Bitcoin (BTC) is weakening, is it a good time to buy? (11/21/25)

Jakarta, Pintu News – The crypto market today seems to be in the grip of bearish pressure, based on the latest data from CoinStats. Bitcoin (BTC), as the leading cryptocurrency, recorded a daily decline of 1.71%. This triggers the big question: where will Bitcoin’s price move next?

Pressure Continues on Short Time Frames

On the hourly chart, Bitcoin (BTC) is showing a false breakout from the local support level at $90,395. If there is no significant recovery until the end of the day, the price could potentially drop further to the $89,500-$90,000 range. This reflects the still strong selling pressure, signaling the market may not be ready to recover.

Even in the longer term, there are no signs of a reversal. Currently, the price is heading towards the next support level at $89,189. If this level is broken, the potential for a further decline to the $86,000-$88,000 area is wide open.

Also Read: 4 Bitcoin Indicators that Triggered the Market Rally Reappear!

Medium Term Rebound Opportunity

From a medium-term point of view, Bitcoin is testing the mirror level of $88,772. If the weekly candle closes well above this level, the chances for the bulls to take control will increase. This could pave the way for a rise to the $90,000-$92,000 zone, giving hope to investors waiting for a price recovery.

However, if the weekly close fails to sustain these levels, downward pressure is likely to resume. Therefore, monitoring technical indicators is important in assessing the strength of the current trend.

The Importance of Analysis and Vigilance

In today’s uncertain market conditions, investors need to be more vigilant and actively monitor price movements. Understanding areas of support and resistance can help anticipate potential future movements.

Decisions to buy or sell should be based on sound technical analysis and take into account external factors such as regulations, government policies and global economic conditions. All of these elements play a major role in shaping Bitcoin’s price dynamics.

Conclusion

With uncertainty still looming over the market, caution in making investment decisions is crucial. Quick responses to market movements and adaptive strategies will be key in dealing with the high volatility in the crypto world.

Also Read: 5 Shocking Facts: This US Congressman Secretly Bought IDR 41 Billion in Bitcoin!

Follow us on Google News to get the latest information about crypto and blockchain technology. Check Bitcoin price today, Solana price today, Pepe coin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

FAQ

Q1: How much has the Bitcoin (BTC) price fallen today?
A1: Bitcoin decreased by 1.71% in the last 24 hours.

Q2: What was the local support level that BTC failed to maintain?
A2: BTC failed to maintain local support at $90,395.

Q3: Where will the price go if the decline continues?
A3: If the selling pressure continues, the price could drop to the $89,500-$90,000 range.

Q4: What are the implications if BTC breaks support at $89,189?
A4: A break below $89,189 could trigger a deeper drop to the $86,000-$88,000 zone.

Q5: What are the chances of recovery if BTC holds above $88,772?
A5: If BTC is able to hold above $88,772, a potential rise to $90,000-$92,000 will open up for the bulls.

Reference:
U.Today. Bitcoin (BTC) Price Analysis for November 20. Accessed on November 21, 2025.