Bitcoin price stabilized today, Nov. 18, as investors bought the dip and 
waited for the upcoming FOMC minutes and Nvidia earnings.

Will Bitcoin price rebound as the Fear and Greed Index crashes?

Bitcoin has officially slipped into dangerous territory after losing the 
$90,000 level for the first time since early spring, triggering widespread 
fear across the market. The drop has intensified concerns that BTC may be 
transitioning into a full bear market, as momentum weakens and buyers struggle 
to absorb the aggressive waves of sell pressure. Related Reading: Ethereum 
Approaches Historical Accumulation Level – Just 8% Away From LTH Cost Basis 
According to top analyst Darkfost, one of the driving forces behind the latest 
downturn is persistent selling from major institutional players. Data shows 
that Galaxy Digital has been offloading significant amounts of BTC. This 
steady stream of institutional selling has added weight to an already fragile 
market structure, likely accelerating last night’s drop. While sentiment is 
undeniably fearful, the combination of forced liquidations, institutional 
selling, and panic-driven exits may be creating the final stage of a broader 
reset — one that historically precedes major cycle reversals. Galaxy Digital’s 
Selling Accelerates Market Downside Darkfost reports that Galaxy Digital has 
been exceptionally active over the past several hours, adding considerable 
pressure to an already fragile Bitcoin market. According to the data, the firm 
moved more than 2,800 BTC, a sizeable amount given the current environment of 
fear and declining liquidity. A particularly notable portion of this activity 
is the 1,474 BTC transferred to Coinbase Prime, equivalent to roughly $135 
million at recent prices. Such large inflows to an institutional exchange are 
typically interpreted as preparation to sell, and this wave of supply appears 
to have coincided with Bitcoin’s accelerated move below the $90,000 level. 
This type of selling activity from a major player like Galaxy Digital carries 
significant market implications. When large, sophisticated entities reduce 
exposure during a period of heightened volatility, it often intensifies fear 
among retail traders and shorter-term participants. The timing of these 
transfers — occurring as Bitcoin was already slipping through critical support 
zones — likely amplified the downside impact, contributing to the sharp 
overnight drop. However, while the immediate effect is clearly negative, 
analysts like Darkfost emphasize that such phases of heavy selling and forced 
repositioning are also characteristic of late-stage corrections. Once large 
sellers finish distributing, markets often stabilize and rebuild from stronger 
hands. Related Reading: $14B In Stablecoins Minted Since October Crash: 
Liquidity Returning To Crypto BTC Price Analysis: Testing Key MA as Fear Peaks 
Bitcoin’s price action on the 3-day chart shows a decisive breakdown, with BTC 
now trading around $90,400, sitting directly on top of the 200 moving average 
(red line) — a level that has historically acted as a final line of defense 
during major corrections. The rejection from the $110K–$115K zone triggered a 
cascade of lower highs, shifting market structure firmly into a short-term 
downtrend. Momentum has deteriorated quickly, and the clean break below both 
the 20-day (blue) and 50-day (green) moving averages confirms bearish control. 
Related Reading: Massive Bitcoin Bid Walls Spotted On Binance: Bulls Step In 
With 2,800 BTC Cluster Volume has spiked noticeably during the most recent 
candles, indicating forced selling and liquidation-driven moves rather than 
organic distribution. This aligns with the broader fear-driven environment and 
recent data showing large entities, including Galaxy Digital, offloading 
significant amounts of BTC. The high-volume flush suggests capitulation 
behavior, especially as Bitcoin revisits levels not tested since early 2025. 
If buyers defend this level and the price stabilizes, it could mark the 
beginning of a base formation. However, a clean breakdown below the 200 MA 
would expose the next major support near $82K–$85K, signaling deeper downside 
risk. Featured image from ChatGPT, chart from TradingView.com

Galaxy Digital Dumps 2,800 BTC as Bitcoin Crashes Below $90K

One longtime analyst thinks a bitcoin breakout is waiting in the wings, even 
after the cryptocurrency plunged to $89K on Tuesday morning. Standard 
Chartered Predicts Year-End Bitcoin Rally Most analysts didn’t have an $89K 
bitcoin price on their bingo cards, but that’s exactly what happened at around 
2 a.m. on Tuesday. Yet Standard Chartered’s head […]

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Bitcoin finally bounces, outpacing stocks ahead of Nvidia earnings: Will the BTC rally hold?

It’s been a choppy week across crypto assets, with bitcoin sliding more than 
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