$BTC ๐ BTC Analysis (With Charts)
1. Price Drop & Rebound
Bitcoin recently dropped below USD 90,000, touching around $89,500, before bouncing back to the low-$90K zone.
The drop reflects weakening risk appetite in broader markets.
2. Technical Warning: โDeath Crossโ
Analysts are pointing to a possible death cross, where the 50-day moving average crosses below the 200-day MA โ a bearish signal.
With liquidity thin, even moderate selling is having an outsized effect.
3. ETF Pressure & Whale Behavior
Outflows from Bitcoin spot ETFs are increasing, removing a key source of steady demand.
At the same time, large Bitcoin holders (whales) are increasing their accumulation, which suggests they may see this dip as a buying opportunity.
4. Support & Risk Zones
Near-term support looks to be at $89,500โ90,000.
If this zone breaks, further downside could emerge, with some analysts eyeing $85,000โ$80,000 as potential lower support.
On the upside, reclaiming $93,000โ95,000 is important for any stabilization.
5. Seasonality Factor
Historically, November has been a strong month for Bitcoin, but the โaverageโ performance can be misleading โ the median November return is much lower than the often-cited +42%.
This means traders should be cautious about assuming a strong rebound purely based on seasonal trends.$ETH
ETH
3,088.17
+0.25%
92,128.26
+0.1%
#BTC90kBreakingPoint #BTC90kBreakingPoint #USStocksForecast2026
