Bitcoin Price Plummets to a 7-Month Low
The cryptocurrency market has seen dramatic shifts recently, with Bitcoin (BTC) plunging to a seven-month low. On Thursday, November 20, 2025, Bitcoin’s price fell by over 5% within 24 hours, trading at $86.3k before slightly rebounding to $87.3k. This market dip highlights the high volatility of digital assets, underlining their unpredictable nature.
Tracing the Downtrend: A Look at Market Dynamics
Amid bearish sentiment, over $914 million has been liquidated from leveraged positions market-wide, with long traders accounting for $703 million of these losses. Such liquidation patterns contribute to additional pressure on Bitcoin’s price, creating what is known as a ‘long squeeze.’
From a broader perspective, Bitcoin has been stuck in a correction phase since reaching its all-time high of $126k in October 2025. This correction is tied to its symmetrical rising channel pattern, which started in early 2023—a sign of consolidation before either a breakout or breakdown.
Retail Sentiment and Its Market Implications
On-chain data analysis from Santiment reveals that retail traders overwhelmingly predict Bitcoin to fall below $70k. Historical data, however, suggests that the market tends to move contrary to popular retail sentiment—prompting speculation of an upcoming rebound.
The Fear and Greed Index, as reported by CoinMarketCap, has hit its yearly low of 15/100. Typically, extreme fear levels, as indicated by this index, have correlated with bullish reversals, pointing to a potential recovery in the coming months.
What Could Spark the Next Bitcoin Rebound?
Amid the U.S. government reopening and anticipated Federal Reserve policies like Quantitative Easing (QE), liquidity could return to risk-on assets such as cryptocurrencies. Referring to the post-U.S. government shutdown of 2019, a similar scenario could lead to Bitcoin’s resurgence in the mid-term.
Stay Ahead With Crypto Insights
For those navigating the crypto space, understanding current trends and having reliable tools at hand is paramount. A popular product in the cryptocurrency world is the Trezor Model T Wallet. This hardware wallet offers superior security for managing Bitcoin and other digital assets. With features like touch screen navigation and encryption, it’s perfect for safeguarding your investments.
Final Thoughts
While cryptocurrency markets are facing turbulent times, historical patterns and indicators suggest that recovery is possible. Now more than ever, staying informed and making data-backed decisions is key to navigating the volatile world of crypto investing.
