Market Week Close Analysis: Bitcoin Below $100K, Tech Rebounds, WBD Bidding War Emerges

This analysis is based on the Schwab Network market commentary [1] published on November 14, 2025, which highlighted key market developments at the close of the trading week. The video observed that while technology stocks experienced significant declines during the week, many rebounded into Friday’s close, whereas Bitcoin notably failed to recover and remained below the $100,000 psychological level [1].

The broader market demonstrated resilience on November 14, 2025, with major U.S. indices showing mixed but generally positive performance. The S&P 500 closed at 6,734.11 (+0.93%), while the NASDAQ Composite gained 1.58% to 22,900.59 [0]. The Dow Jones Industrial Average was the outlier, declining 0.16% to 47,147.48 [0]. The technology sector specifically led all sectors with a strong +2.04% gain [0], confirming the video’s observation of tech stock rebounds.

Bitcoin’s performance contrasted sharply with traditional equities. The cryptocurrency was trading around $94,263.10 on November 14, 2025, representing a 3.89% decline [2]. This marked Bitcoin’s lowest 4 p.m. level since April 30, 2025 [2], with the asset having fallen 11.07% over four consecutive days - its worst weekly performance since February 2025 [2]. Bitcoin is now down 25.35% from its all-time intraday high of $126,272.76 reached on October 6, 2025 [2].

Warner Bros. Discovery (WBD) emerged as a significant market story, with the stock rising 4.02% to $23.03 on November 14, 2025 [0]. This movement reflects the developing bidding war scenario mentioned in the market commentary [1]. Multiple reports indicate that Paramount Global, Comcast, and Netflix are preparing first-round, nonbinding bids for WBD ahead of a November 20 deadline [3][4][5].

Key acquisition details include Paramount’s interest in acquiring the entire WBD entity (market value ~$55 billion) [5], while Comcast and Netflix are focusing on studio and streaming divisions, excluding cable networks [5]. Paramount’s latest offer values WBD at $23.50 per share, nearly 90% above pre-interest levels [5]. The auction process aligns with WBD’s plans to split into two companies [5].

The data reveals a significant market rotation pattern where traditional technology stocks recovered while cryptocurrency assets continued to underperform. The technology sector’s +2.04% gain [0] contrasted sharply with Bitcoin’s -3.89% decline [2], indicating diverging investor sentiment between traditional tech and crypto assets. This decoupling may represent either a temporary phenomenon or a structural shift in market dynamics that warrants monitoring.

Bitcoin’s breakdown below key technical levels has opened the path to further downside. Analysts at Ledn identify $84,000 as the next key support level [2], suggesting potential additional declines of approximately 11% from current levels. The cryptocurrency’s continued decline amid weakening ETF flows [2] suggests institutional selling pressure may be intensifying, potentially signaling a broader bear market regime as confirmed by analysts at 10x Research [2].

WBD’s stock performance and the competitive bidding environment suggest significant undervaluation perceptions. The stock’s rise to $23.03 [0], combined with Paramount’s $23.50 per share offer [5], indicates potential upside of 2-3% from current levels if competitive bidding emerges. The diverse interest from different types of media companies (traditional studio, cable operator, streaming platform) highlights WBD’s strategic value across the evolving media landscape.

Users should be aware that Bitcoin’s current decline may be part of a broader bear market regime. The cryptocurrency’s 25.35% decline from all-time highs [2] and continued institutional selling pressure suggest further volatility potential. The next key support level at $84,000 [2] represents a critical technical threshold that could determine near-term direction.

The bidding war for WBD involves significant execution risk, including regulatory approval uncertainty (particularly for Netflix and Comcast) [5], integration challenges for combined media entities, and potential for overpayment in competitive bidding scenarios. The November 20 deadline [5] creates a compressed timeline that could pressure decision-making.

The divergence between traditional technology stocks and cryptocurrency [0][2] suggests changing correlation patterns that could affect portfolio diversification strategies. Investors should monitor whether this decoupling represents a temporary risk-off rotation or a longer-term structural shift in how digital assets correlate with traditional equities.

The trading week concluded on November 14, 2025, with technology stocks showing resilience while Bitcoin remained under pressure below $100,000. Major indices demonstrated mixed performance, with the technology sector leading gains at +2.04% [0]. Warner Bros. Discovery emerged as a focal point with potential acquisition interest from multiple media companies, driving the stock up 4.02% [0]. Bitcoin’s decline to $94,263 [2] represents a continuation of bearish momentum, with technical analysis suggesting further downside potential to $84,000 [2]. The WBD bidding situation involves strategic considerations for different potential acquirers, with Paramount seeking the entire company while Comcast and Netflix focus on specific divisions [5].