Nov 18, 2025
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Bitcoin Price Drops 26%, New Sell Signal Suggests Further Decline
The Bitcoin price has dropped 26% from its all-time highs, sparking concerns of a new bear market.
- A sell signal from a key indicator suggests potential further declines, similar to past downturns where Bitcoin's value fell by 67%.
- Market expert Ali Martinez notes the last SuperTrend sell signal in 2022 led Bitcoin from $69,000 to $17,000.
- Bitcoin currently trades above $94,500. If historical patterns repeat, it may fall to approximately $31,185.
Market Predictions and Technical Signals
- Analyst Mr. Wall Street predicts a downward trend with targets between $54,000 and $60,000 by Q4 2026.
- A death cross has emerged, with the 50-day moving average crossing below the 200-day moving average, typically leading to rallies but now occurring under different conditions.
- Current bearish sentiment is fueled by negative trends in ETF sales and whale net volume.
The average entry price for Bitcoin buyers over the past six months is around $94,600. Falling below this level could increase selling pressure.
Analysts warn that the combination of ETF and whale selling, along with sellers at breakeven levels, presents a risky scenario for Bitcoin's price stability.
