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Bitcoin Updates: Is Bitcoin Experiencing a 2019-Like Recovery? Discussions Sparked by Market Mood and Liquidity

Bitcoin Updates: Is Bitcoin Experiencing a 2019-Like Recovery? Discussions Sparked by Market Mood and Liquidity

Bitget-RWA2025/11/23 19:50
By:Bitget-RWA

- Bitcoin's price swings between bearish and bullish signals, with analysts divided on its recovery from a seven-month low. - Technical indicators and historical patterns suggest a potential reversal, as Bitcoin tests key support levels and retail pessimism precedes past rebounds. - Historical parallels to 2019 and anticipated quantitative easing fuel optimism, though macroeconomic uncertainties and recent liquidations pose risks. - Experts caution against volatility, noting mixed market reactions and the

Bitcoin’s value has fluctuated between bearish and bullish trends in recent weeks, leaving experts divided on whether the cryptocurrency can recover from its lowest point in seven months. After falling below $87,000 on November 20, 2025, the leading digital currency rebounded to approximately $92,600 by November 19,

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Bitcoin Updates: Is Bitcoin Experiencing a 2019-Like Recovery? Discussions Sparked by Market Mood and Liquidity image 0
Technical analysis points to a possible trend reversal. has maintained a symmetrical ascending channel since early 2023, and its recent test of the lower range near $86,300- -has caught the eye of market participants. Blockchain analytics provider Santiment observed that retail traders are growing more negative, with some expecting a decline below $70,000. Nevertheless, where sentiment often reverses, hinting at a potential upward correction. CoinMarketCap’s Fear and Greed Index, now at a yearly low of 15/100, adds weight to this perspective. , based on historical records.

Past events also provide reasons for optimism.

, Bitcoin experienced a rapid surge as liquidity returned to the market during a period of Federal Reserve easing. Some analysts see similarities with the current situation, where expected monetary easing could boost demand for cryptocurrencies. At the same time, . As Bitcoin regained the $93,500 mark, altcoins such as and jumped over 5% within a day, indicating different approaches among investors.

Nonetheless, obstacles remain. The latest downturn was intensified by $914 million in liquidations, with long traders suffering $703 million in losses. Broader economic factors—

and major investors reducing their holdings—have also dampened market sentiment. was fueled by “buying the dip,” but warned that a move above $94,000 is necessary to confirm a lasting uptrend.

Specialists caution that volatility remains a significant concern. "

, and investors should only participate after fully understanding the associated risks," one expert stressed. While both technical and sentiment indicators suggest a possible recovery, market players are urged to stay vigilant given the ongoing economic uncertainties.

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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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