Bitcoin price breaks below $90,000: Is the crisis not over yet?
Bitcoin (BTC) falls below $90,000 as selling pressure and ETF outflows increase. Current market analyzes and forecasts.

Bitcoin price breaks below $90,000: Is the crisis not over yet?
On November 18, 2025, Bitcoin (BTC) price fell below $90,000, marking a continuation of the correction after a sharp decline the previous week. This decline is accompanied by poor sentiment among institutional investors, signaling a bearish outlook. According to FXStreet, US-listed spot Bitcoin ETFs suffered outflows of $254.54 million on Monday, part of a worrying trend as overall outflows reaching a total of $1.11 billion since last week.
The on-chain indicators show increased selling pressure, which is reflected in increasing exchange inventories and growing deposit volumes. What is particularly striking is that the average BTC deposit volume exceeded 0.9 on Tuesday, indicating increasing selling pressure. Reserves on the Binance exchange have exceeded 580,000 BTC, also a sign of growing selling pressure. Another key indicator, net exchange flows, showed inflows of more than 5,000 BTC on Monday, highlighting strong selling momentum.
Technical analysis and support
Technically, Bitcoin price faced resistance at the 38.20% Fibonacci retracement level at $106,453 last week and fell by almost 10%. On Monday, BTC closed below the key support at $94,253 and continues its decline below the $90,000 level. If the correction continues, Bitcoin price could decline towards the next crucial support at $85,000.
The Relative Strength Index (RSI) on the daily chart is at 26, indicating strong bearish momentum and oversold conditions. For a possible recovery, the target could be the 61.8% Fibonacci retracement level at $94,253, but this depends on the existing selling conditions. All of these factors taken together paint the current market situation for Bitcoin in a challenging light as investors and analysts closely monitor developments.
The combination of selling pressure and technical analysis makes it difficult to predict a positive turn for Bitcoin. Many investors will now be wondering whether the market can stabilize or whether the downward trend will continue.