Bitcoin Price Continues to Weaken, Analysts Predict Potential Drop to $93,000
Executive Summary
Key insights and market outlook
Bitcoin (BTC) price continued its downward trend on Thursday (13/11/2025), falling 2.66% in 24 hours to $102,202 per coin according to CoinMarketCap data. The cryptocurrency has weakened 0.91% weekly. Analysts predict further decline to $93,000 amid current market conditions.
Deep Dive Analysis
Bitcoin Price Continues Downward Trend Amid Market Weakness
Current Market Performance
Bitcoin (BTC) maintained its downward trajectory on Thursday, November 13, 2025. According to data from CoinMarketCap at 20:38 WIB, the cryptocurrency price was recorded at $102,202 per coin, representing a 2.66% decline over the previous 24 hours. On a weekly basis, Bitcoin has weakened by 0.91%.
Technical Outlook and Analyst Predictions
Analysts maintain that Bitcoin remains vulnerable to further downside risk, with predictions suggesting a potential drop to $93,000 in the near term. The current market conditions and technical indicators are cited as primary factors contributing to this bearish outlook.
Market Context and Implications
The ongoing decline in Bitcoin's value reflects broader market sentiment and potential investor caution. As the largest cryptocurrency by market capitalization, Bitcoin's price movements often influence the overall digital asset market. The predicted further decline to $93,000 would represent a significant decrease from current levels, potentially impacting investor confidence and market dynamics.
Source References
Story Info
Topics Covered
Key Events
Bitcoin Price Decline
Cryptocurrency Market Weakness