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Three Reasons Why Bitcoin Will Lead a Major Crypto Bull Rally In The Coming Weeks

Three Reasons Why Bitcoin Will Lead a Major Crypto Bull Rally In The Coming Weeks

Coinpedia2025/11/20 05:42
By:Coinpedia
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Bitcoin (BTC) price led the wider crypto market in bearish sentiment on Wednesday, November 19, 2025. The flagship coin dropped over 3% to hit a range low of about $88.5k before rebounding to trade around $90.5k at press time. 

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The total crypto market cap dropped 3.5% to hover around $3.07 trillion, below its 2021 peak. As a result of the heightened bearish sentiment, more than $651 million was liquidated from crypto leveraged traders, with around $491 million involving long traders. 

According to on-chain data from CryptoQuant, Bitcoin traders and short-term holders have been on a selling spree. On the other hand, Bitcoin miners and long-term holders have not been selling their coins.

Traders and short-term holders are selling.
Miners and long-term holders are not selling. pic.twitter.com/56tiUkDbki

— Ki Young Ju (@ki_young_ju) November 19, 2025

Based on historical data, Santiment has concluded that the crypto market often moves in the opposite direction of retail traders. With the notable capitulation of retail traders, a potential crypto rebound is more probable in the coming weeks.

According to James Thorne, the Chief Market Strategist at Wellington-Altus, Bitcoin is well-positioned to repeat its price action after the 2019 U.S. government shutdown. 

“Bitcoin bottomed on February 7, 2019, at $3300, 13 days after the U.S. government reopened (January 25, 2019). Then rallied from this low, rallies over the next five months to peak near $13,000 on June 26, 2019, 139 days after the shutdown ended. History rhymes,” Thorne noted .

From a technical analysis standpoint, the Bitcoin price has recently retested a crucial support level above $90k. After filling its daily CME gap above $92k, BTC price has signaled a potential rebound ahead.

Three Reasons Why Bitcoin Will Lead a Major Crypto Bull Rally In The Coming Weeks image 0 Three Reasons Why Bitcoin Will Lead a Major Crypto Bull Rally In The Coming Weeks image 1

Source: TradingView

Moreover, the daily Relative Strength Index (RSI) has dropped to its oversold levels.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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