According to @WatcherGuru, BTC fell below $86,000 on Nov 21, 2025, marking a break of a key round-number level that traders monitor for momentum shifts (source: Watcher.Guru on X, Nov 21, 2025). A decisive undercut of such levels can cluster stops and elevate long-liquidation risk on leveraged venues, prompting monitoring of funding, open interest, and liquidation heatmaps for confirmation (source: Binance Academy, Support and Resistance; Coinglass liquidation metrics primer). Near-term execution commonly focuses on the next liquidity areas such as $85,000 and prior swing lows, alongside spot-perp basis and order-book depth on major exchanges to judge continuation versus mean reversion (source: Binance funding and order book dashboards; TradingView market data).

According to the source, Bitcoin (BTC) has only slightly rebounded after hitting its lowest price in months. According to the source, users on prediction market MyriadMarkets currently price a 67% probability that BTC returns to $115,000 versus a move down to $85,000. According to the source, this probability skew signals a near-term bullish tilt, with $115,000 and $85,000 emerging as the immediate levels traders are watching, while momentum remains fragile given the modest bounce.