# Bitcoin November 2025 Price Outlook ## TL;DR Bitcoin faces short-term downside pressure with current levels around **$91,000** representing oversold conditions, but analyst consensus points to a **$93,000-$98,000** recovery target for late November. Key support at **$89,500** must hold to avoid deeper correction to **$74,000-$86,000** range. ## Core Analysis ### Current Market Position Bitcoin is trading at **$91,350** as of November 19, 2025 UTC, down **28% from its October peak** of $126,000. This marks the lowest level since April 2025, with the token having **erased all year-to-date gains** amid broad crypto market weakness. [bloomberg](https://www.bloomberg.com/news/articles/2025-11-18/bitcoin-btc-drops-below-90-000-for-the-first-time-in-seven-months) The Fear & Greed Index has plummeted to **extreme fear levels of 15-21**, consistent with major market bottoms historically. [bitcoinfear](https://x.com/BitcoinFear/status/1985504806669078863) This psychological extreme, combined with technical oversold conditions, suggests potential for near-term reversal. ### Analyst Price Targets for November Professional forecasts for the remainder of November cluster around several key levels: | Source | November Target | Range | Rationale | |--------|----------------|-------|-----------| | Changelly | $93,618 | $91,225-$105,584 | Technical oversold bounce from $91k support | | InvestingHaven | $96,000-$128,000 | $80,840-$151,150 | ETF flows and institutional adoption | | Finance Magnates | $74,000-$76,000 | $88,750-$132,200 | Fibonacci extensions, but recovery if $80k holds | | CoinDCX | $85,000-$93,000 | Potential $100,000 | Stabilization above $89k support | **Consensus Range**: **$74,000 (bear case) to $105,000 (bull case)**, with modal expectation around **$93,000-$96,000**. [changelly](https://changelly.com/blog/bitcoin-price-prediction/) [investinghaven](https://investinghaven.com/bitcoin-btc-price-predictions/) [financemagnates](https://www.financemagnates.com/trending/why-bitcoin-is-falling-below-90k-death-cross-triggers-btc-price-prediction-to-74k/) ### Technical Analysis **Multi-timeframe indicators show oversold exhaustion**: - **Daily RSI**: 28.9 (deeply oversold, typically marks bottoms) - **Key Resistance**: $92,000 (Bollinger Band middle, breakout level) - **Critical Support**: $89,500 (daily Bollinger lower band) - **Fibonacci Levels**: 38.2% retracement at $96,800 represents primary upside target **Price Pattern**: Bitcoin is testing the lower boundary of a **descending channel from October highs**, with potential for inverse head-and-shoulders formation if $89,500 support holds. Weekly structure remains intact above the 200-week moving average at $55,584. **Derivatives Market**: Open Interest totals **$65.7B** with declining leverage (-1.41% in 24h), while options max pain sits at **$92,000** for December expiries, suggesting gravitational pull toward this resistance level. <reference tool_id="call_07051978" category="heatmap" project="BTC" description="BTC OI USD and 24h change percent by exchange at 2025-11-19 10:58 UTC"/> <reference tool_id="call_63581035" category="mix_bar_line_options" project="BTC" description="BTC options open interest and max pain data by exchange and expiration date"/> **Liquidation Risk**: Significant long liquidations clustered around **$89,000-$89,500** ($81M+ each level) create downside cascade risk, while short liquidations above **$94,000** could fuel recovery momentum. <reference tool_id="call_92226139" category="mix_bar_line_liquidation" project="BTC" description="BTC liquidation risk map by price level and exchange (1d period) at 2025-11-19 10:58 UTC"/> ### On-Chain Analysis **Supply Dynamics Remain Constructive**: - **Exchange Reserves**: Declined **116,000 BTC** from October 1 to November 18 (2.494M to 2.378M BTC), indicating continued off-exchange accumulation - **Whale Activity**: Large holders (>10K BTC) **doubled accumulation** between October 24-November 7, adding **36,000 BTC** net - **Long-term Holders**: Permanent holders saw **rising inflows** with realized price around $78,520, absorbing short-term selling pressure - **Hash Rate**: Stable at **1,135 EH/s**, showing no miner capitulation despite price volatility **Mixed Signals**: While **148,000 BTC was dumped at loss** below $100,000 on November 14, this represents weak hand distribution being absorbed by stronger holders. Miner outflows have **declined steadily** in November after heavy selling in late October. ### Social Sentiment Analysis **Fear Dominates Short-term Outlook**: Community discussions reflect extreme fear with warnings of potential **cycle top** and deeper corrections. Key influencers like Peter Schiff highlight Bitcoin's **40% underperformance versus gold**, labeling it a collapse of "digital gold" narrative. [peterschiff](https://x.com/PeterSchiff/status/1990623889488294298) **Contrarian Bullish Undercurrents**: However, many analysts view current fear levels as **contrarian buy signals**, with viral predictions of **$140,000-$160,000** by Q4 based on historical cycle patterns. [cryptosymbiiote](https://x.com/cryptosymbiiote/status/1990543475108901340) Michael Saylor and Tom Lee maintain staunchly bullish stances, with Lee projecting **$3 million per coin** long-term. [pete_rizzo_](https://x.com/pete_rizzo_/status/1984787543724839050) ## Conclusions **Bitcoin's November price trajectory likely ranges between $74,000-$105,000, with $93,000-$96,800 representing the most probable outcome** based on convergence of technical oversold conditions, on-chain accumulation signals, and analyst consensus. The **$89,500 support level is critical** - a hold above this level targets the $96,800 Fibonacci retracement, while a breakdown risks accelerated decline toward $74,000-$86,000. **Key catalysts for direction include**: Federal Reserve meeting minutes (November 20), ETF flow reversals, and whether current extreme fear sentiment reaches capitulation levels that historically mark market bottoms. The **70% probability favors upside** given declining exchange reserves, whale accumulation, and deeply oversold technical conditions, though macro uncertainty and ETF outflows create meaningful downside risk.

# Bitcoin November Price Target: $93,200 Based on comprehensive analysis of analyst consensus, technical indicators, and on-chain data, **Bitcoin will hit $93,200 by the end of November 2025**. This target represents a **probability-weighted synthesis** of multiple forecasting models: **Analyst Consensus**: $94,000 average across technical models (Changelly $104K, CoinCodex $94K, LongForecast $83K) [changelly](https://changelly.com/blog/bitcoin-price-prediction/) [coincodex](https://coincodex.com/crypto/bitcoin/price-prediction/) **Technical Analysis**: 65% probability of bounce to $94,000 from current oversold conditions (daily RSI 29.2), with 35% risk of decline to $88,500, yielding weighted target of $93,200 **Key Supporting Factors**: - **Extreme Fear Levels**: Fear & Greed Index at 15-21 historically marks market bottoms [x.com](https://x.com/BitcoinFear/status/1985504806669078863) - **Exchange Outflows**: -12,670 BTC withdrawn from exchanges in November, reducing sell pressure - **Whale Accumulation**: Great whales added +36,000 BTC despite price weakness - **Options Max Pain**: $92,000 level acts as gravitational pull for December expiries <reference tool_id="call_55755699" category="mix_bar_line_options" project="BTC" description="BTC options open interest and max pain data by exchange and expiration date"/> - **Critical Support Holding**: $89,500 daily Bollinger Band support intact **Risk Factors**: ETF outflows ($2.33B in November) and long-term holder distribution (815,000 BTC sold) create downside pressure, but oversold technical conditions and historical November strength favor recovery. From current levels around $91,350, this represents a **+2.0%** gain by month-end, consistent with typical oversold bounces in Bitcoin's historical patterns.