Bitcoin Market Update and Setup Tuesday 11/18/2025
- Nov 18, 2025
- 3 min read
Bitcoin is currently forming a Dragonfly Doji on the daily chart while Bitcoin dominance (BTC.D) continues to trade bearish. A deeper decline in BTC.D would support altcoins and restore the type of environment seen before the October 10th crash. A sustained move below 59.00% is the threshold for that shift.
Bitcoin tested the $91,500 daily support last night and briefly attempted to push toward $86,000, but a strong daily reversal pattern today could prevent that deeper move. A bullish hammer or a confirmed Dragonfly Doji today—followed by a bullish candle tomorrow—would signal a local bottom and open the path back toward $100,000.
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