Bitcoin Battles $89,000 Price Ceiling
Bitcoin bulls are fighting to break a consistent pattern of sell pressure during U.S. hours, with the price capped at around $90,000 throughout the week.
The largest crypto is holding steady ahead of the pre-holiday weekend, trading at $88,400, up 0.3% over the past 24 hours.
Meanwhile, U.S. equities are showing strength, with the Nasdaq gaining 1% and AI bellwethers Nvidia, Oracle, and AMD rising 3%-6%.
Altcoins Rebound
ETH, SOL, and SUI lead the altcoin rebound, up over 5% from Thursday’s lows, while Ethereum treasury firm BitMine advanced almost 8%.
Galaxy Digital and stablecoin issuer Circle were each up around 3%, while Strategy, the largest corporate BTC holder, bounced more than 3%.
BitDigital is up 10% following news related to WhiteFibre, which has signed a 10-year, 40MW colocation agreement with Nscale, valued at approximately $865 million.
Citi’s Base Case for Bitcoin
Citigroup has set a base case price target for bitcoin at $143,000 in 12 months, relying on further crypto ETF inflows and a continued rally in traditional equity markets.
Analysts highlight $70,000 as key support, with the potential for a sharp rise due to revived ETF demand and positive market forecasts.
The bear case sees bitcoin falling to $78,500 amid a global recession, while the bull case predicts a rise to $189,000 due to increased investor demand.
Market Update
U.S. equities are having another strong session, led by the Nasdaq’s 1% gain, with AI bellwethers Nvidia, Oracle, and AMD rising 3%-6%.
Bitcoin NewsMarket Wrapmarket analysisMore For YouProtocol Research: GoPlus SecurityBy CoinDesk ResearchNov 14, 2025Commissioned byGoPlusWhat to know: As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines.
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