The post Bitcoin: Is a drop below $90K bound to happen in November? appeared on BitcoinEthereumNews.com.

Key Takeaways Why is Bitcoin’s current pullback hitting harder? STHs bought aggressively near the top, pushing Bitcoin supply in profit down to 68%. Combined with thin bids, even a 23% correction is straining the market. Could BTC fall below $90k soon? With extreme fear, rising leverage, and more STHs underwater, the pressure isn’t being absorbed, making a break below $90k highly likely. HODLing support has long been a key driver of investor FOMO.  However, Bitcoin [BTC] is starting to lose footing. Last week, it dumped 10.6%, slicing through not one, but three major support zones. Most notably, it retested the $92k floor for the first time since early Q2. The fallout? Nearly $2 billion in liquidations hit the market during the same period. Hence, the question is: Is this just another “deleveraging” flush, or are we seeing the setup for a potential push below $90k? Sentiment divergence signal more than routine weakness Bitcoin is slipping further into bearish territory. Sentiment wise, “extreme” fear continues to grip investors, a hallmark of short-term capitulation phases. Flows are reinforcing the setup. November is shaping up to post record-breaking ETF outflows. So far, $2.3 billion has already exited mid-month, marking the second-largest outflow on record. If selling pressure persists, November could easily claim the top spot, adding fuel to the bearish narrative. Source: CoinGlass Against this setup, liquidations are piling on, further weighing on Bitcoin. CoinGlass data shows that over the past 16 days, there have been three days with liquidations exceeding $1 billion, and high-cap assets alone have seen daily liquidations surpass $500 million, intensifying Bitcoin’s dips. And yet, BTC’s leverage ratio is spiking, making this weakness look like a “routine” flush of weak hands. However, sentiment shows a key divergence this cycle, indicating that BTC’s pullback isn’t just typical deleveraging. Bitcoin correction…

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Filed under: News - @ November 17, 2025 10:25 pm