Key takeaways
- Bitcoin will likely continue its bearish trend today, potentially reaching around $103,000.
- The weekly price prediction suggests the continuation of the downtrend, with a plunge to $98,925.
- The current bearish scenario is caused by the profit-taking momentum following the Uptober ATH.
- Bitcoin exhibits a strong bullish trend for November, December, and in the long run, despite the current volatility.
Bitcoin continues its downtrend today, with no signs of a rebound in the short term. While the technicals continue to exhibit bearish signals and extreme fear, various market observers are optimistic about a resurgence after the profit-taking momentum.
Let’s get into Bitcoin price prediction for today by analyzing its market sentiment, technicals, institutional engagement, and the influence of the macroeconomic conditions. Additionally, we will check the long-term prediction till 2030.
Bitcoin’s Technical Analysis Today Indicates a Bearish Trend
- Fear & Greed Index: 29 (Fear)
- Market Sentiment: Bullish
- Supply Inflation: 0.87% (Low)
- Dominance: 58.82%
- Volatility: 4.56% (Medium)
- RSI(14) – 44.58 (Sell)
- Awesome Oscillator(5,34) – -1051.37 (Neutra)l
- Stochastic RSI(14) – 88.64 (Overbought)
- MACD(12,26) – -554.51 (Sell)
- Ichimoku(52) – 107231.15 (Neutral)
Bitcoin exhibits a ‘strong sell’ momentum for today in its technical summary, primarily due to the ongoing profit-taking momentum and the external factors such as the macro liquidity drain caused by the $163 billion auction by the U.S. Treasury. The Fibonacci resistance levels for today are 109054.02, 108184, and 107646.22. The support levels are 106238.42, 104906.18, and 103368.4.
Bitcoin Price Prediction: Today, Tomorrow, & This Week
The price prediction for today suggests that Bitcoin will likely exhibit a downtrend, potentially falling to $103,368. Tomorrow, the downtrend will probably continue to $102,759. According to the weekly prediction, it will plunge to $98,925 by next Tuesday.
| Date | Day of week | Daily Low | Daily High | Average |
| 05/11 | Wednesday | $102,066.3 | $104,053.43 | $102,759.87 |
| 06/11 | Thursday | $100,570.64 | $102,001.7 | $101,286.17 |
| 07/11 | Friday | $101,599.7 | $102,541.58 | $102,070.64 |
| 08/11 | Saturday | $101,916.07 | $102,719.23 | $102,317.65 |
| 09/11 | Sunday | $101,992.6 | $103,404.75 | $102,698.68 |
| 10/11 | Monday | $97,827.82 | $102,904.74 | $100,366.28 |
| 11/11 | Tuesday | $98,404.56 | $99,445.84 | $98,925.2 |
Bitcoin (BTC) Market Outlook: Institutions & Macro Trends
Bitcoin investors are in a profit-taking frenzy after the Uptober surge, and institutional inflows have been reduced in the past week. The Federal Reserve’s cautious and uncertain stance on future rate cuts also impacted the sell-offs. Additionally, the U.S. Treasury’s $163 billion auction in 3/6-month bonds tightened the dollar liquidity, pressuring Bitcoin and altcoins. Multiple analysts opine that it will create a short-term bearish impact in the cryptocurrency market.
Since November is consistently ranked as one of Bitcoin’s best-performing months, investors expect Bitcoin to rebound soon. If BTC exhibits sustained ETF inflows, strong participation from traditional investors, and if more governments initiate the strategic Bitcoin reserve plans, we will soon witness the asset surging to new heights.
Bitcoin (BTC) Price Prediction: November & December 2025
November and December are usually the strongest bullish months for Bitcoin, and market analysts anticipate the same this year. According to the price prediction based on technicals, fundamentals, historical data, and the market sentiment, Bitcoin will likely travel to a maximum value of $124,842 by the end of November and $143,700 by December 2025.
| Month | Min. Price | Avg. Price | Max. Price | Change |
| Nov 2025 | $ 107,322 | $ 115,516 | $ 124,842 | 19.30% |
| Dec 2025 | $ 111,570 | $ 127,935 | $ 143,700 | 37.32% |
Bitcoin (BTC) Long-Term Price Prediction: 2025 to 2030
The long-term price forecast suggests Bitcoin reaching $470,000 by 2030. It will likely exhibit strong bullish momentum soon after the 2028 halving, with the price reaching $290,000 in 2028 and $360,000 in 2029. While the current market volatility is detaching short-term buyers from Bitcoin, the fundamentals are strong enough to attract long-term investors.
| Year | Min Price (USD) | Avg Price (USD) | Max Price (USD) |
| 2025 | $115,000 | $131,500 | $ 143,700 |
| 2026 | $140,000 | $165,000 | $185,000 |
| 2027 | $170,000 | $200,000 | $230,000 |
| 2028 | $210,000 | $250,000 | $290,000 |
| 2029 | $260,000 | $310,000 | $360,000 |
| 2030 | $320,000 | $400,000 | $470,000 |
Disclaimer: These Bitcoin (BTC) price forecasts are based on predictive modeling and should not be considered financial advice.
The Bottom Line: Bitcoin Bear Market Started?
Bitcoin is currently witnessing strong profit-taking momentum, and there is no indication of a bear season despite the short-term downtrend. However, as a market that exhibits unexpected fluctuations in the charts, it is important to participate in trading with extreme caution. Always do your own research to understand the movements of the charts.
Also Read: XRP News Today: XRP is 3% Down