Bitcoin News Today: BlackRock's ETFs Counteract Bitcoin's Selling Pressure Projected for November 2025

In November 2025, the direction of Bitcoin’s price remains a central concern for investors, as mixed signals from technical analysis, miner activity, and institutional capital flows create an uncertain outlook. Although the cryptocurrency has recently demonstrated short-term resilience—such as moving above important moving averages—overall market sentiment is still wary, influenced by ongoing bearish trends and the significant role of major institutional entities like

.

Bitcoin (BTC) has climbed above its 50-day simple moving average (SMA), a technical event often seen as a sign of bullish momentum returning. This was further supported by a “bullish crossover” between the 5-day and 10-day SMAs, along with a positive shift in the MACD histogram, all pointing to increasing upward strength, according to

. Still, the CoinDesk Trend Indicator (BTI) continues to reflect a downward trend, and the price remains below the Ichimoku cloud on daily charts—a major resistance zone that must be overcome for a sustained move toward $120,000.

Miner behavior presents a mixed picture. After the halving, selling pressure from miners has lessened as their reserves have stabilized, which has reduced forced selling and improved hashprice metrics, according to

. This period of stability has coincided with Bitcoin trading in the $110,000 to $118,000 range, with $120,000 acting as a significant resistance. Experts point out that better miner profitability—driven by higher transaction fees and increased Layer-2 usage—could further ease selling pressure and help fuel a breakout. However, if prices fall below $110,000, there is a risk of renewed miner capitulation, which could intensify downward movement.

Institutional involvement through Bitcoin ETFs has become a major influence. BlackRock’s iShares Bitcoin Trust (IBIT) led a $90.6 million inflow on October 24, the largest single-day ETF inflow since mid-September, ending a five-day streak of outflows, as reported by

. Total ETF inflows have now reached $61.98 billion, accounting for 6.78% of Bitcoin’s overall market cap. BlackRock’s impact is significant: its ETF alone offset $1.27 billion in net outflows from other Bitcoin funds in 2025, highlighting its dominant effect on price movements, according to . Without BlackRock’s involvement, the sector would have experienced negative net flows, raising doubts about whether altcoin ETFs can attract similar institutional interest.

The surge in liquidity from ETFs has also changed Bitcoin’s market structure. Spot ETF assets now total $149.96 billion, helping to stabilize volatility and narrow price gaps between U.S. and European exchanges—a trend previously noted by TradingNews. This wave of institutional adoption has strengthened Bitcoin’s reputation as “digital gold,” with its correlation to gold reaching 0.76, the highest since 2021. Analysts suggest that ETFs are helping to institutionalize Bitcoin, shifting its image from a speculative asset to a credible hedge against inflation.

Despite these positive developments, challenges remain. The proportion of Bitcoin supply in profit has climbed to 83.6%, a level that has historically preceded sharp corrections as overleveraged traders cash out, according to

. Furthermore, while expectations of a Federal Reserve rate cut and easing U.S.-China trade tensions have improved sentiment, broader macroeconomic risks—such as a potential U.S. government shutdown and ongoing regulatory uncertainty—continue to pose obstacles, as has reported.

Looking forward, a decisive move above $112,000 could open the way to $115,000, with further gains relying on continued ETF inflows and resolution of macroeconomic risks, according to

. On the other hand, if Bitcoin fails to stay above $109,800, it may revisit the $108,000 support level, as also noted by CoinDesk. The possibility of reaching $130,000—a previous 2025 target—now depends on whether institutional demand can outpace ongoing selling pressure and regulatory challenges.