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Market Outlook

BITCOIN SLIDE MIGHT ACCELERATE IF IT BREACHES 90K

ADMIN || 17th November 2025

Bitcoin’s slump to erase almost all of this year’s gains has the potential to get significantly worse if it extends much further. That’s because the token is trading perilously close to the point when the average retail investor would be facing losses, a dynamic that threatens to turn ETF flows into a fundamental downside driver rather than the steady tailwind they once provided.

The largest virtual currency is hovering at ~$94,000 after dropping below $93,000 earlier on Monday. Bitcoin is way below the $100,000 that had seemed to offer some round-number-fuelled resistance and it’s also crashed well through the 365-day average so that the average buyer of any stripe over the past year is offside.

The next round number on the way down, at $90,000, might also bring into play a key pain point for ETF buyers. Earlier this month there was an estimate that the blended entry price across all lifetime inflows into US spot Bitcoin ETFs was at $89,600. That level may have moved not least because of the rapid outflows seen recently with ~$1.5b leaving crypto ETFs last week but there’s a strong chance that a drop to that kind of price would intensify the hit to retail sentiment regarding Bitcoin and other virtual currencies.

That’s about 5% below where the digital token currently trades and effectively marks the breakeven point for the average ETF buy-in. And notably, it aligns with a key technical zone from April, when Bitcoin reversed off its 2025 low after a prolonged stretch of selling pressure.

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