Why Is Bitcoin Falling Today? Next Target – $75K

Brief Market Outlook

Previous week saw a small bounce aka relief rally on Bitcoin as well as across all the alt coins. Monday open, December 1 got sold. Volumes are coming as the sell pressure gets built meaning sellers are active and in full control. Question is – What caused the fall in Bitcoin and other alts?

Well, the answer is simple – Technical Indicators, trend, macro, sentiment and also the outflow of ETF’s.

Let’s deep dive into the topics right away:

Technical Analysis

Death cross got confirmed previous week. Also Bitcoin got rejected from $93.3K a crucial resistance. Bitcoin is even unable to hold the shorter MA’s like MA 20. This shows the weakness of Bitcoin and the cryptocurrency market. Hence, betting against the Technical indicators and trend will be a big blunder.

Trend Analysis

Trend turned negative on October 10 as Bitcoin broke the $118K support structure. Since then trend has been on bearish. Shorting the rips has been working since then. So higher probability trades are on the bears side. If you want to become profitable in trading do read our article here.

Always remember:

Trend is your friend

Macro

The world economy is standing on the edge of a major breakdown. Inflation is running hot, AI is turning into a bubble, and even the September and October US job reports have been delayed—signs that something is seriously off. On top of that, economies around the globe are buried under generational levels of debt.

Meanwhile, traditional safe havens like gold and silver have delivered extraordinary gains this year. Historically, whenever this has happened, it has been followed by a major recession or even a full-blown depression. Bitcoin is no exception to these macro forces—unless, someday, it becomes the world’s primary reserve currency.

Sentiment

The sentient of Crypto is neutral to bearish, people are still in disbelief that Bitcoin can make a new ATH. This is a primary indicator that it is not going to happen. Everyone was expecting an Uptober but were handed an Octobear instead. Hence, sentiment also aims at $80K before any retracement. We have discussed about the final bottoms around $35K in the blog attached here. Given the market data and sentiment we are far away from bottom right now.

Predicting every bounce as a bottom is for the people who don’t have deep knowledge or lack experience in trading. Let the dust settle.

Our setups and targets are practical and is backed by a lot analysis and research.

ETF Outflows – The numbers says it all

Here’s the recent ETF outflow data:

• Grayscale Bitcoin Trust (GBTC): Persistent daily outflows in the range of hundreds of millions.
• BlackRock iShares Bitcoin ETF (IBIT): Sharp slowdown in inflows; several red days recorded.
• Fidelity Wise Origin Bitcoin ETF (FBTC): Notable outflows as risk appetite drops.
• Total Net Flows (All BTC ETFs Combined): Multi-day streak of net outflows, confirming sustained selling pressure from institutional participants.

The Final Take

Bitcoin’s decline isn’t the result of a single trigger—it’s a combination of technical weakness, a confirmed bearish trend, worsening macro conditions, negative sentiment, and heavy ETF outflows. All these factors point in the same direction, and until they shift, the path of least resistance remains downward.

With the death cross confirmed, major supports broken, and selling volume picking up across the board, the market structure clearly favors the bears. Sentiment is still disconnected from reality, and many traders continue calling every bounce a bottom, despite data suggesting otherwise.

Given the current landscape, the next high-probability target sits around $75K, with deeper downside levels possible if macro conditions deteriorate further. This isn’t fear—this is just disciplined analysis backed by trend, volume, and market behaviour.

For now, patience is key. Let the dust settle, respect the trend, and trade what the charts are showing—not what emotions want to believe.

Disclaimer: All information provided is for educational purposes only. Cryptocurrency investing and trading carries significant risk; consult a financial advisor before making decisions.

Read about our Bitcoin Death Cross blog here.

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