Bitcoin (BTC) has struggled to regain momentum in recent days, with the price struggling to break out of the $115,000 resistance zone.
Despite this short-term weakness, strong bullish indicators have emerged, suggesting November could facilitate an upward move.
Bitcoin has a history
November has traditionally been one of Bitcoin’s strongest months. Based on historical data, Bitcoin’s median return in November was 11.2%, making it the second-best performing month after October. This consistent upward pattern tends to increase investor optimism and strengthen market participation at the beginning of the month.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
Bitcoin historical monthly returns. Source: CryptoRank
However, Rachel Lin, co-founder and CEO of SynFutures, spoke exclusively to BeInCrypto and emphasized that November 2025 could be different.
“Global trade tensions, inflation, and recession concerns are weighing on all risk assets, and Bitcoin is not immune. We have recently seen Bitcoin trading in the $104,000 to $108,000 range. Looking ahead, I think November is likely to bring a solid to modest recovery, but a strong It won’t be a real rally unless a catalyst emerges. If trade tensions worsen, Bitcoin could test the market again,” Lin said. “However, if support holds above $110,000, we could easily see a 10-20% pullback by the end of the month, especially as ETF inflows persist and whales are quietly accumulating.”
Nevertheless, signs of strength lie in the performance of the Bitcoin Spot Exchange Traded Fund (ETF). In October alone, Bitcoin ETFs recorded net inflows totaling $3.69 billion. The month began with cumulative flows of $58.4 billion and ended with $62.1 billion, reflecting a significant increase in investors’ exposure to BTC through regulated investment products.
Netflow of Bitcoin Spot ETF. Source: Farside
These inflows demonstrate that institutional investors continue to view Bitcoin as a valuable asset for diversified portfolios. Lin also noted that even after the mid-month spill, the overall trend is clearly positive.
“October 21st alone saw nearly $500 million in new inflows led by BlackRock and Fidelity, which shows how strong that belief remains.Institutions are increasingly viewing Bitcoin as ‘digital gold’, a hedge against inflation, land degradation, and global uncertainty…What is also interesting is how this movement reflects on-chain activity. “With each correction, inflows quickly resume, whales accumulate, and ultimately ETFs hold an even larger share. Improved regulations and lower fees have made it easier and cheaper for traditional investors to gain exposure than ever before,” Lin told BeInCrypto.
Bitcoin is establishing a level of significance
On-chain data provides further insight into Bitcoin’s current position. The cost-based distribution heatmap highlights significant support at around $111,000 and significant supply pressure at almost $117,000. This range defines the battleground between recent buyers looking to protect their positions and profit takers looking to exit after the recent rally.
A breakout in either direction could determine the trajectory of the coming weeks. If the bulls manage to break out of the $117,000 supply zone, the momentum could accelerate rapidly. Conversely, failure to sustain $111,000 could turn sentiment bearish and prompt a short-term correction.
Bitcoin cost-based distribution heatmap. Source: Glassnode
BTC price waits for breakout
At the time of this writing, Bitcoin is trading at $114,518, just below the key resistance level of $115,000. With investor sentiment becoming increasingly positive, BTC could soon break through this barrier. The confirmed breakout will likely spark new momentum and push Bitcoin price towards higher resistance levels in November.
Bitcoin’s short-term target remains at its all-time high (ATH) of $126,199, which would require a 10.2% upside from current levels. To achieve this, BTC will first need to clear strong resistance zones at $117,261 and $120,000, where heavy supply from profit-takers could temporarily slow progress.
Bitcoin price analysis. Source: TradingView
However, if Bitcoin fails to maintain its momentum above $115,000, short-term weakness could reignite. If buyers lose confidence, a drop towards $110,000 is still possible. A move below this support will invalidate the bullish outlook.
The post What to Expect from Bitcoin Prices in November 2025 appeared first on BeInCrypto.
