November 2025: Bitcoin is having a worse month than Liz Lemon on a juice cleanse. 😱 The selling pressure has pushed BTC below $90,000, wiping out gains faster than a boss can say, “That’s a dealbreaker, bitcoins!”
Will the selling stop? Or will it keep going like a never-ending meeting with HR? 🤔 If it doesn’t ease up, here are some support levels to watch-because even Bitcoin needs a safety net.
Why Bitcoin’s Decline Might Be the New Normal (Ugh) 🌀
CryptoQuant data shows Binance Exchange Netflow had daily inflows of over 6,000 BTC in October-more than your boss’s inbox on a Monday. 📈 Most days saw positive netflows, meaning everyone’s rushing to sell like it’s a sample sale at Bloomingdale’s.
This panic has pushed Bitcoin reserves on exchanges higher in November, adding more selling pressure than a Black Friday crowd. 🛒 Specifically, Binance’s BTC reserves jumped from 540,000 to over 582,000-that’s a lot of crypto looking for a new home.
Add in selling pressure from BTC ETFs, and analysts are sweating more than Jenna Maroney after a spin class. 💦 One analyst, CoinDream, warned, “Selling pressure is increasing while demand is weaker than a decaf latte. 🚫☕ Caution is advised-further downside is as likely as a Kenneth story.”
“A true market bottom usually shows strong demand inflows, but right now, it’s quieter than a writers’ room after a bad pitch.” – CoinDream
3 Support Levels to Watch (Because Even Bitcoin Needs a Hug) 🤗
Joao Wedson, founder of Alphractal, highlighted two key support levels if BTC closes below $92,000. Think of these as Bitcoin’s emotional support animals:
- The Active Realized Price at $89,400-this level has been a rockstar in previous cycles, like Tracy Jordan in a karaoke bar. 🎤
- The True Market Mean Price at $82,400-where the price found equilibrium in July 2021, like finding the perfect balance between work and mimosas. 🥂
In a worst-case scenario (aka the “Oh no, we’re in a bear market” scenario), BTC could slide to $45,500. That’s based on the Cumulative Value Days Destroyed (CVDD) model, which sounds like something Jack Donaghy would invent. 📉
A drop like that would be more dramatic than a season finale of 30 Rock. But don’t panic yet-current analyses expect Bitcoin to find a bottom around $80,000. And if government liquidity keeps flowing, a bullish reversal could happen faster than Liz Lemon can eat a cheese pizza. 🍕
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2025-11-19 16:24