Bitcoin News Today: Bitcoin's Death Cross and $75K Teal Band Signal Bearish Crossroads

Bitcoin's price has plunged below $90,000, sparking renewed bearish speculation about its near-term trajectory, with some analysts warning of a potential slide to $75,000 or lower. The cryptocurrency, which had surged to an all-time high of $126,198 in October, has now fallen 28% from that peak, trading at $90,883 as of November 18, 2025 according to market analysis. The decline has been attributed to a confluence of factors, including uncertainty over U.S. interest rate cuts, broader equity market weakness, and profit-taking by large holders. The selloff has also triggered technical indicators of concern, such as the "death cross," where the 50-day simple moving average (SMA) dipped below the 200-day SMA-a pattern historically associated with market corrections.

While some analysts view the pullback as a temporary volatility spike, others caution that the bearish momentum could persist. Ashish Singhal, co-founder of CoinSwitch, noted that the current environment reflects "short-term volatility across markets" but highlighted that similar patterns in the past have preceded recoveries. Conversely, Ryan Lee of Bitget emphasized the death cross as a "bearish technical signal" with historically mixed outcomes, warning that deeper corrections are possible during extended bear phases according to technical analysis. On-chain data further complicates the outlook: while Bitcoin whales have been accumulating coins, over the past month, suggesting conviction in a recovery, metrics like the teal band (a volatility indicator) now align with the $75,700 level, signaling a potential near-term downside target according to market data.

The broader macroeconomic landscape has amplified fears of a prolonged downturn. A liquidity squeeze across subprime auto lending, regional banking, and private credit markets has created a systemic risk environment where Bitcoin's price movements are increasingly intertwined with traditional asset classes according to market analysis. Bitcoin's recent breakdown below $100,000 coincided with a synchronized decline in tech stocks and AI-driven equities, underscoring its role as a barometer for global liquidity conditions according to market analysis. Additionally, the Federal Reserve's shifting rate-cut expectations-from 95% to 46%-have further dampened risk appetite according to economic data.

Despite the bearish sentiment, not all observers are pessimistic. Tom Lee of BitMine predicted a 40% rebound by year-end, citing on-chain accumulation and historical patterns, while Matt Hougan of Bitwise Asset Management framed the selloff as a "great buying opportunity" for long-term investors. However, the market remains fragile: over $4 billion in leveraged positions were liquidated in the past week, and Bitcoin's Relative Strength Index (RSI) has hit its lowest level since the 2022 FTX collapse.

The path forward hinges on macroeconomic clarity. If Bitcoin holds above $85,000–$90,000, analysts suggest a gradual recovery toward $110,000 could materialize by early 2026 according to market analysis. A breakdown below $85,000, however, could extend the correction to the $75,000–$80,000 range, prolonging the consolidation phase according to technical analysis. With the Fed's December policy meeting and key inflation data looming, markets remain on edge-a reminder that Bitcoin's volatility is as much about macroeconomic forces as it is about crypto-specific fundamentals according to market analysis.