$BTC
Bitcoin (BTC) as of November 2025:
---
📉 Current situation
Bitcoin recently fell below $100,000, marking its weakest level since May.
On a regional trading session it dropped from about $103,177 to $102,203 with a volume spike ~138% above average—pointing to heavy selling pressure.
Longer-term holders (those holding for 155+ days) have sold ~815,000 BTC in the past 30 days—the highest since January 2024.
Sentiment is broadly cautious/“bearish” according to several prediction models.
---
🔍 Technical & structural observations
A key support zone around $101,500 – $102,200 is being stressed. If this breaks, a deeper slide could follow.
Bitcoin had been forming a symmetrical triangle pattern near $102K–$104K—the kind of consolidation that often precedes a breakout (either up or down).
Forecasts for late 2025 give a wide range: some see $120K–$130K if conditions improve, others see potential downside into $95K or lower if support fails.
---
✅ What to watch / key levels
Support: If BTC loses ~$101K support, next major stop could be in the ~$90K–$85K range. Some analysts warn of ~$74K–$60K if a large breakdown happens.
Resistance / breakout trigger: A clear breakout above ~$104K with strong volume could trigger a bullish move; failure to do so may reinforce the bearish bias.
Macro & sentiment context: Factor in U.S. dollar strength, interest-rate policy, institutional flows and holder behaviour. These broader factors are influencing Bitcoin’s path.
---
🧮 My current view
Given the evidence: Bitcoin is in a cautious / watch-and-wait mode. The recent breakdown under support and heavy volume suggest the risks of a further drop are significant. But a well-timed breakout above resistance could restore bullish momentum.
If I were to express it in a tagline:
> “Bitcoin is hovering at a cross-roads — if it holds ~$101K and breaks higher, a rally is possible; if it fails, the risk of deeper correction rises.”
