Bitcoin year-end outlook shifts as traders price 50% chance of sub-$90K close
Market participants are increasingly positioning for Bitcoin to finish 2025 below $90,000, with options pricing reflecting even odds for such an outcome. The shift follows the asset touching a seven-month low of $89,970 on November 18 before recovering to $91,526. Spot Bitcoin ETFs recorded approximately $3 billion in gross outflows during November, marking the second-largest withdrawal period since these products launched in 2024.
