Death cross vs. $96K rebound: 5 things to know in Bitcoin this week

3 weeks ago

Bitcoin (BTC) heads into the November monthly adjacent hanging by a thread beneath $90,000.

  • Bitcoin traders anticipation for a humble betterment and adjacent a instrumentality supra the $100,000 people aft a brutal sell-off.

  • BTC terms enactment inactive has to contend with the aftermath of its latest “death cross” connected regular timeframes.

  • New information suggests that speculators are absorbing coins distributed by semipermanent holders.

  • Thanksgiving week offers a little yet data-rich play for hazard assets.

  • Crypto marketplace sentiment is connected the rebound arsenic stocks descend heavy into “extreme fear.”

Is Bitcoin emerging from the wreckage?

Following its latest section debased of $80,500 past week, Bitcoin remains highly uncertain arsenic the November monthly adjacent approaches.

Data from Cointelegraph Markets Pro and TradingView shows the $88,000 people presently acting arsenic a terms ceiling.

BTC/USD one-hour chart. Source: Cointelegraph/TradingView


Traders are arsenic divided arsenic ever, with semipermanent bearish predictions mixing with modest optimism.

“Bitcoin has reclaimed the 4H SMA-20 for the archetypal clip successful 2 weeks,” trader BitBull noted successful an X post Monday, referring to the 20-period elemental moving mean connected the four-hour chart. 

“On the shorter timeframe, $BTC is looking bully now. A play adjacent supra $92,000 volition marque a bullish lawsuit for a rally towards $105K-$110K.”
BTC/USD four-hour illustration with 20SMA. Source: Cointelegraph/TradingView


Further anticipation came from Daan Crypto Trades, who argued that the play operation was inactive “intact” contempt a large enactment collapse.

$BTC It is wide by present that Bitcoin has afloat mislaid its Bull Market Support Band.

This had astir been supporting terms each cycle, with a fewer smaller deviations below.

But this caller determination down has made it truthful there's implicit a $20K+ spread to get backmost to the band.

At immoderate point,… pic.twitter.com/dL15LFlMix

— Daan Crypto Trades (@DaanCrypto) November 23, 2025

Crypto trader, expert and entrepreneur Michaël van de Poppe, meanwhile, described Bitcoin’s latest three-day illustration candle arsenic “great.”

“These are usually created astir bottoming formations of the markets, and arsenic the existent sentiment and indicators are much heavy overextended than FTX, I wouldn’t beryllium amazed to spot $BTC trading betwixt $90-96K successful the upcoming week,” helium told X followers.

Van de Poppe referred to the crypto market’s absorption to the implosion of speech FTX successful precocious 2022, an lawsuit that led to the last signifier of the past carnivore market.

BTC/USD three-day chart. Source: Michaël van de Poppe/X

BTC terms faces decease transverse dilemma

The coming days volition signifier a cardinal trial for Bitcoin marketplace spot arsenic the terms emerges from a classical carnivore awesome connected regular timeframes.

The latest “death cross” connected BTC/USD, formed erstwhile the 50-day elemental moving mean (SMA) crosses beneath the 200-day equivalent, deed connected Nov. 15.

Its implications alteration according to wherever Bitcoin is successful its terms cycle, but nether existent conditions, a large betterment is sorely needed to forestall a lengthy downtrend.

“Note that anterior decease crosses marked section lows successful the market,” commentator Benjamin Cowen wrote successful an X post connected the taxable past week. 

“Of course, erstwhile the rhythm is over, the decease transverse rally fails. The clip for Bitcoin to bounce if the rhythm is not implicit would beryllium starting wrong the adjacent week.”
BTC/USD one-day illustration with 50, 200SMA. Source: Cointelegraph/TradingView


Cowen warned that if specified a “bounce” failed to materialize, the 200-day SMA would beryllium the people for a little high, frankincense extinguishing hopes of a bull-market comeback.

“If nary bounce occurs wrong 1 week, astir apt different dump earlier a larger rally backmost to the 200D SMA which would past people a macro little high,” helium stressed.

The 200-day SMA presently sits astatine $110,130.

As Cointelegraph reported, terms losing the 50-week exponential moving mean (EMA) 2 weeks agone caused a stir, having not seen a play candle adjacent beneath it since March 2023.

Updating X followers, trader and expert Rekt Capital showed that the 50-week EMA present aligns with a macro trendline, perchance reinforcing its presumption arsenic resistance.

“It conscionable truthful happens that the 50-week EMA (purple) tends to beryllium astir confluent with the Macro Downtrend (black),” helium wrote alongside a illustration connected Sunday.

“Turning the 50-week EMA into absorption (or adjacent overextending concisely beyond it but failing to crook it into caller support) portion besides rejecting from the Macro Downtrend would beryllium a motion of weakness and confirmation of a Lower High.”
BTC/USD one-month chart. Source: Rekt Capital/X

Speculators measurement in

Bitcoin terms volatility has sparked drastic alteration among capitalist cohorts, with multimonth lows dividing responses.

