Bitcoin (BTC) Price Prediction Today: Nov 14 ; Why Bitcoin Down Today

Bitcoin (BTC) is down 5.6% in 24 hours to $97,466, with its decline coming amid a broader market decline of 3.58%. This drawdown has extended the apex crypto’s 30-day loss to 13.4%. The primary factors contributing to the dip include fear-driven selling, macroeconomic uncertainty, and whale activity.

Bitcoin Price: Technical Indicators

BTC’s price broke below its 200-day Simple Moving Average ($108,365) and 78.6% Fibonacci retracement ($101,901). The RSI reading of 36 is closing in on “oversold” territory, while the negative MACD histogram (-362) confirms bearish momentum.

Technical traders interpret this as a loss of structural support. The next critical level for Bitcoin is the October low of $97,045, but a close below could target $92,000. Keep an eye on whether BTC can reclaim its intra-day high of $101,000 – this could signal market relief.

Taking these technical indicators into account, we have predicted the minimum, average, and maximum prices at which Bitcoin could change hands today and for the remainder of the year. Bear in mind that these rates are subject to market volatility and price performance.

Bitcoin Price Prediction (Nov 14, 2025)

Bitcoin Price Prediction (2025)

Why Is Bitcoin’s Price Down Today?

1. Fed President Dismisses December Rate Cuts

The biggest bearish impact on the overall market stemmed from Minneapolis Federal Reserve President Neel Kashkari stating that the central bank is undecided whether to cut its headline interest rate on the US dollar in December. The Fed’s hawkish stance has resulted in diminished market liquidity, impacting risk-on assets like crypto and equities.

Crypto’s correlation with the S&P 500 is now at 0.95. A high-interest-rate environment reduces liquidity for risk assets, with traders interpreting Kashkari’s statements as a signal that liquidity conditions may not ease soon. This was reflected in a 48.49% surge in trading volume, which suggested panic selling amid macroeconomic uncertainty. Outflows from the spot Bitcoin ETFs hit $278 million, while $183 million exited spot Ethereum ETFs on November 13.

2. $4 Billion BTC Options Expiry, Amplifying Downside Momentum

A massive liquidation wave hit the derivatives market. A total of $553 million in various short and long positions was liquidated, with BTC longs accounting for $273 million of the losses. This marked the single-largest daily liquidation event since August 2025.

Over-leveraged bullish positions, which were initiated after Bitcoin posted slight gains earlier this week, amplified downside momentum. The BTC perpetual funding rate plummeted 68.5% in 24 hours, signaling that traders were rapidly closing long bets. This resulted in Bitcoin’s spot price breaking below the $100,000 pivot point, triggering stop-loss orders in the process.

Bitcoin’s 24-hour heat map shows liquidation clusters below $99,000, suggesting that there is further downside risk if it fails to hold that level.

$4.04 billion in BTC options expired on November 14, with max pain at the $105,000 mark. Traders hedged downside risk as Bitcoin traded below this level, while perpetual funding rates turned negative at -0.0038%. Negative funding rates show traders are shorting Bitcoin, adding to the bearish sentiment. However, this set up a potential short squeeze if BTC rebounds above $100,000.

3. Bitcoin Miner Sell-Off Crosses 1,200 Per/Week

There has been a significant shift in the sentiment of Bitcoin miners. Bitfarms has announced that it plans to exit the mining business within the next two years, sparking concerns about miner capitulation.

The news highlights the profitability challenges faced by miners since Bitcoin underwent its quadrennial halving event in April 2024. While Bitfarm’s news was not a systemic risk, as its operations represent less than 1% of the total Bitcoin hashrate, it did contribute to the bearish narrative. 

On-chain data shows that miners have sold more than 1,200 BTC ($119 million) in the past week. However, there is a silver lining, as the hashrate remains near all-time highs at 72 exahashes per second (EH/s). This indicates broader miner resilience.

4. Long-Term Holders Sell Nearly $80 Billion Worth of BTC In a Month

Long-term holders (LTHs) sold approximately 815,000 BTC ($79 billion) over the last 30 days. According to CryptoQuant data, this was the largest divestment event since January 2024. 

This pattern mirrors LTH behavior seen near past cycle tops. LTHs typically sell to lock in their profits during market uncertainty. Their reduced holdings, down from 76% in October to 70% in November, increase market supply, piling pressure on the price. This week’s weak ETF inflows have failed to offset this selling.

Conclusion

Today’s Bitcoin price performance reflects a combination of several key events, from profit-taking by long-term holders, options-driven volatility, panic selling by traders who anticipate the Fed to keep its headline interest rates high for the remainder of 2025, and technical breakdowns below a crucial support zone.

The apex crypto’s decline was also compounded by broader crypto market weakness, with the total market cap falling 5.8% in 24 hours to $3.44 trillion. While there is slight optimism that a bounce back could be on the horizon, sustained gains require the market to absorb LTH-driven sell pressure by retail or institutional investors and reclaim the $101,000 level.

BTC must hold its psychological level between $95,000 and $97,000 ahead of the December Federal Open Market Committee (FOMC) meeting to target a new all-time high above $126,000.