably, Schwartz’s remarks followed a conversation that began when Jack Dorsey, co-founder of Square, a business technology company, announced that Bitcoin payments had gone live across the firm’s platforms. Dorsey revealed that Square customers can now pay for services and products using Bitcoin directly, and sellers can choose between multiple settlement options, including BTC-to-BTC, BTC-to-fiat, and fiat-to-BTC transactions. Funds received through Bitcoin payments will be automatically stored in a user’s Square wallet, with self-custody transfer limits of up to $15,000 per day or $50,000 per week.  Interestingly, the timing of Schwartz’s explanation comes a month after BTC reached a new all-time high of over $126,000. Compared to other digital assets, Bitcoin is the only cryptocurrency in the six-figure territory, even surpassing traditional investments like gold and major stock indices. While some analysts argue that Bitcoin is overvalued, many investors remain convinced that it could still climb significantly higher in the long term. Bitcoin Price Expected To Rise Even Higher  The Bitcoin price is currently sitting above the $100,000 level, but analysts believe it could rise even further. The leading cryptocurrency is hovering near $103,300, experiencing some volatility, which has triggered a nearly 2% dip in the past 24 hours amid whale capitulations. Crypto analyst Joe Francesco noted that Bitcoin had initially surged to $107,000 following a wave of optimism sparked by US President Donald Trump’s proposed $2,000 stimulus plan.  Related Reading: New XRP ETF Just Dropped, But Will Anything Be Different This Time? However, the rally proved short-lived, as BTC fell a few days later. Despite the pullback, Francesco has described the cryptocurrency’s chart setup as positive, predicting that Bitcoin could soon break through $107,000, with the potential to reach $115,000 and even $120,000 if upward momentum continues.  Featured image created with Dall.E, chart from Tradingview.com

The cryptocurrency market has weathered a challenging period, testing the resolve of the most seasoned investors. After a prolonged period of downward pressure, the Bitcoin Supply-Loss Chart is flashing a possible bottom signal. A Deeper Look At Bitcoin Supply In Loss Chart Bitcoin on-chain data on the loss chart is currently flashing a possible bottom. In an X post, CryptosRus has revealed that the supply in the Loss metric chart tracks the total amount of BTC held by addresses where the current market price is below the average cost basis of those holdings. Essentially, the portion of BTC owners is currently underwater on their investment. Related Reading: Bitcoin To Bottom Out In 300 Days: Top Expert Forecasts $38,000 To $50,000 Price Point As a sentiment indicator, the high levels of supply in the Loss chart typically signal fear, capitulation selling, and potential market bottoms. In addition, the low levels indicate broad profitability and market greed. On April 7, 2025, when BTC traded around $74,508, the supply in loss was 5.159 million BTC. By November 5, 2025, even with BTC rising to $98,966, the supply in loss had also increased to 5.639 million BTC. During mid-2024, a similar situation reportedly occurred, marking the bottom at that time. The expert also outlined particular areas on the chart marked as 3, 4, and 5, which show uncanny similarities. Furthermore, in October 2025, recent lows showed a sharp spike in losses amid volatility, with approximately 30% of supply going underwater. On the chart, the yellow boxes highlight a rapid build-up, which has been a potent precursor to the market bottom. Currently, the supply in the loss has climbed to 28% and 33%, which is equivalent to 5.5 million BTC to 6.5 million BTC, matching the October endpoint on the chart and echoing the correction patterns seen in 2024. CryptosRus concluded that this may bring short-term bearish pressure, but it could flush out the final weak holders, opening the way for a bounce in Q4 and Q1 2026. The Accumulation Phase Before The Breakout Bitcoin has experienced three major corrections in this cycle, and each one has eventually led to a new all-time high after months of conviction. According to an analyst known as 0xBossman, this correction is no different, and each of these corrections has been brutal in its own way. BTC’s market flushed out the leveraged traders, resulting in them losing it all. Related Reading: Bitcoin Bull Market Peak Indicators Says Hold Despite Crash Below $100,000, What’s Happening? Meanwhile, the boredom that comes as a result of these corrections is what has led to the bearish sentiment. The market feels indecisive, and altcoins have bled. Thus, 0xBossman advised that traders should step back and realize that this consolidation will end with a massive green candle. Featured image from Getty Images, chart from Tradingview.com

