Billionaire warns ‘last time to buy’ as Bitcoin crashes
November continues to get worse for Bitcoin and its friends. on November 18 Bitcoin (BTC) dropped below $90,000 following the death cross formation and was trading at $89,426 before rising again. This was the lowest level since April.
A death cross refers to a market chart pattern that occurs when a stock’s short-term moving average (usually a 50-day) crosses below its long-term moving average (usually a 200-day). It usually precedes prolonged downward movements.
Bitcoin’s decline also erased all gains in 2025, with a 28% drop from its October peak of $126,000.
At the time of reporting, Bitcoin was trading at $91,319.15, down 4.2% in the last 24 hours.
Crypto market liquidation exceeds billion dollars. According to Coinglass data, total liquidations were $1.03 billion, while Bitcoin’s contribution was $569.37 million.
A fear and greed index of 11 indicates extreme fear.
Billionaire Cameron Winklevoss reminded X that this is “the last time you can buy Bitcoin for under $90k.”
The decline is causing alarm among investors, as some predict that the decline is not over yet.
The expectation of the next interest rate cut in December is increasing Bitcoin’s volatility. Federal Reserve remains divided While views are being exchanged among those who want to ease monetary policy to mitigate a further slowdown in the labor market, others are concerned that inflation remains high and a rate cut could further fuel inflation.
But, Kobeissi Letter By Adam Kobeissi takes a more hopeful stance on the decline, calling it a “routine” crypto bear market.
“Every drop of the current magnitude or greater since Bitcoin’s inception has been followed by new records. Disruption isn’t easy, but it pays off when you can drown out the noise.”
This story was first reported by: Street First appeared on November 18, 2025 Trading News and Analysis section. Add TheStreet at: Preferred Source by clicking here.
