Bitcoin News Today: Bitcoin's Death Cross and Whale Accumulation Signal Bull-Bear Battle

Bitcoin's price slid below $95,000 on Nov. 14, 2025, triggering a wave of bearish sentiment among analysts who are now declaring the start of a prolonged market downturn. The cryptocurrency's decline, which erased 25% of its value from its October peak of $126,200, has been accompanied by surges in stablecoin dominance, massive liquidations, and technical indicators historically linked to bear markets.

Tether (USDT), the largest dollar-pegged stablecoin, saw its market dominance climb to its highest level since April 2025 as investors flocked to safer assets amid the selloff. This trend mirrors past bear markets, where USDT's dominance typically rises as traders seek to preserve capital. The stablecoin's market cap stood at $184 billion at press time, underscoring its role as a refuge in turbulent conditions.

The price collapse triggered over $1.1 billion in liquidations within 24 hours, with $968 million from long positions. This figure has drawn comparisons to the 2022 FTX collapse, as sentiment plunged to levels not seen since that crisis. Bitcoin's Relative Strength Index (RSI) hit oversold territory, while its price dropped below its lower volatility band-a rare signal of severe market stress.

Technical analysts highlighted a "death cross" pattern, where Bitcoin's 50-day moving average crossed below its 200-day average, a bearish signal often preceding extended downturns. Unlike previous death crosses in 2023 and 2024, which occurred while Bitcoin traded above its 50-day exponential moving average (EMA), this crossover happened as the asset was 6% below the EMA, reinforcing bearish interpretations.

The selloff coincided with a sharp reversal in institutional flows. U.S. spot Bitcoin ETFs recorded $870 million in outflows, while exchange inflows surged as nearly 10,000 BTC (worth $1 billion) moved onto trading platforms. [Analysts noted that ETF outflows and whale selling-combined with retail panic-have created a toxic mix of downward pressure.

Despite the gloom, some on-chain data suggests a potential floor for Bitcoin. Whale addresses accumulated over 375,000 BTC in the past 30 days, with large holders buying roughly four times the weekly mining supply during dips. Institutional players, including BlackRock's $90 billion Bitcoin ETF, also began re-entering the market, signaling cautious optimism about long-term value.

Projections for the bear market's duration vary. XWIN Research posits that Bitcoin could remain in correction mode until mid-2026 if key support levels at $92,000–$94,000 break. Meanwhile, trader Cameron Fous mapped a potential decline to $57,000–$37,000 by late 2026 before a rebound. Others, including JPMorgan, remain bullish, forecasting a recovery to $170,000 by 2026 as macroeconomic conditions stabilize.

The market's next critical test will come in the coming weeks as Bitcoin battles its 50-week simple moving average. A sustained close below this level could confirm a bear market topping out, with a 60–70% probability of a cycle peak. For now, the crypto landscape remains in flux, with whales and institutions closely watched for signals of a potential turnaround.