Bitcoin Latest Analysis
Recent Pullback & Volatility
Bitcoin has slipped below $90,000, marking a significant drop from its October highs above $126,000. Reuters
This correction reflects rising investor caution amid uncertainty around future U.S. interest rate cuts and weakening risk sentiment. Reuters+1
Macro & Institutional Headwinds
Some institutional investors and crypto-related firms are taking money off the table, contributing to the downtrend. Reuters
Broader market jitters — especially fears of overvalued tech and AI sectors — are weighing on risk assets, including Bitcoin. The Guardian
Technical Risk / Support Levels
According to analysts, if the current drop continues, $75,000 could be the next major support level. Reuters
On the flip side, some bullish models still argue for strong long-term upside: one cycle-top projection reaches $275,000 by November 2025, based on power-law regression. Yahoo Finance+1
Short-term Sentiment & Forecasts
Some forecasters suggest a rebound over the next few days, with possible targets from $94,000 up to $100,000. CoinCodex
Others remain more cautious: the October drop marked the end of what many called “Uptober” — historically a bullish month — and now argue November could be more volatile than usual. The Economic Times
On-chain & Fundamental Strengths
Despite the volatility, long-term adoption themes still support Bitcoin: scarcity (21 M cap), growing institutional interest, and ETF inflows are frequently cited by bulls. MoneyWeek+1
Technically, some models (e.g., quantile regression) imply very large cycle tops, suggesting that this pullback might be a healthy consolidation rather than a blow-off top. CoinMarketCap
Outlook
In the near term, Bitcoin is under pressure. If the $90K region fails to hold, we could see further downside toward $75K.
But in a medium- to long-term view, there remains significant bullish conviction: some forecasts still target well above $100K by year-end (or cycle top), assuming ETF inflows and macro tailwinds resume.
