Bitcoin price prediction: BTC breaks $90,000 as Japan yield rise weighs on sentiment

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Sholanke Dele

18.11.2025

Bitcoin price prediction: BTC breaks $90,000 as Japan yield rise weighs on sentiment — Bitcoin dropped 3% to $89,550 Tuesday

Bitcoin price advanced its losses into Tuesday, November 18, breaking below the 90,000 mark for the first time in seven months. The decline deepened the cryptocurrency’s bearish run, as price slipped nearly 3% in the European session to trade near 89,550. The weakness builds on Monday’s 2.3% drop that saw Bitcoin close at 92,100, setting the tone for a rough start to the third week of November. So far, the week-to-date loss exceeds 5%, bringing the month-to-date decline to over 17%, while Bitcoin is now on course for a fourth consecutive red week.

- Bitcoin dropped 3% to $89,550 Tuesday, marking its lowest level in seven months.

- Whale addresses rose 2.2% to 1,384, hinting renewed long-term accumulation during selloff.

- Rising Japan bond yields to tighten global liquidity, deepening downside risk across risk assets.

Last week’s slide saw Bitcoin close below its 50-week EMA at the 100,000 psychological level for the first time since October 2023. The break below that long-term moving average marked a clear shift in sentiment, weakening technical structure and reinforcing bearish conviction across major exchanges. The resulting selloff has pushed global retail sentiment into “extreme fear” territory, according to the Binance Fear and Greed Index, which now reads 15. The daily and 4-hour RSI both show deep oversold readings below 30, a technical signal of exhaustion, but so far, there are no clear signs of recovery momentum.

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

Despite the broader weakness, Glassnode data revealed an uptick in accumulation among whale wallets. The number of addresses holding over 1,000 BTC surged 2.2% since Monday to 1,384, reaching a four-month-high. This suggests large investors are accumulating as price falls, possibly positioning for longer-term upside. However, the market structure remains fragile. The long-to-short ratio has climbed near 3, yet open interest has stayed flat, showing that traders are adding leveraged longs without enough conviction in directional follow-through.

Bitcoin risk outlook worsens as Japan yields tighten global liquidity conditions

Beyond crypto-specific factors, macro conditions are also worsening. Japan’s 10-year bond yield has surged to 2.7%, the highest in years, prompting expectations that Japanese investors may repatriate capital from U.S. Treasuries. Such capital outflows could tighten global liquidity and reduce risk appetite across asset classes, including Bitcoin. The combination of tightening liquidity and fragile technical structure leaves Bitcoin vulnerable to another leg lower.

For now, Bitcoin is stabilizing near the 89,000 support level, a zone that has attracted heavy buying in previous corrections. A break below this level could expose the market to further declines toward the 85,000 region. Conversely, a rebound above 91,000 could signal short-term relief, but the broader trend remains tilted to the downside until price reclaims the 100,000 level.

We discussed how Bitcoin fell over 13% in the first half of November, hitting a six-month low. Spot ETF outflows of $2.33 billion and $310 million in liquidations revealed weakening institutional confidence.

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