BTCC / BTCC Square / N4k4m0t0 /
Bitcoin Price Prediction 2025: Can BTC Sustain Above $100,000 After Recent Market Correction?

Bitcoin Price Prediction 2025: Can BTC Sustain Above $100,000 After Recent Market Correction?

Author:
N4k4m0t0
Published:
2025-11-06 00:19:02
22
3


Bitcoin's wild ride continues as the cryptocurrency struggles to maintain its footing above the psychological $100,000 level. After briefly dipping below this crucial threshold, BTC has recovered to $103,936.76 but faces stiff resistance at the 20-day moving average of $109,178.20. The market remains in "extreme fear" territory despite growing institutional interest, with technical indicators painting a mixed picture. This article dives deep into the current state of Bitcoin, analyzing key technical levels, market sentiment, and institutional developments that could determine whether BTC can hold its ground or face further downside.

Where Does Bitcoin Stand Technically?

As of November 2025, bitcoin presents a complex technical picture. The price currently sits at $103,936.76, caught between the lower Bollinger Band support at $102,984.18 and the 20-day moving average resistance at $109,178.20. The MACD reading of -909.82 confirms bearish momentum remains in play, though the proximity to the lower Bollinger Band suggests potential for a bounce.

BTCUSDT Technical Chart

Source: BTCC TradingView

According to TradingView data, Bitcoin's Relative Strength Index (RSI) has dropped below 50, historically a warning sign that has preceded significant corrections. The last three similar instances saw BTC lose over 40% of its value. However, the building short liquidity up to $113,000 could potentially fuel a relief rally if triggered.

What's Driving Market Sentiment?

The crypto fear and greed index has plunged into "extreme fear" territory, reading below 25. This psychological indicator synthesizes multiple factors including trading volume, volatility, social media sentiment, and market dominance. While such readings often signal potential bottoms, the current environment feels particularly fragile.

Galaxy Digital's recent downward revision of their 2025 bitcoin price target from $185,000 to $120,000 has added to the bearish narrative. Their head of research, Alex Thorn, describes this as Bitcoin's "maturity era," marked by slower but potentially more sustainable growth patterns compared to previous cycles.

Institutional Moves: Contradictory Signals

The institutional landscape presents mixed messages. On one hand, we're seeing notable whale exits - over 400,000 BTC has moved off exchanges in recent weeks according to CoinMarketCap data. On the other, retail investors appear to be accumulating at these levels, potentially restructuring Bitcoin's ownership base.

Canaan Inc.'s $72 million funding round led by institutional heavyweights BH Digital, Galaxy Digital, and Weiss Asset Management signals continued confidence in Bitcoin's infrastructure. Their CEO Nangeng Zhang emphasized this as "a commitment to the Bitcoin ecosystem through market cycles," particularly notable as the investment came through straightforward equity rather than complex instruments.

How Does Bitcoin Compare to Traditional Assets?

The "Magnificent 7" tech stocks have outperformed crypto year-to-date with 42% gains versus Bitcoin's 50.2% and the broader crypto market's 16%. This divergence raises questions about crypto's evolving role in portfolios - is it still the "digital gold" hedge many positioned it as, or becoming just another risk asset?

Interestingly, Bitcoin has maintained its lead over traditional indices like the NASDAQ (+27.2%) and S&P 500 (+18.8%), but the narrowing gap suggests changing investor perceptions about relative risk and liquidity preferences.

Regulatory and Educational Developments

In Poland, lawmakers are set to receive copies of "The Bitcoin Standard" as part of a grassroots education initiative funded through Bitcoin crowdfunding platform Geyser. The campaign aims to distribute 560 copies to Poland's legislature, accompanied by an open letter inviting dialogue on Bitcoin's economic implications.

This comes at a time when regulatory clarity remains a challenge globally, highlighting the importance of educated policymakers in shaping balanced frameworks for cryptocurrency adoption and integration.

Key Technical Levels to Watch

Level Price Significance
Current Price $103,936.76 Psychological support above $100K
20-day MA $109,178.20 Immediate resistance
Lower Bollinger Band $102,984.18 Potential support
Next Major Support $72,000 Critical level if breakdown continues

Frequently Asked Questions

Is Bitcoin currently in a bull or bear market?

The situation is mixed. While Bitcoin has broken below its 365-day moving average - historically a bear market signal - it remains above the psychologically important $100,000 level. The BTCC research team suggests we may be in a transitional phase rather than a clear bull or bear market.

Why did Galaxy Digital lower their Bitcoin price target?

Galaxy Digital adjusted their 2025 forecast from $185,000 to $120,000 citing several factors: significant whale sell-offs (over 400,000 BTC), tightening market liquidity, and Leveraged liquidations. They view this as part of Bitcoin's maturation rather than a fundamental weakness.

How significant is the RSI dropping below 50?

Historically, Bitcoin's RSI dropping below 50 has often preceded substantial corrections. The last three similar instances saw price drops exceeding 40%. However, technical indicators should always be considered alongside other factors like fundamentals and market structure.

Are institutions still interested in Bitcoin?

Yes, but the nature of interest appears to be changing. While some whales are exiting, we're seeing continued institutional investment in Bitcoin infrastructure (like Canaan's $72M raise) and growing educational efforts among policymakers. The market may be transitioning from speculative to more strategic investment approaches.

What's the significance of the $100,000 level?

$100,000 represents both a psychological milestone and a key technical level. Maintaining above it preserves Bitcoin's structural bull market narrative according to many analysts. The recent dip below and recovery suggests intense battle between bulls and bears at this threshold.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.