According to NewsBTC, Bitcoin (BTC) is attempting to reclaim key support levels ahead of the November close, with analysts suggesting this week's performance could determine its end-of-year trajectory. BTC hit a one-week high of $93,092 before retracing, having previously fallen to a seven-month low of $80,600. Analysts like Rekt Capital and Ted Pillows highlighted the $93,500 level as crucial, with a close above this level potentially setting the stage for a green finish in 2025. Conversely, a failure to hold above $91,800 could lead to a drop below $88,000. Daan Crypto Trades noted the $97,000–$98,000 zone as a key liquidity pocket to watch.
Bitcoin's November Close May Determine 2025 Outlook as Price Rebounds
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