As of November 10, 2025, Bitcoin (BTC) is trading at approximately $106,418, reflecting a 4.41% increase from the previous close. This recent uptick is part of a broader trend that has seen Bitcoin’s value fluctuate significantly over the past year. Notably, in October 2025, Bitcoin reached an all-time high of $125,449.77, driven by increased investor confidence in U.S. equities and growing interest in Bitcoin exchange-traded funds (ETFs). ([tomshardware.com](https://www.tomshardware.com/tech-industry/cryptocurrency/bitcoin-rockets-to-all-time-high-of-over-usd125-000-rise-fueled-by-increase-in-u-s-equities-and-interest-in-bitcoin-etfs?utm_source=openai))
Quantile Regression Model Predicts $275,000 by November 2025
A recent study by Bitcoin researcher Smithson With introduces a quantile regression model to forecast Bitcoin’s price trajectory. This model, which prioritizes cumulative data such as supply, volatility, and distribution over time, suggests that Bitcoin could reach as high as $275,000 by November 2025. The model’s focus on the 99th percentile indicates a quasi-exponential decay trend, implying that deviations from the actual trend have either halved or doubled over time. ([cointelegraph.com](https://cointelegraph.com/news/quantile-regression-275k-bitcoin-price-november-2025?utm_source=openai))
Institutional Inflows and Market Sentiment
Institutional interest in Bitcoin has been a significant driver of its price movements. For instance, Citigroup recently adjusted its year-end price target for Bitcoin to $133,000, citing strong flows from ETFs and digital asset treasuries. However, the brokerage also noted offsetting macroeconomic factors, including a stronger U.S. dollar and weaker gold prices, which could impact Bitcoin’s performance. ([reuters.com](https://www.reuters.com/business/citigroup-lifts-ether-outlook-trims-bitcoin-view-shifting-investor-flows-2025-10-02/?utm_source=openai))
Technical Indicators and Short-Term Predictions
Technical analysis provides additional insights into Bitcoin’s potential price movements. According to CoinCodex, Bitcoin is forecasted to rise by 4.70% and reach $116,276 by November 28, 2025. The current sentiment is bearish, with the Fear & Greed Index showing a neutral position at 51. Bitcoin recorded 17 out of 30 green days with 4.68% price volatility over the last 30 days. ([coincodex.com](https://coincodex.com/crypto/bitcoin/price-prediction/?utm_source=openai))
Conclusion
While Bitcoin’s current price of $106,418 reflects recent gains, the path to $275,000 by November 2025 remains speculative. The quantile regression model offers an optimistic outlook, but investors should consider various factors, including institutional inflows, macroeconomic conditions, and technical indicators. As always, due diligence and a comprehensive understanding of the market are essential when making investment decisions in the volatile cryptocurrency landscape.
