Price Predictions 11/14: Btc, Eth, Xrp, Bnb, Sol, Doge, Ada, Hype,...
Bitcoin has broken below the psychologically crucial $100,000 level, signaling that the bears are in full control. The next strong support on the downside is at $87,800.
Bitcoin has broken below the psychological support at $100,000, opening the gates for a potential sell-off to $87,800.
Several major altcoins are approaching their support levels but have failed to bounce with strength, increasing the risk of a breakdown.
Bitcoin (BTC) appears weak in the near term as bears pull the price further below the psychological level at $100,000. BTC’s persistent weakness pulled the Crypto Fear & Greed Index into the “extreme fear” category with a score of 15//100 on Thursday, its lowest level since early March.
Bitwise chief investment officer Matt Hougan said to Cointelegraph that had BTC rallied sharply into the end of 2025 and followed it up with a pullback, it would have fit the four-year-cycle thesis. The failure to do so sets up BTC for a good year in 2026, buoyed by positive underlying fundamentals.
Another bullish projection came from Santiment, which said in a post on X that the crowd turning negative on BTC suggests the point of capitulation is nearing. An “unexpected November rally” could happen as stronger hands scoop up the cryptocurrencies sold by weaker hands. It added that it was “not a matter of if, but when this will next happen.”
How far lower could BTC and the major altcoins fall? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Sellers are attempting to seize control by sustaining BTC below the psychological support of $100,000.
The downsloping 20-day exponential moving average ($104,850) and the relative strength index (RSI) near the oversold territory indicate that the path of least resistance is to the downside. Any recovery attempt is likely to face selling at the breakdown level of $100,000. If the price drops below $100,000, it signals that the bears have flipped the level into resistance. That suggests the resumption of the downtrend.
There is support at $92,000, but that could be broken. The BTC/USDT pair may then descend to $87,800. Buyers will have to push the price above $107,000 to indicate a potential trend change.
Source: CoinTelegraph