Bitcoin Updates Today: Bitcoin Stuck in Consolidation: Crucial Support Levels Will Decide Bullish or Bearish Outcome
- Bitcoin's recent price action sparks debate on its near-term trajectory, with analysts highlighting a critical $74,000 bear-market floor and consolidation risks. - Historical bull cycles suggest potential 25-40% mid-cycle dips, with key support zones at $92,000–$95,000 and $75,000–$82,000 identified by technical analysts. - Glassnode notes "consolidation limbo" as buyers accumulate dips but face dense supply walls above $106,000, requiring renewed inflows to sustain bullish momentum. - Market fragility p
Bitcoin’s latest price fluctuations have sparked renewed discussions about its short-term direction, as experts highlight possible downward risks during a period of broader bull-market consolidation. A bear-market base at $74,000 has
The digital asset’s present hurdles are tied to its inability to maintain levels above important psychological supports. Historically, falling below $90,000—which matches the 6–12 month investor cost basis—has led to longer correction periods. Previous bull runs have featured mid-cycle drops of 25% to 40%, implying Bitcoin might
Chart analysts have pinpointed three major support areas. The closest, between $92,000 and $95,000, corresponds with recent ETF inflows and may serve as the first line of defense. A more pronounced drop could see prices fall to $85,000–$90,000, which would be consistent with a standard mid-cycle correction. In a more severe downturn, Bitcoin could revisit $75,000–$82,000 if economic conditions deteriorate or ETF withdrawals intensify,
Glassnode’s research points to Bitcoin being in a “consolidation limbo,” with buyers gradually accumulating during price dips but encountering heavy resistance between $106,000 and $118,000—a range where many investors sell to break even
Regaining the 365-day moving average will be crucial for the market. A quick recovery could ease downward pressure and make a drop below $90,000 less likely. However, if weakness persists, the odds of testing mid-cycle support levels increase.
As of November 2025, Bitcoin’s total market value is $3.57 trillion,
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.
You may also like
WCT experiences a 38% increase fueled by rising demand for data centers powered by AI technology
- WCT , a machinery sector stock, surged 38% in 24 hours, driven by AI-boosted data-center demand and improved pricing dynamics. - Jefferies highlighted WCT as a top machinery stock, citing its exposure to cloud computing growth and 2026 data-center construction projections. - The rally reflects shifting investor sentiment toward AI-linked infrastructure, with WCT benefiting from sector margin recovery and macroeconomic tailwinds. - Pre-earnings buying and strong positioning suggest confidence, though anal
Zcash News Update: ZEC Price Swings Cause Crypto Whale to Lose $1.17 Million on 10x Short
- A crypto whale's 10x short position on Zcash (ZEC) incurred $1.17M losses as prices fell below $360, triggering partial liquidations. - ZEC's volatility highlights risks in leveraged trading, with lower-cap assets facing manipulation and liquidity crises at platforms like Hyperliquid. - Whale activity intensified as Ethereum whales repositioned $1.39B and $5M in tokens amid regulatory uncertainties and market turbulence. - Leveraged ZEC positions show extreme duality: one whale's $8.28M unrealized gain c
The Emergence of ICP Caffeine AI in Web3 Advancement: Investing Strategically in Blockchain Protocols Powered by AI
- ICP Caffeine AI, developed by Dfinity, democratizes dApp creation via AI-blockchain integration, lowering technical barriers for developers. - The platform drove a 56% ICP token surge in one day and 385% growth over a month, with $237B TVL by Q3 2025 despite 22.4% dApp usage decline. - Strategic Microsoft Azure partnerships expand hybrid cloud utility, but regulatory risks and competition from centralized AI providers persist. - Its deflationary token model relies on sustained app adoption, contrasting w
ICP Soars by 30%: Could This Signal the Beginning of a Major Bull Market?
- ICP's 30% price surge sparks debate between bullish optimism and warnings of short-term volatility driven by macroeconomic factors and speculative trading. - Improved market sentiment from Fed policy expectations contrasts with hawkish comments causing 11% corrections, highlighting fragile macroeconomic foundations. - Technical upgrades like Caffeine and institutional partnerships coexist with declining DApp activity (-22.4%) and unverified adoption metrics, revealing innovation-adoption gaps. - Speculat
Trending news
MoreCrypto prices
More
