Bitcoin price: Reversal to price increase
As of 5:15 p.m. today Vietnam time, Bitcoin (BTC) - the world's largest cryptocurrency in terms of constantly fluctuating market value, is currently down 0.17%, reaching 86,965.84 USD.
This new price contributes to bringing market capitalization to 1,735 billion USD, down 3 billion USD. Similarly, trading volume in the 24 hours decreased by 9.89 billion USD, reaching 59.88 billion USD.
Assessment and forecast
The question that dominates investor sentiment today is "why is the cryptocurrency market plummeting and can Bitcoin hold on after many weeks of strong adjustments? ".
As of the end of November 2025, BTC/USD has fallen from a historical peak of 126,000 USD to nearly 80,000 USD, "inflating" more than 600 billion USD in market capitalization.
With the current price around 87,000 USD, the Bitcoin market sentiment has turned to fear, investors are discussing tensively whether this important support zone will last or a deeper decline is taking shape.
Bitcoin was strongly rejected at the $90,000 - $92,000 range, forcing the market to re-evaluate the next important support zone. After the sell-off, BTC price reached 80,000 USD - a psychological mark and also a support that had been previously inspected.
The difference this time when 80,000 USD was previously a supporting role was on the EMA and SMA 200 strip, maintaining the trend. But now, the trend has been broken.
This has many analysts worried that this could be a technical recovery before further decline, requiring caution until the market shows clear signals.
Some experts believe that the current price range is the bottom, although BTC is likely to recover to 110,000 USD. The long-term trend trend trajectory since 2013 has not been broken, reinforcing the view that Bitcoin is still in a macro uptrend, despite a short-term weakness.
However, the risks are still huge. If BTC clearly breaks the 80,000 USD mark, the market can retreat to the deeper support zone at the 69,000 - 62,000 USD channel, corresponding to the previous historical peak and the EMA/SMA 200 range on the weekly chart.
The community is now divided strongly, with half saying it is the "think of the decade", while the other half warning that a long-term trend break could open a new downtrend.
In Vietnam, the cryptocurrency asset market has been piloted since September 9, with a pilot implementation period of 5 years.
However, organizations and individuals participating in the cryptocurrency asset market must comply with relevant legal regulations on prevention and control of money laundering, terrorist financing, sponsorship of the dissemination of weapons of mass destruction, electronic transactions, network information security, network security, data protection to ensure security and safety in the cryptocurrency asset market and other relevant specialized laws.
