Bitcoin price prediction: BTC seeks footing above $95k following steep two-week selloff

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Sholanke Dele

17.11.2025

Bitcoin price prediction: BTC seeks footing above $95k following steep two-week selloff — Spot Bitcoin ETFs saw $2.33 billion outflows

Bitcoin price began the new week attempting to stabilize after one of its steepest weekly declines of the year. The cryptocurrency is trading near $95,000 on Monday after plunging to a six-month low at $93,000 last week, a level last seen in April. The selloff capped a brutal two-week stretch that saw Bitcoin shed more than 13% in the first half of November and lose over 10% in value in the previous week alone. The slide from $104,700 to $93,000 marked the second-biggest weekly loss of 2025 and deepened concerns about ongoing weakness in crypto market liquidity.

- Bitcoin fell over 13% in the first half of November, hitting a six-month low at $93,000.

- Spot Bitcoin ETFs saw $2.33 billion outflows, reflecting waning institutional confidence.

- Over $310 million in leveraged positions liquidated, exposing fragile speculative market participation.

Spot Bitcoin ETFs have been hit hard by the decline. Over just three consecutive days last week, they lost a combined $1.6 billion in liquidity, contributing to total outflows of $2.33 billion so far in November. That figure already makes this month the second worst for Bitcoin ETF redemptions on record, even though the month is only halfway through. The outflows reflect a sharp reversal in institutional sentiment that had supported Bitcoin’s price earlier in the quarter.

Bitcoin price dynamics (May - Nov 2025). Source: Tradingview

The derivatives market also suffered a heavy blow during the selloff. On Friday alone, over $310 million worth of leveraged positions were liquidated, of which $268 million were long positions. The massive liquidation spike shows that traders betting on a rebound were forced out of the market as bearish momentum overwhelmed key support levels. This pattern of liquidation-driven decline highlights the current fragility of speculative participation in the market.

Bitcoin volume drop shows weak follow-through buying despite temporary rebound

Technically, Bitcoin continues to trade in a short-term downtrend characterized by lower highs and lower lows. This structure indicates that sellers still dominate price action. The 4-hour chart shows that the most recent bounce from the $93,000 low has struggled to attract follow-through buying, as intraday volumes have been declining. This suggests that the current 1% recovery in the European session lacks conviction and could be a temporary relief move within a broader bearish setup.

Sentiment indicators further confirm the negative outlook. The Binance Fear and Greed Index has dropped to 17, placing retail sentiment in extreme fear territory. Such pessimism often signals that traders are waiting for a clear sign of capitulation before re-entering the market. If Bitcoin manages to climb above $97,300, it would signal a short-term bullish structure shift that could allow price to retest the $100,000 psychological level. However, if selling pressure resumes, the next key downside target sits at the $90,000 support zone, a level that could define whether November’s selloff evolves into a deeper correction or sets the stage for an end-of-month recovery.

We discussed how Bitcoin rose 1.9% to $103,500 after a two-day decline. Binance inflows surged to 7,500 BTC as holder distribution pressure increased.

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