Shutdown-related volatility could trigger support tests near $90,000.

Bitcoin has been taking a common route. It plummeted only weeks following the end of the U.S government shutdown on November 13, 2025. The same was witnessed in January 2019 when the Bitcoin plunged following the end of the shutdown. The recent drop is in the midst of a solid bull market and that is what makes the reaction even more dramatic.

The closure started on October 1, and it took 43 days. It was the longest in the history of the United States. By the time it was over investors scrurried to reprice risk. That change initiated a crypto market selling spurt. The change of sentiment was very abrupt and not expected by many traders.

Cryptocurrency analyst @cryptorover posted a graph of price movement of the two shutdowns. In 2019, Bitcoin fell almost 25 percent within seven days. The same is indicated in the 2025 chart. Bitcoin fell down to about 117,000 and may now check at 100,000-90,000. Such movement shows that the effect of macro events on the crypto market remains.

Forced liquidations were the cause of most of the damage. In the bullish positions, traders were highly leveraged. After the market dropped those positions unravelled quickly. Bitcoin bottomed at an approximate of $3,200 in 2019. Traders are currently worried that there is further correction to be made in the event of an increase in the macro pressure.

Others feel that this correction gives a buying opportunity. Other people caution that the crash might be worsened by the uncertainty of the rest of the economy. Bitcoin may recover provided that the Federal Reserve reduces rates in the near future. Otherwise, this price may be lowered further. It is very important that this weekend puts the market direction.