November 2025 was the worst for bitcoin in the last 7 years

Bitcoin BTC $90,642.12 Mezo Wrapped BTC -0.07% Market capitalization $42.77 million VOL. 24 hours $1.13 billion is likely to end November with its worst performance in seven years, Cointelegraph reports, citing data from CoinGlass. The price of BTC is currently hovering around $ 91,500, which means a drop of about 16.9% for the month — almost as much as in November 2019, when the asset lost 17.3%. The worst November for bitcoin was in 2018, when it fell by 36.5% during the bear market after the 2017 peak.

Nick Ruck, Research Director at LVRG, noted that the current decline opens up opportunities for «smart investors,» as the market is clearing out over-leveraged participants and unstable projects, creating the preconditions for a new stage of growth. In his opinion, this could lay the foundation for a positive start to 2026.

Crypto analyst Sumit Kapoor emphasized that November is usually one of the strongest months for bitcoin, but this year the situation is radically different. He noted that historically, after a «red November,» December often ends in the red. At the same time, Arctic Digital Head of Research Justin d’Anetan reminded that the crypto market traditionally moves in a four-year cycle, but the launch of spot Bitcoin ETFs in the United States in early 2024 could change the dynamics of this process.

Analysts believe that the current decline does not contradict the long-term positive trend. D’Anetan explained that the involvement of institutional investors «changes the pace, breadth, and rhythm» of price movements, and this may make the market more stable in the future.

Technical experts expect the monthly BTC candle to close above $ 93,000. According to an analyst at CrediBull Crypto, a close above this level would be a positive signal, and a breakout of $ 102,000 would be an «extremely bullish» development, although this is likely to happen next month.