Bitcoin News Today: Bitcoin Plummets: Is This the Start of a Bear Market or Preparation for a 2026 Recovery?

Bitget-RWA2025/11/15 15:08

By:Bitget-RWA

- Bitcoin nears six-month lows as fear index hits seven-month low of 15. - Massive ETF outflows and fading Fed rate-cut hopes signal waning institutional confidence. - Chain data shows long-term holder sales and bearish sentiment below key support levels. - Analysts debate bear market risks vs. potential 2026 rebound amid bullish chart patterns.

Bitcoin’s value remains stuck near its lowest point in half a year as investor confidence plunges into “extreme fear,” with

the Crypto Fear and Greed Index dropping to 15, its lowest in seven months

. This index, which compiles data from volatility, social media buzz, and market polls, has

stayed in the “extreme fear” category for more than a week

, indicating the market is teetering on the edge of panic selling.

Bitcoin

(BTC)

recently slipped below $96,000

, marking its lowest level since May 2025, after

tumbling 6.4% in just one day

. Experts are split on whether this signals the start of a long-lasting bear market or

presents a buying window ahead of a possible 2026 recovery

The recent selloff has been worsened by significant withdrawals from U.S. spot Bitcoin ETFs, which

saw $869.9 million in outflows on Thursday

—the second-highest daily withdrawal ever recorded.

Grayscale’s Bitcoin Mini Trust

led the pack with $318.2 million pulled out, while both Fidelity’s FBTC and BlackRock’s IBIT also experienced notable redemptions

according to The Block

. These withdrawals point to declining institutional trust, with some analysts

linking the trend to diminishing expectations for a Federal Reserve rate cut in December

. The Fed’s recent hawkish approach has tightened liquidity for risk assets, and

Bitcoin’s price has mirrored the downturn in stocks like the Nasdaq

Blockchain data shows additional downward pressure

: Over 815,000 BTC were sold by long-term investors in early November, and

exchange balances have increased after a period of decline

, indicating more sellers are entering the market.

Bitcoin’s fall below its 200-day moving average

—a key technical support—has fueled further bearishness. “This liquidity crunch is causing cascading liquidations as buy orders thin out,” said Vincent Liu of Kronos Research,

pointing out that buyers are slowly rebuilding support

in the $92,000 to $95,000 range.

Despite the negative outlook, some market watchers believe a rebound could be on the horizon.

A “bullish falling wedge” chart pattern has emerged

as Bitcoin consolidates between $100,000 and $106,000, a formation that has often preceded upward moves in the past. Ki Young Ju from CryptoQuant

stated that the bull market remains in place

as long as Bitcoin stays above $94,000, which is the average entry price for recent buyers. Meanwhile, Santiment

observed that crypto market bottoms typically occur

when

optimism

is at its lowest, suggesting that today’s “overwhelmingly negative” mood could set the stage for a rally.

The outlook remains uncertain. While ETF outflows and broader economic worries continue to drag prices down, institutional interest could return if the Fed hints at rate cuts or liquidity conditions improve. For now, the market is on alert for any catalyst that could either spark a recovery or confirm a deeper downturn.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Bitcoin News Today: Bitcoin Plummets: Is This the Start of a Bear Market or Preparation for a 2026 Recovery?

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