#BitcoinPriceWatch

Hello crypto friends!
As of November 23, 2025, Bitcoin is consolidating in the $85,000–$86,500 range. The correction that followed last month’s $126,000 all-time high has split the market into two clear camps: those panicking and those accumulating. Let’s break down the current picture with the latest data.
Market Snapshot (November 23, 2025)
Current price: ~$86,350
24h change: +2.4%
RSI (14): 23.14 → historically a strong reversal signal
Fear & Greed Index: 13 (Extreme Fear)
Net BTC outflows from exchanges (past 7 days): ~120,000 BTC
Institutional moves: Harvard tripled its Bitcoin exposure via BlackRock ETFs; MicroStrategy continues its weekly purchases
Technical View
On the weekly chart, the ~$101,000 order block acted as strong support
Bollinger Bands are tightening → low volatility often precedes big moves
First meaningful resistance: $87,000–$87,500; a break above could quickly test $90,000
Investor Psychology
We’re witnessing classic “retail capitulation.” Panic dominates social media, yet on-chain data tells the opposite story: long-term holders are strengthening their positions, miner selling pressure has eased, and institutional wallets remain in accumulation mode.
Historically, whenever the Fear & Greed Index drops below 15, the average return over the following 3–6 months has exceeded 80%. December 2023 is a perfect example.
What to Watch (General Observations)
Short-term: $84,000–$85,000 zone remains strong support
A close above $87,500 could flip momentum positive
Medium-to-long term: post-halving cycle dynamics and macro liquidity conditions still favor BTC
Bottom Line
The $86,000 level looks like a meaningful accumulation zone across multiple data points. When fear peaks, those who stay calm have historically been rewarded.
Do you think this consolidation is setting up the next leg up, or are we in for a deeper correction? Drop your thoughts in the comments—let’s follow it together!