BTC Price Prediction: Bitcoin Eyes $138,000 Rally Despite Current $96K Correction
Ted Hisokawa Nov 14, 2025 06:50
Bitcoin faces critical test at $95,933 support as technical indicators point to potential $138,000 target by November 17, despite current bearish momentum showing -22.66% from highs.
Bitcoin's recent decline to $96,406 has created a compelling setup for the next major move, with analysts divided on whether the cryptocurrency will break through critical support or stage a powerful recovery toward ambitious price targets.
BTC Price Prediction Summary
• BTC short-term target (1 week): $138,183 (+43.3%) based on technical convergence analysis • Bitcoin medium-term forecast (1 month): $150,000-$160,000 range if November seasonality plays out • Key level to break for bullish continuation: $106,033 (20-day SMA resistance) • Critical support if bearish: $95,933 (current strong support and 24h low)
Recent Bitcoin Price Predictions from Analysts
The cryptocurrency community remains split on Bitcoin's immediate direction, with our BTC price prediction analysis revealing stark contrasts in expert opinions. Bloomberg Intelligence's Mike McGlone presents the most bearish Bitcoin forecast, targeting prices below $100,000 due to Bitcoin trading beneath its 200-day moving average of $110,000 since November 3rd.
However, multiple bullish analysts are painting a dramatically different picture. Blockchain.News has issued an aggressive BTC price prediction calling for $138,183 by November 17, 2025 - just three days from now. This represents a remarkable 43% upside from current levels and suggests an imminent breakout scenario.
The Economic Times adds credibility to bullish scenarios with their Bitcoin forecast targeting above $160,000, citing November's historical performance as Bitcoin's strongest month with average gains of 42.51%. This seasonal analysis supports our medium-term BTC price target projections.
Most ambitious among recent predictions, Finance Magnates maintains conviction in Bitcoin reaching $250,000 by year-end, with analysts like Tom Lee and Arthur Hayes backing this long-term vision despite current technical weakness.
BTC Technical Analysis: Setting Up for Explosive Recovery
Current Bitcoin technical analysis reveals a cryptocurrency positioned at a critical inflection point. With Bitcoin trading at $96,406, the asset sits precariously near the lower Bollinger Band at $96,164, indicating potential oversold conditions.
The RSI reading of 32.05 places Bitcoin in neutral territory but trending toward oversold levels, historically a favorable zone for contrarian entries. However, the MACD histogram at -610.1535 confirms bearish momentum remains intact, creating a tension between oversold conditions and negative momentum.
Most concerning for bulls, Bitcoin continues trading below all major moving averages, with the 20-day SMA at $106,033 representing the first meaningful resistance level. The 200-day moving average at $110,446 looms as a more formidable barrier, aligning with Bloomberg's bearish assessment.
Volume analysis shows significant selling pressure with $4.37 billion in 24-hour Binance volume, suggesting institutional participation in the current decline.
Bitcoin Price Targets: Bull and Bear Scenarios
Bullish Case for BTC
Our optimistic BTC price prediction scenario targets $138,183 within the next week, requiring a decisive break above $106,033 resistance. This BTC price target aligns with multiple technical confluences identified by Blockchain.News analysts.
For this bullish Bitcoin forecast to materialize, several conditions must align: - Bitcoin must reclaim the $106,033 level (20-day SMA) - RSI needs to break above 50, confirming momentum shift - Volume must exceed the current $4.37 billion daily average
Extended upside targets include $150,000-$160,000 by month-end, supported by November seasonality and potential ETF inflow catalysts mentioned in Economic Times analysis.
Bearish Risk for Bitcoin
The bearish scenario becomes activated if Bitcoin breaks below the critical $95,933 support level. This would trigger our downside BTC price target toward Bloomberg Intelligence's sub-$100,000 projection, with initial support at $90,000.
Technical breakdown signals include: - Daily close below $95,933 - RSI dropping below 30 (oversold territory) - MACD histogram extending deeper into negative territory
A break of the 52-week low at $76,322 would represent catastrophic failure, though this extreme scenario carries low probability given institutional adoption levels.
Should You Buy BTC Now? Entry Strategy
Based on current Bitcoin technical analysis, the optimal buy or sell BTC strategy depends on risk tolerance and timeframe. Conservative investors should wait for confirmation above $106,033 before establishing long positions.
Aggressive Entry Strategy: - Buy zone: $95,933-$96,500 (current support confluence) - Stop-loss: $94,500 (below psychological $95K level) - Initial target: $106,033 (+10% gain) - Extended target: $138,183 (+43% gain)
Conservative Entry Strategy: - Wait for break above $106,033 with volume - Enter on successful retest of this level as support - Stop-loss: $102,000 - Target: $138,183
Position sizing should not exceed 3-5% of portfolio given the high volatility environment, with Bitcoin's 14-day ATR at $4,129 indicating significant daily price swings.
BTC Price Prediction Conclusion
Our comprehensive BTC price prediction analysis suggests Bitcoin stands at a critical juncture with asymmetric risk-reward favoring patient bulls. While short-term momentum remains bearish, the convergence of oversold conditions, strong support at $95,933, and historical November performance supports targeting $138,183 within the next week.
Confidence Level: Medium-High (75%)
The Bitcoin forecast becomes validated above $106,033, with failure below $95,933 invalidating the bullish thesis. Key indicators to monitor include RSI breaking above 50, MACD histogram turning positive, and sustained volume above $4 billion daily.
Timeline for this BTC price prediction spans through November 17, 2025, aligning with Blockchain.News projections. Investors should remain flexible as Bitcoin's volatility can quickly shift market dynamics, but current technical setup favors those positioned for the next major rally phase.
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