Bitcoin may fall to $74,000
The price of Bitcoin could fall to $74,000 as the market approaches a bearish phase — a period of prolonged decline.
Analysts note two key risk levels: $87,000 and $74,000. According to them, the price of BTC is already 12% lower relative to the 200-day moving average (a long-term trend indicator), and a "death cross" is forming on the chart — the intersection of the short and long averages, which usually indicates a continued decline.
However, CryptoQuant CEO Ki Young Ju believes that the bearish cycle is not yet confirmed as long as Bitcoin holds the $94,000 zone.
Possible reasons for the decline of the first cryptocurrency:
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Active sales of crypto by Americans.
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Profit-taking by long-term holders.
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Decreased liquidity due to the recent shutdown in the US.
Bitcoin is trading cheaper on the Coinbase exchange than in Asia and Europe, indicating pressure from American sellers.
Experts believe that the market may be close to forming a local "bottom," but the process will be protracted. An important signal for stabilization will be closing the week above $97,000–98,500. The correction also triggered the second-largest outflow of funds from spot Bitcoin ETFs in history — $870 million.
On Thursday, November 13, the first cryptocurrency fell below $99,000. At that time, the volume of daily liquidations reached $500 million, of which $411 million were longs. As of November 17, 2025, Bitcoin is trading at around $95,696.
