BTC price bull market lost? 5 things to know in Bitcoin this week

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Bitcoin (BTC) starts a caller week with the bull marketplace astatine involvement arsenic BTC terms predictions diverge wildly.

Bitcoin traders are stuck betwixt anticipation and capitulation arsenic BTC/USD returns to its yearly unfastened level.
Price eyes a cardinal “magnet” successful the signifier of an aged CME futures spread near implicit from April.
The nonaccomplishment of a cardinal inclination enactment ushers successful comparisons to humanities carnivore markets, with a enactment reclaim acold off.
Bitcoin is looking much similar a “leveraged tech stock” arsenic its golden correlation disappears.
Crypto sentiment sets associated 2025 lows, heavy wrong “extreme fear.”

BTC terms roundtrips 2025 gains

Bitcoin fell backmost to its yearly unfastened level into Sunday’s play close, dipping nether $93,000, per information from Cointelegraph Markets Pro and TradingView.

Reactions from traders were highly mixed, with plainly bearish prognoses mixing with hopes of a drawback marketplace rebound.

— Roman (@Roman_Trading) November 16, 2025

“Binance whales person placed large bargain orders betwixt $88,500-$92,000 level,” trader BitBull warned successful his latest speech order-book investigation connected X.

“I cognize a batch of radical are calling for a section bottom, but $BTC could expanse the $88K-$90K zone.”

Data from monitoring assets CoinGlass showed terms being held up by a enactment of bid liquidity overnight, with wide liquidity conditions preparing for the adjacent breakout attempt.

Commenting, crypto trader, expert and entrepreneur Michaël van de Poppe saw liquidity forming a cardinal constituent connected aboriginal terms action.

“Ideally, I privation to spot a accelerated determination backmost up connected $BTC is what I'd similar to see,” helium told X followers connected the day.

“We swept the debased implicit the weekend, which means that I'd privation to spot a higher debased being created here. If that happens, past there's trillions and trillions of abbreviated liquidity acceptable to beryllium taken out.”

Continuing the much hopeful tone, trader Crypto Tony expressed admiration astatine the rebound connected BTC/USD pursuing the section lows.

$BTC / $USD - Update

Very bully betterment past night. I was stopped retired of my abbreviated successful profit. Now one americium present looking for shorts up astatine cardinal levels. $106,000 - $108,000 look attrative pic.twitter.com/Tt13cyyPoT

— Crypto Tony (@CryptoTony__) November 17, 2025

“The adjacent cardinal level for Bitcoin to reclaim is $98,000 arsenic it'll summation the chances of a section bottom,” crypto capitalist and entrepreneur Ted Pillows added.

CME futures spread conscionable retired of reach

A large short-term BTC terms people for marketplace participants is present tantalizingly close.

The “gap” successful CME Group’s Bitcoin futures market, primitively generated successful April, lies conscionable beneath the existent section lows.

From astir $91,800 to $92,700, the spread has been on the radar ever since BTC/USD began retreating from existent all-time highs successful mid-October.

The play adjacent brought Bitcoin wrong spitting region of closing it, but astatine the clip of writing, it remains unfilled.

“There’s a wide CME spread sitting astatine $91.9K–$92.5K and you already cognize however this crippled works,” trader Hardy told X followers successful a station connected the topic.

“Whales privation their orders filled earlier the adjacent leg. Expect the dip, clasp the volatility and get acceptable for the bounce erstwhile that spread is taken. Textbook determination loading.”

Hardy referred to the market’s wont of “filling” futures gaps, which signifier implicit weekends and person historically acted arsenic short-term magnets for price. The April spread is thing of an anomaly, remaining untouched for implicit fractional a year.

“The 92k portion besides coincides with an unfilled CME gap, expanding the likelihood of a short-term method bounce if tested,” trading assets QCP Capital continued successful its latest “Asia Color” marketplace update connected the day.

“Yet, arsenic seen implicit the past fewer weeks, dense overhead proviso could bounds the spot of immoderate rebound.”

Major inclination enactment breakdown fuels bear-market woes

The CME gap, however, is acold from the lone cardinal level concerning traders this week.

In a uncommon divergence, BTC/USD has present fixed up its 50-week elemental moving mean (SMA) arsenic support.

The latest play candle adjacent near terms acold beneath the 50-week SMA, which presently sits astatine astir $102,850.

The improvement did not spell unnoticed, with X trading relationship The Swing Trader stressing the antithetic quality of the price’s attraction of what is usually a coagulated enactment line.

“And this is precise important due to the fact that Bitcoin has ne'er mislaid the 50-week MA and inactive been successful a bull cycle,” it said successful video analysis.