A new technical report from China’s National Computer Virus Emergency Response Center (CVERC) has revealed shocking details about one of the largest Bitcoin hacks in history, which points to a hidden power struggle between China and the United States over $15 billion in Bitcoin. The stolen Bitcoin stayed untouched for four years, which blockchain experts say is unusual for typical hackers. Now, both China and the US are pointing fingers, with some analysts suggesting the US government may have secretly seized the coins. China’s 2020 Bitcoin Hack Raises Questions About US Government Involvement LuBian was a fast-growing Bitcoin mining pool launched in 2020, mainly operating in China and Iran. In late December 2020, hackers attacked its system and stole over 90% of its Bitcoin, matching almost exactly the 127,271 BTC later claimed by the US Department of Justice (DOJ). Related Reading: XRP Set To Lead The Next Bull Rally: Crypto Research Firm Blows The Lid Open Soon after the theft, Chen Zhi, chairman of Prince Group in Cambodia, and his team sent over 1,500 messages on the Bitcoin blockchain, embedded in small transactions, begging the hackers to return the funds and offering a ransom. The hackers never responded. The stolen Bitcoin remained in a single wallet from 2020 until mid-2024, an unusual move, as most hackers move stolen coins quickly. Blockchain experts say this behavior suggests a carefully planned state-level operation. Who Really Controls The 127,000 BTC? In June 2024, the stolen Bitcoin finally moved again to new addresses, which well-known blockchain-tracking companies, including Elliptic and Arkham Intelligence, have identified as being under US government control. Then, on October 14, 2025, the US DOJ announced that it had seized 127,000 Bitcoins from Chen Zhi and charged him with financial crimes.  Chinese experts, however, claim these are the same coins stolen from LuBian in 2020, suggesting that the US government may have controlled them years earlier. According to the CVERC report, the unusual behavior of the stolen coins remaining dormant for four years suggests that possible state-level operations are now intersecting with the DOJ’s legal case against Chen. Related Reading: Here Are The Bitcoin Whales That Have Been Dumping BTC And Crashing The Price Blockchain analysis reveals that all 25 Bitcoin wallet addresses mentioned in the US DOJ indictment correspond to the addresses involved in the 2020 hack. Only a tiny fraction of the stolen Bitcoin was ever moved before 2024, highlighting the unusual, state-level nature of the operation. The report further suggests that the US may have acquired the stolen funds long before announcing the seizure, possibly even participating in or benefiting from the original hack. Chinese analysts argue that this appears to be​​ a “state-level double-cross”, where one government used hacking tools to seize digital assets under the cover of law enforcement.  Meanwhile, the US DOJ has not explained how it obtained Chen Zhi’s private wallet keys or why those wallets exactly match the stolen LuBian funds, leaving the question of accurate control unresolved. Featured image created with Dall.E, chart from Tradingview.com

Former chairman and co-founder of CoinRoutes and now president of BetterTrade.digital Dave Weisberger used a November 11 video to restate Bitcoin’s long-term bull case, arguing that the market’s “morose” sentiment and technician-driven calls for downside are missing the structural shift underway on both fundamentals and market microstructure. He framed his analysis in two parts—why Bitcoin is being bought and what the current market structure implies—contending that the thesis toward seven-figure pricing remains intact even without an obvious near-term catalyst. The Path To $1 Million Per Bitcoin On fundamentals, he drew a direct comparison with gold’s monetary role and size. Citing an above-ground market value of “around $28 trillion” and “about $7 trillion in known reserves below ground,” Weisberger argued that roughly 80% of gold’s value is monetary, not industrial, using the platinum–gold price relationship as a proxy. “Gold today trades at about two and a half times platinum, which for most of my life was about double the price of gold,” he said, adding that platinum is “30 times rarer and more valued by women in jewelry.” From that relative-value lens, he estimated gold’s “monetary