New probe from onchain analytics level CryptoQuant this week suggests that the BTC proviso is moving from semipermanent (LTHs) to short-term holders (STHs).

“Long-Term Holders are heavy distributing and selling, portion Short-Term Holders are buying and accumulating,” contributor CryptoOnChain summarized successful a “Quicktake” blog post.

The station examined the rolling 30-day presumption alteration among LTH and STH entities, defined arsenic those hodling for implicit and nether 155 days, respectively.

While “distribution” characterizes LTH investors, newcomers, traditionally considered much speculative successful their trading habits, are absorbing their coins.

“This group, often driven by marketplace excitement, is present ‘Accumulating’ astatine precocious prices,” CryptoOnChain continued, noting that the wide transportation has deed 63,000 BTC.

Bitcoin LTH/STH 30-day nett presumption alteration (screenshot). Source: CryptoQuant


Cointelegraph antecedently reported connected the panic among speculators caught disconnected defender by the marketplace drawdown.

The cohort’s spent output nett ratio (SOPR) — the proportionality of coins moving onchain successful nett oregon nonaccomplishment — reached 15-month lows adjacent 0.927 implicit the weekend.

Bitcoin STH-SOPR. Source: CryptoQuant


Thanksgiving week brings backmost aged data

The coming US macro week whitethorn beryllium shorter than accustomed owed to Thanksgiving, but traders volition person small clip to rest.

The knock-on effect of the authorities shutdown means that a backlog of economical information is making its mode to marketplace — and each people tin interaction sentiment and plus performance.

The coming days volition spot September’s fig successful focus, with some the Producer Price Index (PPI) and Personal Consumption Expenditures (PCE) Index owed out.

Q3 GDP and archetypal jobless claims adhd to the mix, meaning that by the clip Thanksgiving begins, traders’ presumption of the economical outlook whitethorn person changed considerably.

“We person a abbreviated but engaged week ahead,” trading assets The Kobeissi Letter commented connected X.

Fed people complaint probabilities for December FOMC gathering (screenshot). Source: CME Group


Earlier, Cointelegraph reported connected waning expectations for further interest-rate cuts by the Federal Reserve this year. 

The latest likelihood from CME Group’s FedWatch Tool bespeak that expectations of a 0.25% chopped astatine the Fed’s December gathering are present astir 70%.

In the latest variation of its regular investigation series, “The Market Mosaic,” trading assets Mosaic Asset Company noted that Fed officials had themselves flipped much hawkish connected the outlook.

“The minutes of the Fed’s astir caller rate-setting gathering besides noted that ‘many participants’ suggested that it would beryllium due to ‘keep the people scope unchanged for the remainder of the year’ regarding the fed funds rate,” it observed.

Mosaic Asset nevertheless suggested that US stocks were “oversold” and frankincense perchance owed a classical Santa rally into twelvemonth end.

“Recent conditions crossed breadth are besides favoring a rally, which comes arsenic seasonality turns into a large tailwind during this holiday-shortened week,” it added. 

“There are already signs precocious past week that buying unit is rising.”
S&P 500 one-day illustration with RSI data. Source: Cointelegraph/TradingView


Daily comparative spot scale (RSI) connected the S&P 500 concisely slipped beneath 35 past week, marking its lowest speechmaking since April.


Crypto leads successful sentiment rebound

The crypto marketplace sentiment is showing tentative signs of betterment arsenic it surpasses rock-bottom readings successful accepted markets.

Related: Bitcoin $200K soon oregon 2029? Scott Bessent hangs astatine Bitcoin bar: Hodler’s Digest, Nov. 16 – 22

The latest numbers from the Fear & Greed Index and Crypto Fear & Greed Index springiness crypto bulls imaginable for optimism.

After hitting its associated lowest levels for 2025 past week, the Crypto Fear & Greed Index has astir doubled, sitting astatine 19/100 connected Monday. While inactive successful “extreme fear” mode, the Index contrasts with stocks, which person helped nutrient a debased of conscionable 11/100 connected its TradFi equivalent. 

Fear & Greed Index information (screenshot). Source: Feergreedmeter


This represents a alteration from before, erstwhile crypto sentiment led hazard assets lower. Now, crypto’s uptrend whitethorn foreshadow a broader betterment successful hazard assets.

“Bitcoin's sentiment crossed societal media has officially dipped to its lowest constituent since December 11, 2023,” probe steadfast Santiment revealed Friday. 

“According to bullish vs. bearish comments connected X, Reddit, Telegram, and others, retail is capitulating and panic selling astatine a important level we haven't seen successful 2 years.”
Bitcoin sentiment data. Source: Santiment/X


At the aforesaid time, Kobeissi reiterated that a wide quality oregon macro trigger had not accompanied the comedown successful some crypto and stocks.

The correction, it argued, was “structural” successful quality and much a effect of leverage and liquidations.

“Leverage is amplifying shifts successful capitalist sentiment,” an X thread connected the taxable read.

This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.

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