九姐 AI Allindoge

On November 17, 2025, Bitcoin initially fell and then rebounded slightly, dropping to around $93,005 at one point overnight, wiping out all gains since May of this year, and as of the time of writing, it was around $95,000. Its market value reached $1.89 trillion (24-hour increase of 1.06%), with a 24-hour trading volume of $7.567 billion (24-hour increase of 53.29%), and a circulating supply of about 19.78 million coins. The intraday high and low points were $95,500 and $94,800, respectively, with bulls making a move near $94,000, but failing to break through the resistance level of $96,500.

This month, Bitcoin has fallen over 10% from its high of $106,200 at the end of October, due to $2.8 billion in spot Bitcoin ETF sell-offs in the past month, compounded by cooling expectations for interest rate cuts by the Federal Reserve. Currently, the probability of a Federal Reserve rate cut in December is only 44.4%, and tightening liquidity is suppressing its performance. From a technical perspective, the 50-day moving average is declining, the 200-day moving average is stabilizing, and the RSI index at 45 is neutral to slightly bullish, with support at $92,000.

Market views are polarized, with Strategy Company increasing its Bitcoin holdings against the trend, and Tom Lee predicting that Bitcoin could rise to $150,000 - $200,000 by the end of the year. However, some analysts warn that if the price remains below $100,000, this could trigger sell-offs, potentially dropping to around $74,000. The current market is volatile, and it is advised that retail investors build positions in batches, with a stop-loss set at $92,000. The cryptocurrency market is highly volatile, and investment should be done cautiously.
$BTC