Bitcoin Price Today, 27 November 2025: BTC Reclaims $91K as Market Bets on Fed Cuts and a ‘Santa Rally’

Bitcoin (BTC) is trading back above the psychologically important $90,000 mark today, 27 November 2025, extending a recovery that began earlier this week after one of the sharpest pullbacks of the year. At the time of writing, most major data providers show BTC around $91,000–$92,000, up roughly 4–5% in the last 24 hours, and well off last week’s lows near $81,000. ^[1]

The rebound comes after Bitcoin peaked above $125,000 in October before sliding nearly 30% amid a brutal November sell-off that flushed out leverage and wiped billions from derivatives markets. ^[2]

Bitcoin price today: key levels and market snapshot

Spot price (BTC/USD) – 27 November 2025

Current price: Roughly $91,000–$91,600 on major trackers
24h performance: Up about 4–5% versus Wednesday’s levels
Recent daily range: High just below $92,000, with lows varying by venue but broadly in the high‑$80Ks to low‑$90Ks ^[3]
Weekly context: BTC bounced from a low near $80,600–$81,000 last week, its weakest level since April ^[4]

Market-cap snapshots and exchange data show:

The total crypto market cap has climbed back to about $3.2 trillion, up roughly 3.6% over the past 24 hours. ^[5]
Major altcoins are participating in the move: ETH around $3,030, BNB near $895, SOL roughly $144 and XRP around $2.20, each gaining between 2–4% on the day. ^[6]

From a medium‑term standpoint, Bitcoin remains:

Down roughly 25–30% from October’s all‑time high above $125,000–$126,000 ^[7]
Slightly negative year-to-date versus the US dollar based on aggregate 2025 BTC/USD data ^[8]

Why is Bitcoin up today? Three big drivers behind the move

1. Fed rate‑cut expectations and macro risk appetite

A core narrative behind today’s Bitcoin price is a shift in interest‑rate expectations and a broader risk‑on tone in global markets:

US data and central‑bank commentary have pushed traders to price very high odds of a Federal Reserve rate cut in December.
- Prediction markets like Polymarket and Kalshi put the chance of a cut around the low‑to‑mid‑80% range. ^[9]
- The CME FedWatch Tool similarly shows about 85% odds of a 25 bps cut at the 9–10 December FOMC meeting. ^[10]
Fed officials including San Francisco Fed President Mary Daly and Governor Stephen Miran have openly signalled support for easier policy, reinforcing expectations of a pivot toward rate cuts. ^[11]

Historically, lower real interest rates and an easier Fed stance have benefited risk assets, including Bitcoin. Crypto market coverage today emphasises that this shift in expectations is a key pillar behind the latest rebound, mirroring rallies in US tech stocks and broader equity indices. ^[12]

2. ETF flows turn positive after heavy November outflows

Another important driver is a modest but notable improvement in spot Bitcoin ETF flows:

Data from ETF trackers show two consecutive days of net inflows into US‑listed spot BTC ETFs this week, following a string of heavy outflows earlier in November. ^[13]
One analysis using SoSoValue and DeFiLlama data cites:
- Around $128–129 million of net inflows on Tuesday
- Followed by about $21–22 million on Wednesday
- This comes after an estimated $3.5 billion in net outflows from Bitcoin ETFs in November, underscoring how sharp the de‑risking cycle had become before this bounce. ^[14]

While those inflows are relatively small compared with earlier bull‑market surges, they’re being interpreted as a shift from aggressive selling to at least neutral or mild accumulation, taking some pressure off the spot BTC price.

At the same time, XRP ETFs are grabbing headlines after strong launch‑day flows, with total assets crossing roughly $600 million+ and absorbing tens of millions of XRP in under 24 hours. ^[15] That rotation into large‑cap altcoins shows risk appetite returning across the crypto complex, not just in Bitcoin.

3. Technical reset after an “oversold” November crash

From a pure chart perspective, today’s move is also about mean reversion after a violent sell‑off:

BTC fell from above $125,000 in October to the low‑$80Ks in November, a drop that pushed the Fear & Greed Index down to around 19, signalling “extreme fear” and washed‑out sentiment. ^[16]
DailyForex notes that the RSI on the daily timeframe dropped into the low‑20s—an oversold zone—before bouncing alongside price. ^[17]
Derivatives markets saw a record ~$19 billion wipe‑out in open interest during October’s crash, clearing out leveraged longs and setting the stage for a cleaner rebound once forced sellers were flushed. ^[18]

In short, a combination of washed‑out leverage, extreme fear and improving macro expectations has created fertile ground for the current relief rally above $90,000.

