Bitcoin falls over 20% in November; rare 'Shark' pattern flags possible drop to $41K while recovery targets $92K–$101K

first published 2025-11-28T05:17:52Z

Bitcoin dropped about 16.9% in November to trade near $91,500, on track for its worst November since at least 2019. Analysts say the sell-off has cleared overleveraged participants and unsustainable projects, creating a potential buying opportunity and setting up a promising start to 2026. Commentators also cited the effect of 2024 spot-Bitcoin ETF launches on the cycle and identified monthly close levels to monitor at roughly $93,401 (bullish if held) and $102,437 (very bullish).

AI Analysis

Price fell ~16.9% in November to ~$91,500 and is positioned for the worst November since at least 2019; analysts cited capitulation clearing overleveraged participants and called it a buying opportunity; commentators pointed to 2024 spot-Bitcoin ETF launches and named monthly close levels at ~$93,401 and ~$102,437 as technical thresholds.

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