Nov 14, 2025
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Bitcoin Price Risk of Crash Below $90,000 Amid Descending Trend
Recent analysis indicates potential further declines in Bitcoin's price following its October 10 crash.
- Current market trends suggest a downtrend, with analysts predicting another possible crash.
- Bitcoin has maintained levels above $100,000 but lacks momentum to rise significantly, trading between $101,000 and $105,000.
- A descending pattern formed early October indicates bearish trends predating the October 10 crash.
- Massive sell-offs from long-term holders have intensified selling pressure, releasing over 390,000 BTC into the market.
- This distribution phase may raise Bitcoin's cost basis, encouraging longer holding by new investors.
- The descending trendline shows resistance at $106,500, which the price is currently testing.
- The Ichimoku cloud signals increased bearish pressure, risking further decline below the $100,000 mark.
- Potential support levels include $93,000 and $88,000 if the psychological barrier of $100,000 is breached.
