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Bitcoin Price Prediction: Analysts Warn of November Dip

Ronny Mugendi Ronny Mugendi Calendar 31-10-2025
Bitcoin Price Prediction

Analysts Split on Bitcoin’s Next Move After Red October


After recording its first red October in seven years, Bitcoin finds itself at a defining point heading into November. Analysts are split between a possible rebound and a deeper retracement as the price hovers near critical support zones. Historical data, macroeconomic shifts, and short-term technical patterns show a mixed view for the next phase of movement.

According to data from analyst Crypto Rover, October 2025 is nearing a close with a -3.35% decline, breaking a streak of bullish Octobers that often produced double-digit gains. This change raises concerns whether November will echo the sharp pullbacks seen in 2018 or surprise with a recovery.

analyst Crypto

SOURCE: X

Despite this deviation, Bitcoin’s average November return of +10.82% has kept optimism among traders. The analyst’s breakdown shows that in some years, mild October dips were followed by strong rebounds as liquidity and year-end accumulation surged. Therefore, while the negative trend stirs questions, statistical odds still lean toward a positive finish to Q4.

Bitcoin Price Prediction: $109K Support on the Line

Additionally, analyst Jelle pointed out the $109,000–$111,000 range as a make-or-break zone. This support band has repeatedly acted as a launchpad for rebounds but is showing signs of strain. Jelle warned that a failure to reclaim $113,000 could shift sentiment bearish

Bitcoin Price Prediction

BTCUSD CHART | SOURCE: X

A pull between bulls protecting the midrange and sellers expecting lower targets around $105,000 is reflected in the persistent choppiness. The market's long-standing bullish pattern could be reinstated with a strong recovery above resistance next month, with psychological weight.

Short-Term Outlook Suggests A Dip

Furthermore, analyst Learnernoearner adds a cautious tone, outlining a potential relief rally before another downward leg. The analyst showed resistance around the $111,200–$112,600 zone and support near $102,900. The setup resembles a lower-high formation beneath the 200-day moving average, which is a pattern often seen before further corrections. 

Still, a liquidity sweep toward $102K could trap short positions and trigger a swift rebound if buying pressure returns.

BTCUSD CHART

BTCUSD CHART | SOURCE: X

Essentially, the current Bitcoin price prediction is a mix of caution and taking advantage of opportunities. Defending support zones, repeating patterns, and cyclical trends all suggest that the market remains strong amid volatility. If the historical strength of November matches the technical recovery, the asset could regain momentum and overcome its loss in October.

Ronny Mugendi
Ronny Mugendi

Expertise

About Author

Ronny Mugendi is an experienced crypto journalist with four years of professional expertise, having made substantial contributions to multiple media platforms covering cryptocurrency trends and innovations. With more than 4,000 published articles to his name, he is dedicated to informing, educating, and bringing more people into the world of Blockchain and DeFi. Beyond his journalism work, Ronny finds excitement in bike riding, enjoying the adventure of exploring fresh trails and landscapes.

Ronny Mugendi
Ronny Mugendi

Expertise

About Author

Ronny Mugendi is an experienced crypto journalist with four years of professional expertise, having made substantial contributions to multiple media platforms covering cryptocurrency trends and innovations. With more than 4,000 published articles to his name, he is dedicated to informing, educating, and bringing more people into the world of Blockchain and DeFi. Beyond his journalism work, Ronny finds excitement in bike riding, enjoying the adventure of exploring fresh trails and landscapes.

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