Analysts Reveal Key Support Levels for Bitcoin if Selling Pressure Doesn’t Ease in November
Analysts identify key support levels for Bitcoin, including $89,400 and $82,400, amid ongoing selling pressure in November.Summary
Bitcoin is experiencing heavy selling pressure in November 2025, pushing its price below $90,000 and erasing yearly gains. On-chain data from CryptoQuant shows increasing inflows to exchanges like Binance, suggesting more selling intentions, as reserves on Binance rose to over 582,000 BTC. Analyst CoinDream warns that current demand indicators do not signal a market bottom, advising caution as further downside is likely. In response to potential continued decline below $92,000, Alphractal founder Joao Wedson highlighted two critical support levels: the Active Realized Price at $89,400 and the True Market Mean Price at $82,400. In a worst-case scenario, the Cumulative Value Days Destroyed (CVDD) model suggests a potential slide toward $45,500, though current analyses generally expect a bottom around $80,000.
(Source：BeInCrypto)