Bitcoin News Today: Bitcoin Faces $90k Challenge as ETF Investments Meet $3.5B in November Withdrawals
Bitcoin’s latest price movements have ignited heated discussions among market participants, as the cryptocurrency trades around $86,600 in late November 2025—roughly 30% below its October high of $126,200. The market is currently consolidating, with conflicting signals coming from institutional investment trends and ongoing macroeconomic ambiguity. Although spot
The present price pattern is reminiscent of the typical 4-year correction phase that follows Bitcoin’s peaks, a trend seen in previous bull markets. Technical indicators point to a potential surge in buying if prices climb above $88,000, which would challenge the $90,000 resistance—a key psychological and technical threshold that has repeatedly blocked upward momentum. However, a sustained rally will depend on continued ETF inflows. On the other hand,
Institutional investment flows have proven to be a double-edged sword. While the $238 million that entered spot Bitcoin ETFs has provided some short-term support, the larger trend of withdrawals—especially BlackRock’s
The bearish perspective has gained momentum among skeptics like economist Peter Schiff, who has repeated his view that Bitcoin is impractical as a means of payment and fundamentally inferior to assets like stablecoins or tokenized gold. “People are rushing to exit Bitcoin,” Schiff stated on social media,
Looking forward, Bitcoin’s near-term prospects depend on whether it can maintain support between $80,000 and $85,000. Successfully holding this range could set the stage for a slow recovery, but continued weakness below it would likely deepen the correction. Experts remain split: some interpret the current consolidation as a normal phase in the 4-year cycle, while others warn of a lengthier bear market if economic conditions worsen. For now, the market remains in suspense, with ETF activity, macroeconomic indicators, and institutional attitudes poised to drive the next major move.