Relief rally or the start of a new leg higher?

Not everyone is convinced that Bitcoin’s move back above $90,000 marks the start of a fresh uptrend.

A detailed analysis published today frames the move as a classic “relief rally” pattern:

BTC climbed back over $90,000 after dropping to about $81,000 last Friday, its lowest since April.
Even after today’s bounce, Bitcoin is still down roughly 28% from its October all‑time high above $126,000. ^[19]
Analysts cited in that report highlight potential resistance between $92,000 and $95,000, an area where previous rallies have stalled. ^[20]

On-chain and positioning data underscore the uncertainty:

Whale wallets (10–10,000 BTC) have reportedly been lightening their holdings for several weeks, a pattern historically associated with caution rather than aggressive accumulation. ^[21]
MVRV ratios (which compare market value to realized value) show many traders still sitting on unrealized losses, which can support short‑term bounces but also reflect residual pain from the recent drawdown. ^[22]
Network activity, including new and active addresses, has trended lower compared with late 2023 levels, suggesting that the current move is being driven more by existing market participants than a wave of fresh retail entrants. ^[23]

Some analysts expect Bitcoin could retest the $82,000 area or even dip below $80,000 before finding a truly durable bottom, with deeper support zones flagged in the $65,000–$70,000 range. ^[24]

Technical picture: death cross, key support and resistance zones

Technically minded traders are laser‑focused on a mix of bullish and bearish signals on the BTC/USD chart.

Death cross keeps bears interested

A widely discussed headline today is that Bitcoin has just printed a “death cross” on the daily chart:

The 50‑day moving average has crossed below the 200‑day moving average, a pattern often interpreted as a sign of potential longer‑term bearish momentum. ^[25]
Some analysts argue this confirms that BTC has entered a technical bear market, citing:
- A flattening and rolling‑over 200‑day average
- Elevated trading volume during down days
- Higher overall volatility versus earlier in the year ^[26]

Others, however, caution that death crosses have produced false signals in past cycles, and note that they often occur after large portions of a drawdown have already played out.

Support: $88,000 and the low‑$80Ks

Several levels have emerged as crucial support in today’s commentary:

$88,000 – highlighted by multiple technical analysts as the line in the sand for the current bounce. Sustained trading below this level would increase the chance that the recent move above $90,000 was a failed breakout. ^[27]
$80,000–$82,000 – an important structural support zone, referenced as a possible retest area if macro conditions or sentiment sour again. Below that, some strategists look toward $65,000–$70,000 as stronger, longer‑term support based on prior consolidation zones. ^[28]

Resistance: $92,000–$95,000 and the psychological $100K mark

On the upside, markets are watching:

The $92,000–$95,000 band, where prior rallies have met selling pressure and where CoinCentral and other analysts see significant short‑term resistance. ^[29]
The $100,000 round number, which has become both a psychological target and a technical magnet, with some short‑term bullish scenarios eyeing a retest of that level if the current recovery continues. ^[30]

A DailyForex note describes BTC’s bounce from around $80,600, accompanied by a hammer‑style candle and a rising RSI, as compatible with a continuation toward $95,000–$100,000—provided support around $87,500–$88,000 holds. ^[31]

ETF flows, whales and leverage: mixed but improving

The short‑term market microstructure today is a tug‑of‑war between more constructive ETF and derivative signals and lingering concerns about large holders.

ETFs and institutional flows

As noted, US spot Bitcoin ETFs have turned positive for two days in a row, adding around $150 million combinedafter weeks of outflows totalling roughly $3.5 billion in November. ^[32]

This is helping:

Stabilise bid depth on major exchanges
Support the narrative that institutional desks are selectively adding exposure again, rather than just de‑risking into year‑end

Analytics firm CryptoQuant is quoted today as saying that Bitcoin’s risk‑reward profile is now the most attractive since mid‑2023, historically a zone where longer‑term buyers have begun to accumulate. ^[33]

Whales: some accumulation, some selling

On‑chain data offers a more nuanced picture:

