Bitcoin Updates: U.S. Market Pessimism Contrasts with Asian Confidence as Bitcoin Drops Near $85,000
- Bitcoin's price fell to $85,000 in Nov 2025, down 7% in 24 hours and 20% monthly, driven by dormant wallet sales and bearish derivatives bets. - Surging sell pressure from inactive wallets and rebalanced derivatives toward puts highlight deteriorating market structure and liquidity. - Fed rate-cut uncertainty and regional divergences—U.S. bearishness vs. Asian buying—exacerbate volatility amid $565M in liquidations. - Analysts split on recovery: some see consolidation near $85K-$100K, others warn of a po
In early November 2025, Bitcoin's value plunged to just above $85,000, reflecting a 7% drop within a single day and a 20% decrease over the last month,
The downward pressure has intensified due to a sudden surge of
Regional differences are further complicating the situation. While U.S. trading hours have seen consistent selling, Asian markets have acted as a stabilizing influence, buying on dips and helping prices recover. This split demonstrates differing risk preferences,
Market fear has reached extreme highs.
Technical experts are split on what comes next. Some, including Cas Abbé, see similarities to the bullish reversal pattern from the first quarter of 2025, suggesting that a consolidation phase between $85,000 and $100,000 could set the stage for another upward move
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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