Bitcoin took a hit, dropping over 3% on Nov. 25, as market volatility shook traders. BTC/USD fell to $94,600 on Bitstamp, despite a ceasefire between Israel and Hezbollah. U.S. stocks, meanwhile, saw mild gains. MicroStrategy's $5.5 billion Bitcoin purchase didn't lift spirits either, as such moves often precede downturns.

Market watchers like Material Indicators suggest Bitcoin is seeking support, eyeing the $89k-$91k range. Total crypto liquidations hit $430 million in 24 hours. Odds of Bitcoin reaching $100,000 this month plummeted from 85% to 42%, though longer-term predictions remain optimistic.