$BTC As of now, Bitcoin is trading around USD 91,500.
November has been rough: Bitcoin dropped by over 20 % — its sharpest monthly decline in more than three years.
The descent was driven by profit-taking, forced liquidations, and a broader risk-off sentiment hitting speculative assets globally.
Recent bounce: after sliding to a seven-month low near ~$85,000–88,000, BTC has rebounded modestly to around $91K — though volatility remains high.
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🔎 What’s Fueling Recent Moves & What to Watch
Macro & Market Sentiment: Worries about global economic slowdown and shifting interest-rate expectations have dampened appetite for risk assets — Bitcoin included.
Profit-Taking & Institutional Pressure: After a strong rally earlier this year (with BTC peaking near $126K), many investors locked in gains, contributing to large outflows.
Liquidity & ETF-Driven Flows: Fluctuating flows in exchange-traded crypto funds and uncertainty over macroeconomic policy have added to volatility.
Support Zones & Technical Signals: Some analysts see the current price levels as a “wash-out” of excessive leverage — meaning Bitcoin might be forming a base for future recovery, depending on macro-tailwinds.
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🧭 What Could Happen Next
If investor confidence returns — especially with potential central-bank rate cuts and macro stability — Bitcoin could aim to recover toward $95–100 K range in the medium term.
But if macro headwinds persist (tight monetary policy, global risk aversion), BTC might revisit support zones around $80–85 K.
