Bitcoin's current downturn may stabilize around $83,000, where significant liquidation activity has accumulated over several months. If this level fails to hold, analysts point to $78,000 and $75,000 as subsequent support targets based on leveraged position clustering.

Bitcoin has reached 95% of its 21 million coin maximum supply, with approximately 19.95 million BTC now mined. Fewer than 1.05 million BTC remain to be extracted. The remaining coins will take over a century to mine due to Bitcoin's halving schedule, which exponentially slows issuance over time.

Bitcoin is testing its 50-week simple moving average, a key long-term trend indicator that could determine the current cycle's trajectory. A close below this level suggests a 60-70% probability that the cycle peak has already occurred, according to market analysis. Failure to reclaim the 50-week SMA could lead to a decline toward the 200-week moving average in the $60,000-$70,000 range by mid-to-late 2026.

XRP has formed a death cross as its 50-day moving average fell below the 200-day moving average, signaling a shift toward bearish momentum. The pattern indicates seller dominance in the current market structure. Analysts have identified three potential downside targets: $2.20, $2.00, and $1.80, based on historical liquidity zones and structural behavior.

Coinbase, Cumberland, Galaxy Digital, DRW and Wintermute moved 4,094 BTC worth approximately $405 million to institutional custodian Anchorage Digital within nine hours. The transfers occurred as Bitcoin traded below $100,000, with Galaxy Digital accounting for nearly 1,500 BTC of the total. The concentrated custody movements during price weakness suggest institutional accumulation at lower levels.

Multiple asset managers have filed XRP exchange-traded fund applications scheduled for Securities and Exchange Commission review between November 13 and late November 2025. Issuers include Bitwise, Franklin Templeton, 21Shares, CoinShares, Grayscale, and WisdomTree, representing firms collectively managing approximately $1.5 trillion in assets. The compressed review timeline spans roughly two weeks across multiple prominent issuers.

Three major altcoins show pronounced technical weakness as selling pressure intensifies. XRP's 50-day moving average nears a bearish crossover below its 200-day moving average, potentially forming a death cross within days. Ethereum trades near $3,600 after breaking below its 200-day moving average, while Cardano's RSI has dropped to 31, indicating extreme oversold conditions with all major exponential moving averages aligned in a death cross pattern.

Dogecoin has formed a death cross as its 50-day moving average crossed below the 200-day moving average, confirming bearish momentum. Bitcoin faces a $500 million sell wall on major exchanges while trading near $100,000. Ethereum has stabilized around the $3,000 support level after a sharp correction.

Bitcoin is trading near $109,200 with approximately $3 billion in short positions concentrated around $112,600, according to CoinGlass data. The cryptocurrency faces resistance below $112,000-$114,000, a zone aligned with key moving averages. A breakout above this level could trigger cascading liquidations and accelerate upward price movement.