value fully diluted around $28 trillion,” contrasting it with Bitcoin’s “fully diluted market cap […] just over $2 trillion at today’s prices.” Related Reading: China’s Cybersecurity Agency Alleges US Government Stole $13 Billion In Bitcoin If Bitcoin equals or surpasses gold on monetary characteristics, he argued, the gap implies transformative upside: “It could rise to equal gold. Except it’s better than gold on monetary characteristics.” He emphasized Bitcoin’s native digital finality, resistance to counterfeiting, divisibility, transparency, and programmatic supply schedule—benefits that also avoid gold’s custody, assay, and transport frictions. Even in a scenario where fiat “holds its value,” he suggested, network adoption alone could warrant a multi-fold repricing; in a debasement regime, he said, the asymmetry is stronger: “As the Bitcoin network grows and it gains acceptance it’ll likely rise by 10 times this or more.” Via X, he added “the Fundamental case” is $1 million in today’s dollars. Weisberger revisited the “fastest horse” framing popularized in the early COVID-era liquidity surge. He pointed to Paul Tudor Jones’s thesis in “May of 2020,” acknowledging he misspoke initially, and reminded viewers that the price then “did nothing” for months before a stepwise acceleration from October through the subsequent euphoric leg higher. The lesson, in his view, is that market tone can lag fundamentals until positioning resets and liquidity leadership rotates back to Bitcoin. “History doesn’t always repeat, but it can sometimes rhyme,” he said. On market structure, Weisberger took aim at the four-year halving cycle as a predictive template. Historically, he said, cyclical behavior followed a pattern—halving, a six-month period of miner-incentive doubt, then a relief-to-euphoria rally that later bled into altcoin rotation before a broad drawdown. He argued that dynamic is losing relevance because supply changes are now “irrelevant relative to the amount of demand that’s going on,” while network security trends tell a different story: “If you look at the Bitcoin hash rate chart, it’s increasing at a geometric pace.” The moving parts he sees actually driving prices are the interaction of legacy supply and institutional demand. “It’s basically the OG sellers who are selling over 100,000 [BTC] and the new buyers, whether they’re in ETFs or in MicroStrategy, etc.” Those early holders, in his telling, are rationally diversifying life-changing gains rather than capitulating, which implies a finite overhang: “Entrepreneurs don’t generally sell everything […] they sell some at a level to get where they need to be and then […] sell at later prices.” He underscored that spot ETF investors appear patient despite recent volatility. “Even after all of the carnage of the last few weeks since October 10th, less than 2% of the Bitcoin ETFs have outflown,” he said, characterizing that cohort as long-horizon allocators “looking for a 10x gain,” not trading around single-digit drawdowns. He contrasted October’s deleveraging—“$20 billion was liquidated […] but only five billion of the liquidation was in Bitcoin”—with the 2022 insolvency cascade: “This cycle doesn’t have a Celsius […] doesn’t have an FTX. The impact of the liquidations is not going to be to cause an insolvency event which causes forced sales.” Without a credit-driven unwind, he argued, technical analogies to 2022 are misplaced: “If there’s no forced sales, why do we expect a sale on the magnitude that happened in 2022 […]? They’re trying to impute something without taking into account the actual circumstance.” Related Reading: Most Reliable Bitcoin Boom Indicator Just Went Off-Script: Expert Price leadership, in his view, will return through “liquidity and slow grinding growth” while “hot money” recovers from leverage-driven losses. He expects the OG selling to “abate,” as partial profit-taking runs its course, setting the stage for the next euphoric leg once a catalyst emerges. Weisberger did not pretend to know which spark will ignite it—“I’m not a Nostradamus”—but listed plausible vectors that are consistent with prior cycles: “The catalyst could be sovereign accumulation. The catalyst could be Bitcoin being used as collateral […] It doesn’t really matter what the catalyst is.” The key risk for would-be sellers, he suggested, is time out of the market during the inflection: “Unless you are very nimble, very quick, have no tax consequences, and aren’t out of the market or on vacation in the two or three days when euphoria first starts, then I would be very, very reticent to sell here.” My 2 part Bitcoin analysis: 1) The Fundamental