Bitcoin News Today: Bitcoin Faces Bearish Turning Point with Death Cross and $75K Teal Band Indicator

Bitcoin has dropped below the $90,000 mark, reigniting bearish outlooks for its short-term direction, with several experts suggesting it could fall to $75,000 or even lower. After reaching a record high of $126,198 in October, the cryptocurrency has now declined by 28%, trading at $90,883 as of November 18, 2025

. This downturn is being blamed on a mix of factors, such as doubts about potential U.S. interest rate reductions, weakness in the broader stock market, and profit-taking by major investors. , including the appearance of a "death cross," where the 50-day simple moving average falls below the 200-day average—a pattern often linked to market downturns.

Some market watchers believe this drop is just a short-term bout of volatility, while others warn that the downward trend could continue.

, commented that the current situation shows "short-term turbulence across markets," but pointed out that similar scenarios in the past have often led to rebounds. On the other hand, Ryan Lee from Bitget highlighted the death cross as a "bearish technical indicator" that has produced mixed results historically, cautioning that more significant declines are possible if the bearish phase persists . Blockchain data adds further complexity: over the last month, indicating confidence in a rebound, indicators like the teal band (a measure of volatility) now correspond with the $75,700 level, suggesting a possible short-term downside target .

about a possible extended slump. Tightening liquidity in subprime auto loans, regional banks, and private credit markets has created a riskier environment, making Bitcoin’s price more closely tied to traditional financial assets . Bitcoin’s recent fall below $100,000 happened alongside a simultaneous drop in technology and AI-related stocks, highlighting its sensitivity to global liquidity shifts . Additionally, the Federal Reserve’s probability of cutting rates has dropped from 95% to 46%, further reducing investors’ willingness to take risks .

Despite the prevailing negative sentiment, some experts remain optimistic.

forecasted a 40% rally by the end of the year, citing both on-chain accumulation and historical trends, while described the current downturn as an "excellent entry point" for long-term investors. Still, the market is fragile: over $4 billion in leveraged positions were wiped out in the past week, and since the FTX collapse in 2022.

. Should remain above the $85,000–$90,000 range, analysts believe a slow recovery toward $110,000 could be possible by early 2026 . However, if it drops below $85,000, the correction could deepen to the $75,000–$80,000 zone, extending the consolidation period . With the Federal Reserve’s December meeting and key inflation numbers approaching, investors remain cautious—underscoring that as by factors unique to the cryptocurrency market .