Bitcoin News Today: Bitcoin's Descent Into Fear: History's Rebound Signal

Bitcoin's November 2025 performance has seen a stark divergence from its historical norms, with the cryptocurrency's return rate plunging to -21.28%, far below the 42.49% average. The price of Bitcoin (BTC) has dropped below $87,000, hitting a seven-month low of $86,300 on November 20, 2025, before rebounding to $87,300. The broader crypto market mirrored this decline, with over $914 million in leveraged positions liquidated, including $703 million in long positions, intensifying bearish sentiment.

The selloff has pushed Bitcoin below its 2025 realized price of $103,227, meaning the average 2025 buyer is now at a 13% loss. This correction, while matching April 2025's drop in percentage terms, has been half as long, lasting 43 days compared to the 80-day April downturn. Technical analysts highlight that Bitcoin is retesting a critical liquidity level within a symmetrical rising channel formed since early 2023. A break below $90,000 could trigger further downward pressure, but some see support near $80,000 as a potential catalyst for a rebound.

Market sentiment remains deeply bearish, underscored by CoinMarketCap's Fear and Greed Index hitting a yearly low of 15/100. Historical patterns suggest such extreme fear often precedes bullish rebounds, as seen in 2019 after a U.S. government shutdown. Santiment's data also reveals a growing inverse correlation between retail traders' pessimism and market direction, with retail predictions of a drop below $70,000 likely to be proven wrong.

The CoinDesk Bitcoin Price Index (XBX) has fallen 2.09% to $84,535.40, marking a 10.32% weekly decline and a 22.99% monthly drop. This performance mirrors broader macroeconomic pressures, including uncertainty around U.S. interest rate cuts and reduced liquidity in crypto markets. Meanwhile, Bitcoin's dominance in the crypto market has stabilized at 59%, according to VanEck's ChainCheck report, though its futures basis has contracted to 5% annualized, reflecting near-term bearish expectations.

Amid the turmoil, MicroStrategy (MSTR) reported a 14% decline in its share price in Q3 2025, driven by a sharp drop in its market cap premium over its Bitcoin holdings. The company reiterated its bullish stance, forecasting a 30% Bitcoin yield for 2025 based on a $150,000 BTC price target. Separately, Metaplanet announced plans to inject $5 billion into its U.S. unit to accelerate Bitcoin purchasing, signaling continued institutional demand.

New projects are also emerging in the crypto space. Bitcoin Munari, a fixed-supply token, launched its presale at $0.10, aiming to leverage Bitcoin's capped supply model with EVM-compatible smart contracts. The project's phased deployment on Solana and eventual migration to a Layer-1 chain has drawn attention amid market volatility.

The correction has reignited debates about Bitcoin's long-term resilience. While short-term risks persist, historical precedents and technical indicators suggest a potential rebound. As one analyst noted, "The last time the Fear and Greed Index hit these levels, a multi-month rally followed. This could be another opportunity for buyers to enter at a discount." According to analysis.