case for $1 Million Bitcoin in TODAYS dollar 2) Why the current gloom is unwarranted & now is a great time to accumulate Bitcoin for the long haul The Bull Case For Bitcoin 11 11 https://t.co/0ACKrn3bgQ via @YouTube — Dave W (@daveweisberger1) November 12, 2025 He closed with a caution that acknowledges the market’s capacity to frustrate both bulls and bears. “Maybe euphoria will happen after it continues to drag on and fall for another few months, but at some point it will happen,” he said. He disclosed his positioning—“I have not sold any sats, nor do I intend to”—and reiterated the discipline required in a choppy tape: “Stay safe out there. This market does look interesting and is going to likely stay that way for a while.” At press time, BTC traded at $104,954. Featured image created with DALL.E, chart from TradingView.com

The Bitcoin dominance has remained quite high over the last year, holding firmly above 50% and preventing altcoins from making any meaningful recovery. Even now, the dominance has climbed close to 60%, showing that Bitcoin is still determining the direction of the entire market. However, there has been a development that could change the trajectory of the Bitcoin dominance and put altcoins in the spotlight once again, highlighted by crypto analyst Unichartz. Bitcoin Dominance Breaks Below 50 EMA Since 2023, the Bitcoin dominance has remained firmly above the 50-Day Exponential Moving Average (EMA), showing immense strength around this level. Even through market crashes, the digital asset has maintained its dominance, and with each passing year, the trendline has continued to rise. As long as the Bitcoin dominance stayed above the 50 EMA, it showed it would continue to dominate, but this is changing now. Related Reading: Shiba Inu Derivatives Market Is Taking Off Again, But What Does This Mean For Price? According to the post by Unichartz, it shows that the Bitcoin dominance has now crashed below the 50-Day EMA for the first time in almost one year. This comes as the dominance lost its footing above 60% and has failed to reclaim its position above it. Naturally, there has been an attempt to reclaim the 50-Day EMA once again. However, this attempt failed after the brief surge above 63% in early October was thwarted by the market-wide crash on October 10. Since then, the dominance has remained below the 50 EMA and has now spent a full consecutive month below this critical level. What This Means For The Crypto Market Historically, the altcoin season has only begun when the Bitcoin dominance has seen a decline. This trend has held strong through the years, and even through the current cycle, has prevented the rise of another altcoin season. Related Reading: Dogecoin Does Not Have Potential For A Strong Move Upward, Analyst Says However, with the crash below the 50 EMA, the analyst predicts that the Bitcoin dominance is about to see a massive crash. It shows that the dominance will fall below 40% if it fails to reclaim the 50 EMA soon. Such a crash would give room for altcoins to actually run as the focus moves away from Bitcoin. With the Altcoin Season Index sitting at a low 31 at the time of this writing, it shows that a crash in the Bitcoin dominance is sorely needed for altcoins to rise again. However, the analyst explains that if the dominance does reclaim the 50 EMA, then Bitcoin’s lead may be extended for longer before attention rotates back to altcoin. Featured image from Dall.E, chart from Tradingview.com

Bitcoin is currently locked in a decisive struggle at a make-or-break resistance zone. After a strong attempt to push higher, BTC was rejected and has retreated to a pivotal support area. The next few sessions are crucial: bulls must quickly reclaim the critical overhead resistance, or risk triggering a wider market retreat back toward lower support levels. Battle At Resistance: Can Bitcoin Reclaim $107,000–$108,000? In a recent update, Crypto Candy noted that Bitcoin’s price action continues to unfold largely as anticipated, maintaining strength and structure across key levels. After enduring a volatile period, BTC held firmly within the $99,000–$101,000 support zone. This strong defense from buyers set the stage for a rebound toward the upper resistance area around $107,000–$108,000. Related Reading: Bitcoin Valuation Reset: MVRV Slides Into Macro Correction Territory — What This Means At present, the $107,000–$108,000 range is acting as a critical barrier, and Bitcoin’s ability to reclaim this zone could determine its short-term direction. The current consolidation suggests a tug-of-war between bulls and bears, with buyers aiming to push for a