Panic in the crypto market! Bitcoin has just dived below $89,000, its lowest level since April 2025. In just a few weeks, the price has fallen by more than 26% from its historic peak above $126,000 in October and has wiped out all of this year’s gains.
At the moment (November 19, 2025), BTC is hovering around $89,000, but fear is huge: the Fear & Greed Index has dropped to „extreme fear”, and the entire crypto market has lost more than $1.2 trillion in market capitalization.
Why such a massacre?
- Risk on exchanges: Investors are fleeing risky assets, just as they are from AI stocks and tech giants.
- No Fed rate cuts: The chances of a cut in December have fallen below 50%.
- Liquidations of leveraged positions: Hundreds of millions of dollars in liquidations.
- Outflows from ETFs: In recent days, more than $1.8 billion has left bitcoin exchange-traded funds.
Experts say it plainly: this is a classic correction after the post-election euphoria and the halving. Historically, declines like this (even 30–40%) have always preceded new all-time highs during a bull market.
Cryptocurrency Price Map [Live]
What about the prediction from the IQ 276 genius?
Not long ago, YoungHoon Kim was talking about $220,000 in 45 days – today many chuckle under their breath. But remember: people like him are buying right now, while „blood is running in the streets”.
Is this the bottom, or just the beginning of a deeper correction? One thing is certain: at 89k, many whales are already loading up their bags. MicroStrategy, Saylor’s company, has just bought thousands more BTC at $102k.
What are you doing? Selling in panic or buying at lower levels? Let us know in the comments!
