The post BTC Price Retreats to $90,737 as Bearish Sentiment Grows Amid Year-End Positioning appeared on BitcoinEthereumNews.com.

Rongchai Wang
Nov 29, 2025 04:34

Bitcoin trading at $90,737.62 down 0.8% as probability of ending year below $90,000 rises to 50%, while Singapore Exchange adds institutional futures trading support.

Quick Take • BTC trading at $90,737.62 (down 0.8% in 24h) • Growing bearish sentiment as year-end $90,000 probability hits 50% • Price testing support near 7-day moving average at $89,420 • Traditional market deleveraging pressures affecting crypto space Market Events Driving Bitcoin Price Movement The most significant factor weighing on BTC price this week has been the shift in year-end expectations, with the probability of Bitcoin finishing 2025 below $90,000 rising to 50% according to Derive.xyz data. This bearish sentiment has materialized following Bitcoin’s 4.2% decline that brought the asset to $86,681 earlier this week, marking a seven-month low after the October peak of $126,223. Market-wide deleveraging has contributed to Bitcoin’s recent volatility, as explained by Binance CEO Richard Teng, who attributed the price pressure to broader risk aversion trends affecting multiple asset classes. This institutional deleveraging narrative has created additional selling pressure as traders reduce exposure heading into year-end. On the positive side, Singapore Exchange launched Bitcoin and Ether perpetual futures trading exclusively for accredited and institutional investors, providing 24/7 accessibility with high leverage options. While this development supports long-term institutional adoption, its immediate price impact has been overshadowed by the broader bearish sentiment. BTC Technical Analysis: Testing Critical Moving Average Support Price Action Context Bitcoin technical analysis reveals the asset is currently testing support at its 7-day moving average of $89,420, while trading below all major longer-term averages. The BTC price sits approximately 2% below the 20-day SMA at $92,702 and significantly below the 50-day ($102,440) and 200-day ($109,770) moving averages, indicating a clear downtrend structure. Trading volume of…

---

Filed under: News - @ November 29, 2025 7:20 am