breakout, while sellers are attempting to cap further upside. The outcome of this battle may set the tone for the next decisive move in the market. If the current momentum fails to hold, Crypto Candy suggests a pullback to lower levels could follow, giving bears another short-term edge. However, Crypto Candy added that if Bitcoin successfully reclaims the $107,000–$108,000 range, the market could shift back in favor of the bulls. Such a breakout would likely trigger renewed buying pressure, potentially driving the price higher toward the $116,000–$118,000 zone or even beyond. BTC Faces Rejection At Resistance, Support At $105,000 In Focus Presenting an outlook, Crypto VIP Signal revealed that BTC has recently reached a key resistance area but was immediately rejected on its first attempt. This initial failure suggests that a significant pocket of selling pressure is positioned at that level. Related Reading: Bitcoin Recovery Lacks Conviction, Market Signals Another Pullback Risk Following this rejection, the price has now moved down to the $105,000 support level. The analyst stresses that the market must hold this specific price point, as it represents a crucial line of defense against a deeper pullback. Crypto VIP Signal warns that if there is a decisive break and a close below $105,000, the market could see a significant drop toward the next major support in the $103,000 zone. However, the crypto analyst highlighted that another attempt to retest the initial resistance area is expected in the coming days. This implies the rejection may be a healthy setback before bulls try to breach the critical ceiling again. Featured image from Pixabay, chart from Tradingview.com

Chartered Market Technician (CMT) Tony “The Bull” Severino argues that Bitcoin’s most dependable macro tell—the copper-to-gold ratio—has broken character at the very moment the market typically enters a parabolic phase, leaving the post-halving script in disarray and altcoins without their usual rotation. Why The Copper/Gold Ratio Is Crucial For Bitcoin In a 16-minute video analysis published on November 10, Severino frames the copper/gold ratio as a “growth versus fear index,” where copper strength signals expansion, rising yields and appetite for risk, while gold outperformance maps to recession risk, falling yields and risk-off behavior. “When gold is performing better than copper, it typically means economic slowdown [and] general recession fears,” he said, adding that copper’s industrial demand anchors the ratio to the business cycle. The punchline: the ratio’s cyclical turn that historically coincides with Bitcoin’s vertical phase simply never arrived. “They say the most dangerous thing to say in investing is that this time is different. Well, this time is different,” Severino said. “The business cycle based on the copper versus gold ratio did not turn back up.” Severino contends that the four-year halving lore is at best incomplete and at worst misattributed. He overlays prior halving dates with a Fisher Transform signal on the copper/gold ratio and observes that the true inflection has historically been macro, not supply-driven. “I never really thought it was the halving,” he said. “The same halving date started a bull run in the Nasdaq […] the halving in Bitcoin would not really have any effect on tech stocks.” In his construction, the halving has coincided with, rather than caused, the ratio’s upswing and a risk-on impulse that typically propels Bitcoin beyond prior highs into a final, parabolic leg. Related Reading: Why Is Bitcoin Up Today? Key Reasons Explained This cycle diverged. After briefly producing a “higher high” in the ratio—the first since roughly 2010—copper/gold failed to establish a higher low and instead printed “another lower low,” marking, in Severino’s words, the lowest reading in about 15 years on his chart—“since pretty much since the Great Recession.” The Fisher Transform that had historically flipped up to confirm the risk-on window never delivered the full follow-through. “It was supposed to send Bitcoin into the final stage of its parabolic rally […] we didn’t go parabolic after going above all-time high. We’re just kind of meandering sideways.” Is The Bitcoin Cycle Top In? Timing-wise, that failure matters. Severino measures roughly a year between the ratio’s go-signal and Bitcoin’s cycle top in prior episodes. By that yardstick, “we really should have topped” already or, if anchored to the March breakout above the 2021 high, would at least be entering a risk-off window. But without the definitive risk-on impulse, the cycle landmarks blur. “Because we didn’t get the full risk on, I