CryptoQuant analysts believe that Bitcoin’s correction may extend to the level of $87,500 due to increasing pessimistic sentiments among investors. This forecast is based on current on-chain indicators that reflect the dominance of negative expectations in the cryptocurrency market.
This is reported by Finway
On-Chain Indicators Signal Lowest Since April
According to CryptoQuant, the composite index reflecting market participants’ sentiments dropped to 0.72 by mid-November 2025. This is the lowest level since April of this year. Experts emphasize that such a figure indicates a prevailing corrective phase, where most players expect further declines in the asset’s value.
Scenarios for Bitcoin Market Development
CryptoQuant analysts note that the market is currently facing weak liquidity and a lack of clear signals from the Federal Reserve regarding a potential interest rate cut. This uncertainty increases volatility and affects investor sentiment.
- Correction (Impulse < 0.75): In this scenario, Bitcoin could fall to the support level of $87,500, established in March 2025.
- Consolidation (0.8-1): In this case, stabilization of the price is expected in the range of $90,000–$110,000.
- Recovery of Momentum (>1): If the market returns to growth, a transition to a bullish trend with targets of $150,000–$175,000 is possible.
“Bitcoin at $92,622 confirms selling pressure amid weak liquidity and macroeconomic factors. The market remains vulnerable, but at the same time, it may open up opportunities if signs of a reversal appear,” the experts concluded.
Earlier, CryptoQuant reported that new investors have already sold over 148,000 BTC at a loss.