Bitcoin is trading around $84,248, reflecting a sharp decline in late November 2025. The cryptocurrency has entered a challenging period as broader investor risk-aversion and macro uncertainty weigh on price.
Bitcoin Next Target
- Price: $84,248
- Market Cap: Approximately $1.80 trillion
- Circulating Supply: ~19.9 million BTC
- Max / Total Supply: 21 million BTC
After price made a new ATH of $126k, it crashed four days later (flash crash on Oct 10th). It broke below $107K key level and 200 SMA, which signaled a bearish trend reversal to Downtrend. Near-term, it’s extremely oversold, with RSI at 21, a level not seen since Aug 2023.
It also approaches $88,000 support, hence, we could see a bounce up in the near-term.
Long-term, we believe that the FED is likely to continue to cut interest rates in the next 3 months by 50 bps or more, which should be bullish for BTC and altcoins.
Key Indicators & Market Signals
- Bitcoin has broken below major support around $90,000, signaling a potential shift in market structure.
- Immediate resistance now lies near $90,000–$95,000, while support may test $80,000 or lower.
- Liquidations and forced selling appear to have accelerated, suggesting elevated downside risk.
- With multiple weeks of losses, sentiment has turned extremely cautious, increasing the potential for either a sharp bounce or deeper breakdown depending on catalyst flow.
Latest News Highlights
- Bitcoin has fallen to a seven-month low, dragging the broader crypto market lower and wiping out most 2025 gains.
- Numerous large leveraged positions were liquidated during the recent sell-off, highlighting the fragility of current market momentum.
- Analysts warn that a move below $80,000 could trigger further downside and stress crypto treasury positions widely held by companies.
Summary
Bitcoin trades near $84,248, with key resistance around $90,000–$95,000 and potential support near $80,000. A break above resistance could spark a short-term rebound, while failure to hold support may lead to deeper losses. With institutional holdings, macro factors, and market liquidity dynamics all under pressure, BTC remains in a sensitive market phase that warrants caution.