Crypto.news highlights signs of whale accumulation and reduced leverage, with large transfers moving coins off exchanges and perpetual funding rates cooling from earlier extremes. ^[34]
At the same time, other analyses track six straight weeks of net distribution by whale wallets holding 10–10,000 BTC, and a separate piece today warns of “whale sell‑off pressure” that could fuel another leg lower if macro conditions wobble. ^[35]

In derivatives, funding rates and open interest levels show elevated but not extreme short positioning, leaving room for short‑squeeze rallies if price continues to grind higher—but also signposting that many traders remain sceptical of a sustained uptrend. ^[36]

Santa Claus rally? What seasonal data says about December Bitcoin returns

With Thanksgiving in the US and the holiday season approaching, a growing portion of today’s commentary focuses on whether Bitcoin could stage a “Santa Claus rally” into year‑end.

A fresh study released on 27 November looks at Bitcoin and the broader crypto market from 2014–2025 and finds: ^[37]

A crypto “Santa rally” has appeared in 9 of the last 11 years during the post‑Christmas period (27 December–2 January).
Over those same 11 years, Bitcoin rallied 8 times in the week before Christmas and 6 times in the week after.
Across all years studied, December has delivered average gains of about 8.25% for Bitcoin and 13%+ for total crypto market cap.

Crucially, the survey component of the study suggests investor appetite remains strong despite November’s drawdown:

Around 58% of US crypto investors polled said they plan to buy crypto this Christmas, more than double those planning to sell.
79% of those buyers plan to purchase Bitcoin, and a similar share expects to deploy capital before Christmas, attempting to front‑run a potential Santa rally. ^[38]

While seasonality is only one factor, that data helps explain why bullish calls for a year‑end rebound—possibly even toward or above $100,000—are resurfacing now that BTC is back above $90,000. ^[39]

Analyst outlook: from cautious consolidation to bold six‑figure targets

Today’s Bitcoin price coverage features a wide spectrum of forecasts:

Tom Lee, long known for aggressive BTC targets, has dialed back his famous $250,000 year‑end call but still believes Bitcoin can trade above $100,000 in Q4, arguing that BTC often makes most of its yearly gains in just a handful of trading days. ^[40]
Citi strategists, cited in Coindesk, expect Bitcoin to consolidate broadly between $82,000 and $90,000 through early 2026, reflecting a more conservative view that the current bounce is part of a longer digestion phase after the October highs. ^[41]
A range of macro and market‑structure analysts interviewed by CoinCentral and DLNews warn that the move could be a bear‑market rally, with a non‑trivial risk of retests in the low‑$80Ks or even the $60K–$70K range if macro conditions deteriorate or ETF inflows stall again. ^[42]

On balance, today’s consensus could be summed up as:

Constructive short‑term, cautious medium‑term.
Bitcoin’s bounce above $90,000 is supported by an improving macro backdrop, positive ETF flows and seasonal tailwinds—but is still unfolding against a backdrop of death‑cross technicals, mixed whale behaviour and lingering macro uncertainty.

What today’s move means for traders and long‑term holders

For short‑term traders, the 27 November 2025 Bitcoin price action frames a clear tactical battleground:

Above $90,000–$92,000: Bulls argue for continuation toward $95,000 and potentially $100,000 if ETF inflows stay positive and the Fed confirms a December cut. ^[43]
Back below $88,000: Bears see a rising risk of a failed breakout and potential retests of the $82,000–$80,000 zone, especially if macro or regulatory headlines turn negative. ^[44]

For longer‑term holders, today’s price around $91K still sits:

Well below October’s $125K+ all‑time high,
But far above the deep bear‑market lows of prior cycles,

…leaving Bitcoin in what many describe as a mid‑cycle consolidation, where both substantial upside and significant downside remain on the table. ^[45]

Risk reminder

As always, it’s important to underline that:

Bitcoin and other cryptocurrencies are highly volatile assets. Swift moves of 10–20% in either direction over short periods are common.
The analysis above reflects current market data and third‑party commentary as of 27 November 2025 and may become outdated quickly as prices and macro conditions change.
Nothing in this article constitutes investment, trading or financial advice. Anyone considering exposure to BTC should carefully assess their risk tolerance, investment horizon and, where appropriate, consult a qualified financial professional.

Crypto : Fin de Crash pour Bitcoin !? Le Piège se Referme ! 🚨