Bitcoin Price Prediction: BTC Price Dips Below $90K Support but Analysts Highlight Possible Short-Term Rebound
The post Bitcoin Price Prediction: BTC Price Dips Below $90K Support but Analysts Highlight Possible Short-Term Rebound appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) has briefly slipped below $90,000, prompting traders and analysts to closely monitor whether the cryptocurrency will stabilize, rebound, or face further short-term losses. Observing this zone in real-time, market participants have noted increased order flow at the $90K support, consistent with prior episodes where liquidity accumulates around major technical levels. Bitcoin Price Dips Below Key Support Bitcoin has fallen below $90,000, retracing gains made earlier this year. Traders watch this level closely as it has historically acted as a floor during periods of heightened volatility. On-chain data and past trading activity show that when BTC tests this zone, market participants typically execute both defensive stops and opportunistic long entries, increasing short-term trading volume. Over the past year, Bitcoin’s death crosses have typically signaled local bottoms, though in 2022 one triggered a full bear market, and a new cross is now raising similar questions. Source: Ali Martinez via X Ali, a cryptocurrency market analyst who specializes in technical patterns during volatile conditions, noted, “Over the past year, every death cross has marked a local bottom for Bitcoin, but in 2022, it triggered a prolonged bear market. The current formation could signal either a local bottom or a continuation of the downtrend.” A death cross, defined as the 50-day moving average crossing below the 200-day moving average, is widely followed to identify momentum shifts. In practice, traders often treat this as a warning signal rather than a guarantee of price direction, adjusting positions incrementally. As of mid-November 2025, BTC trades around $89,900, down from its October peak near $115,000. Market observers have highlighted that the overshoot below $90K aligns with prior intraday swings, where temporary breaches often preceded corrective rallies. Technical Analysis and Short-Term Outlook: Technical indicators suggest Bitcoin may see a near-term rebound, though outcomes remain uncertain. Some analysts…
Filed under: News - @ November 19, 2025 2:25 am