The true meaning behind Winklevoss's mention of "buying BTC below $90,000 is the last chance".

On November 18 local time, Cameron Winklevoss, co-founder of Gemini, mentioned to his 1.6 million followers on X that “this may be the last opportunity to buy BTC below $90,000.” Shortly after, BTC was trading around $91,687, with a market capitalization of $1.82 trillion and a circulating supply nearing 20 million BTC.

Reading Adjustment Phases from Chart Structure

BTC has rapidly adjusted from last month's peak of 124,000 Dollar. Particularly noteworthy is the break of the long-term upward trend line that had been functioning since the beginning of the year. The rising pattern of “higher lows” that had continued for several months has collapsed, and the downward pressure has taken precedence.

Currently, the RSI has dropped to around 30, which is at the same level as the accumulation phase in previous low zones. Technically, this can be seen as a signal that the degree of overheating is cooling down.

Key Demand Zones

BTC is currently heading straight into a wide demand zone of 83,800 to 90,000 Dollars. This area is an important region that supported the rebound in April and coincides with the 0.618 Fibonacci retracement.

Main Level

• Support: $90,000, $83,800, $74,600
• Resistance: 96,000 Dollar, 111,000 Dollar, 124,000 Dollar

Possibility of Rebound and Next Target

If buying pressure comes in around $84,000, we can expect a technical rebound. Pay attention to signals of exhaustion such as the lower wicks of candlesticks, RSI divergence, and bullish engulfing patterns.

If the rebound is successful, 96,000 Dollar will be the first hurdle. Above that, it will reach 111,000 Dollar (past rejection zone + trend line intersection). If it breaks through here, the upward momentum may revive, and the path to 124,000 Dollar could also come into view.

For long-term investors, it seems to be a phase where they act under the recognition of “the last deep-dive phase before the supply crunch accelerates,” as pointed out by the Winklevoss twins. If linked to the macro liquidity improvement by the beginning of 2026, a rebound may come earlier than expected.