don’t know where the risk off signal is,” he said. Related Reading: Bitcoin Price Analysis: Pre-Rally Signals Point To $180,000 Target In Q1 2026 The implications extend to altcoins and Bitcoin dominance. Historically, the ratio’s green “risk-on” phase lined up with “alt season,” but this time the setup never materialized. “You normally get your alt season at these green points […] We didn’t get it here,” Severino said, noting Bitcoin dominance is holding key support on higher-timeframe views. He also highlights an “extremely strong negative correlation” between Bitcoin and the copper/gold ratio at present; in past cycles, correlation drifting toward zero tended to coincide with altseason. “None of the conditions for altcoin season seem to be here based on past economic signals,” he added. Severino stops short of a deterministic call. The ratio’s trend structure is ambiguous—one failed breakout from a long downtrend does not make an uptrend—and the Fisher signal could still turn. But until it does, he argues, macro says caution. “We’re still in the fear sort of side of this ratio. We need to still be defensive and we should be risk off. When this starts to turn back up, we can consider being bullish risk assets again.” That ambiguity, he suggests, is precisely why Bitcoin’s post-ATH drift has defied the well-worn four-year narrative: “It just didn’t do the same thing as it did in the past […] We are different. It is genuinely different this time.” At press time, BTC traded at $104,486. Featured image created with DALL.E, chart from TradingView.com

Bitcoin’s next chapter is unfolding, and Beyond is constructing a bridge that links BTC’s unmatched security and store-of-value status with the dynamic utility of modern blockchain ecosystems. This is a redefinition of BTC’s role in the global financial architecture, opening pathways for integration that could finally merge the worlds of traditional finance and decentralized networks. Why Interoperability Is The Key To Bitcoin’s Next Phase The crypto world has grappled with a fundamental paradox, and Beyond is building the bridge that Bitcoin has been waiting for. The Founder of DrAlphaweb3 and ordinalcarrots, Dr.OVG, has highlighted that BTC will remain the leading store of value, but in many decentralized finance (DeFi) setups, it is either locked out or wrapped. Related Reading: Bitcoin (BTC) Holds $100K as Investors Move Toward This New DeFi Crypto Project By enabling BTC liquidity to move natively across chains, like layer 1s, layer 2s, and various DeFi protocols, Beyond is set to unleash BTCFi. Specifically, the initiative will enable BTC holders to lend, borrow, earn yield, and deploy their BTC without sacrificing decentralisation and security. This innovation is critical because it will unlock BTC utility as it grows to transition into an active player in the global DeFi economy. Dr.OVG concluded that traders might see some crazy runners, so individuals should position themselves accordingly.  A project and protocol writer, Mattcrypted, has also mentioned that BTCFi thrives with seamless UX powered by LayerZero’s Omni-chain Fungible Token (OFT) technology. Meanwhile, Beyond bridges connections with Echoport Ordinals to 140+ chains and 200+ partners for users to move BTC and LSTs effortlessly. With Beyond mainnet set to go live in Q4, the network will support the meta protocol, sidechain wrappers, and L2 integrations. In this innovation, the dual sale structure behind the upcoming project is also designed to deliver bear market-proof valuation for token sales. The combination of a token launchpad and Ordinals participation will ensure wide accessibility during the token sales. On the technical front, EVMs would seamlessly operate as a trusted protocol backed by Animoca Brands and vVv, which is bullish, and Beyond would pioneer BTC connections across the ecosystem. Why Bitcoin Next Chapter Demands Interoperability Bitcoin is not meant to stay siloed. According to a Web3 builder, Jaouad, Beyond is a native BTC L1 interoperability layer that enables seamless movement of any token within Bitcoin while linking the flagship crypto, BRC-20s, Runes, and more to over 100 chains. Related Reading: Big Bitcoin Holders Are Selling, But Few Buyers Are Stepping In As Demand Weakens Jaouad stated that as a Wallchain Quaker, he’s actively grinding on the Beyond Mindshare Leaderboard, as 4% of the total BYD supply is dedicated to contributors, with 2% reserved for Epoch 1, which will wrap up on December 8. “If you are serious about BTCFi, this is the bridge you cannot ignore,” Jaouad noted. Featured image from Pixabay, chart from Tradingview.com