Crypto News Today, November 18: Why is Bitcoin Price Dropping? Are We Expecting a Bear Market as Bull Run Failed to Pump Altcoins?

Why is Bitcoin dropping so sharply this week? Bitcoin price has slipped back toward the $90,000 zone, and the altcoins’ bear market has intensified as Ethereum, Solana, and mid-caps continue bleeding double digits.--> Market Sentiment Now 64.47 Greed Yesterday 66.3 Greed Last week 14.39 Extreme Fear Typically, when forums turn hopeless, shorts pile in aggressively, …

Why is Bitcoin dropping so sharply this week? Bitcoin price has slipped back toward the $90,000 zone, and the altcoins’ bear market has intensified as Ethereum, Solana, and mid-caps continue bleeding double digits.–>

Market Sentiment
Now 64.47 Greed
Yesterday 66.3 Greed
Last week 14.39 Extreme Fear

Typically, when forums turn hopeless, shorts pile in aggressively, and volatility drains liquidity from altcoins, the ingredients for a reversal quietly assemble. Even in 2018, the brutal November crash reset positioning before a multi-month recovery began.

Despite the chaos, some accumulation signals emerged. Several large wallets absorbed tens of thousands of BTC this week, offering a counterweight to selling pressure. If the Bitcoin price defends the mid-80Ks, it could recreate the stair step bottoming patterns seen in prior cycles.

The altcoin bear market will likely lag any recovery, but clearing excessive leverage often sets the stage for healthier upside.

This feels like the pain month. Why is Bitcoin dropping? Because every weak hand is being wrung out. And historically, that’s when bottoms form, right as everyone believes the bull run has already failed.

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31 minutes ago

Why is Crypto Down? Analyst Weighs In On Cause of Market Tumble

Akiyama Felix

By Akiyama Felix

Why crypto is down has become the most significant question across the market today, as Bitcoin, Ethereum, and major altcoins extend their November losses. The total crypto market cap has slipped toward $3.1Tr trillion, with Bitcoin dropping from its recent all-time highs near $126K to the $90K range.

Fear is building rapidly, with liquidations climbing above $800M in a single day, while the Crypto Fear & Greed Index plunges into extreme fear. What caused the mayhem, and did the “no data November” help for the FUD?

Market Cap





Read the full story here.

The post Crypto News Today, November 18: Why is Bitcoin Price Dropping? Are We Expecting a Bear Market as Bull Run Failed to Pump Altcoins? appeared first on 99Bitcoins.

Ethan Wallwork

Ethan Wallwork

Ethan Wallwork is a technology journalist turned crypto enthusiast who covers the intersection of blockchain, AI, and global finance. With a background in data analytics, he specializes in uncovering patterns in market behavior and forecasting trends in digital asset adoption. Ethan’s articles often highlight how African startups are leveraging blockchain for real-world impact.

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