The cryptocurrency market is experiencing a strengthening correction trend, which could lead to a decrease in the value of Bitcoin to $87,500. Analysts from CryptoQuant have noted an on-chain indicator that has fallen to a pessimistic level of 0.72, the lowest value since April 2025.
This is reported by Business • Media
Composite Index Analysis and Current Dynamics
According to experts, the composite index is in the pessimistic zone, indicating a predominance of the correction phase in the market. As of mid-November 2025, the indicator records a value of 0.72. Market participants currently assess the situation as corrective, creating additional pressure on the prices of digital assets.
Experts point out that weak liquidity and the lack of clear signals from the Federal Reserve regarding a reduction in the base rate contribute to increased turbulence in the Bitcoin market. In this context, three main possible scenarios are highlighted:
- Correction (momentum < 0.75): a probable drop in value to the support level of $87,500, which formed in March.
- Consolidation (momentum 0.8–1): stabilization of quotes within $90,000–$110,000.
- Momentum Recovery (>1): a return to a bullish trend with potential targets of $150,000–$175,000.
Current Situation and Market Prospects
According to CryptoQuant’s assessment,
“Bitcoin at $92,622 confirms selling pressure amid weak liquidity and macroeconomic factors. The market remains vulnerable, but at the same time may open up opportunities if signs of a reversal appear,” the experts concluded.
Earlier, CryptoQuant reported that investors who recently joined the Bitcoin market have already sold over 148,000 BTC at a loss, which has also affected the current price dynamics.