BTC terms has lone mislaid the 50-week inclination enactment 4 times successful its history, reinforcing the determination arsenic 1 typically associated with carnivore markets. No play candles person closed beneath it since March 2023.

“Every azygous cycle, the 50-week MA holds for 4 years and past we yet suffer it,” The Swing Trader continued, describing Bitcoin arsenic “technically breaking down.”

QCP added that the nonaccomplishment of the inclination enactment “reinforces a medium-term bearish bias,” but added that a bearish inclination reversal hinged connected adjacent little supports astatine $88,000 and $74,500.

“For now, crypto’s bull rhythm hangs successful the balance. A short-term bounce whitethorn come, but the way of slightest absorption remains lower,” it concluded.

Taking the exponential (EMA) equivalent of the 50-week SMA into account, the concern is arguably adjacent worse.

As noted by trader Jelle, the “cloud” formed by the 50-week SMA and EMA has not failed arsenic enactment since BTC/USD traded astatine $22,000.

“Trend officially lost,” helium summarized.

— Jelle (@CryptoJelleNL) November 17, 2025

Crypto diverges from risk-asset trend

On macro, commentary turned to crypto’s antithetic behaviour compared to the broader risk-asset environment.

Amid speech of Japan enacting elephantine economical stimulus arsenic portion of an wide worldwide liquidity boost, stocks futures were “completely unfazed” by the play crypto drop, trading assets The Kobeissi Letter noted.

“Even arsenic crypto has mislaid -$100 cardinal since Friday, US banal marketplace futures are GREEN. Meanwhile, golden conscionable opened supra $4,100/oz and yields are connected the rise,” it wrote successful an X post.

The latest enactment continues a presumption quo already successful spot — crypto, dissimilar stocks, failed to observe the reopening of the US authorities past week.

Kobeissi’s information showed the paradoxical interaction of what should beryllium bully quality connected crypto marketplace show passim October and November.

“The isolated quality of the -25% crypto downturn further supports our view: This is simply a leverage and liquidation-based crypto ‘bear market,’ it continued, describing Bitcoin arsenic trading similar a "leveraged tech stock.”

“A bottommost forms erstwhile marketplace operation is re-established.”

With the correlation betwixt Bitcoin and golden “essentially zero,” investigation of large-cap tech stocks alternatively holds the cardinal to knowing crypto volatility.

“Bitcoin’s correlation to US exertion stocks has seldom been higher: The 30-day correlation betwixt Bitcoin and the Nasdaq 100 Index deed ~0.80, the highest since 2022,” Kobeissi observed.

“This is besides the 2nd-highest speechmaking implicit the past 10 years. Correlation has remained affirmative implicit the past 5 years, but for little periods successful 2023.”

The week’s macroeconomic information releases, meanwhile, absorption connected employment information — readings conspicuously absent passim the US authorities shutdown.

In portion acknowledgment to this deficiency of data, CME Group’s FedWatch Tool shows that markets are present unconvinced that the Federal Reserve volition chopped involvement rates by 0.25% astatine its adjacent gathering connected Dec. 10.

Extreme fearfulness successful the driving seat

In a motion of conscionable however small the mean trader believes successful a crypto marketplace comeback, sentiment toward some Bitcoin and altcoins has collapsed.

The latest figures from the Crypto Fear & Greed Index confirms that the temper is present little than astatine immoderate constituent since precocious February.

Then, arsenic now, the Index acceptable a 2025 debased of conscionable 10/100 — deep wrong its “extreme fear” bracket. By contrast, conscionable six weeks ago, it measured 74/100, connected the cusp of “extreme greed.”

Commenting, trader Daan Crypto Trades likened the ambiance to the implosion of crypto speech FTX successful 2022, toward the extremity of the past crypto carnivore market.

“This metric is successful nary mode actionable. It tin beryllium astatine greed for months portion markets support rallying, conscionable arsenic it tin beryllium astatine the fearfulness levels for a prolonged play of time,” helium acknowledged connected X.

“But it is inactive absorbing to spot however rapidly things tin alteration astir from greed to fearfulness and the different mode around. Especially successful crypto, things tin crook truly accelerated arsenic we each know.”

Last week, Cointelegraph reported connected however assemblage sentiment tin supply insights into crypto marketplace reversals.

Now, probe level Santiment eyes a instrumentality to involvement successful Bitcoin arsenic a imaginable bull awesome successful the making.

“Though not a guaranteed crypto bottommost signal, probabilities of a marketplace reversal greatly increases erstwhile societal dominance for Bitcoin surges,” it wrote connected X Sunday alongside proprietary data.

“During Friday's dip beneath $95K, treatment rates deed a 4-month high, signaling terrible retail panic & FUD.”

This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.

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