Bitcoin: November marked by volatility, with the main selling pressure coming from Europe

WalletsWatcher · 2026-01-20T13:14:10+00:00

Bitcoin's performance in November has been weak, with Europe driving selling pressure while Asia and the US remained stable. Analysis shows significant monthly declines for BTC and ETH, highlighting the impact of trading sessions on price dynamics in the cryptocurrency market.

WalletsWatcher

2026-01-20 13:14:10

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In the year-to-date, Bitcoin has shown one of its most fragile performances in November since 2018. Capital flow analysis reveals an interesting pattern: while Asia and the United States maintained a relatively balanced behavior, the European market was the driving force behind the selling pressure during the period.

Geography of the Movement: Europe Led the Declines

Presto Research’s time frame data clearly shows how volatility was distributed. During European trading sessions, the intensity of sales reached its peak, notably contrasting with the stability observed during Asian and U.S. trading periods. This geographic imbalance has been decisive in the market’s direction.

Magnitude of the Declines

BTC and ETH experienced significant monthly setbacks. Bitcoin showed declines in the range of 20–25%, reflecting the net selling pressure accumulated during European hours. Current 30-day data shows BTC has gained +2.86%, while Ethereum (ETH) records +3.92%, indicating a partial recovery after the negative movements of the previous month.

The Temporal Factor in Crypto Markets

This pattern demonstrates how trading cycle hours continue to be a critical factor in cryptocurrency price dynamics. The concentration of liquidations and sell orders from European traders highlights the importance of understanding which regions are leading each market movement.

BTC-3,58%

ETH-6,87%

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