Bitcoin climb to continue as selling pressure eases: Analysts
Bitcoin’s recent attempt to recover has sparked cautious optimism among market watchers after the cryptocurrency briefly dipped into the $80k–$82k range on Friday. Analysts note that selling pressure appears to be easing, allowing the market to stabilize after a sharp pullback. Early technical signals are showing signs of firmness, suggesting that downside momentum may be cooling and giving traders room to reassess short-term direction.
Observers also highlight improving macro sentiment, particularly a renewed rise in expectations for upcoming rate cuts, which could support Bitcoin’s price in the near term. With key economic events approaching over the weekend, many believe the combination of calmer risk conditions and supportive policy speculation may help the market regain confidence and potentially extend Bitcoin’s rebound.
Market snapshot and what changed
Bitcoin briefly fell to roughly $80.6k–$81.9k on Nov. 21 before bouncing, leaving it ~30–36% below its early-October all-time high around $126k. Equities and crypto have traded in tandem on shifting rate expectations, with last week’s downdraft reversing as traders re-price odds of a December Fed cut. MarketWatch+2TradingView+2
Why Bitcoin selling pressure eases matters now
Swissblock reports its Risk-Off Signal is dropping toward zones that historically align with BTC bottoms, suggesting sell-side pressure is abating and the worst of capitulation may be behind provided any follow-up selling is weaker and holds the prior lows.
Signals that Bitcoin selling pressure eases
Risk-off gauges retreating from extremes (Swissblock).
Price defending or reclaiming prior swing lows after the initial dump.
Macro tailwinds: Fed cut odds near ~69% for December, easing financial conditions.
Improving breadth relative to the first leg down.
Macro backdrop: the rate-cut lever
The CME FedWatch Tool shows elevated probabilities for a 25 bps cut at the Dec. 10 FOMC meeting, a swing from ~30% last week to roughly ~69% more recently. That re-pricing supports risk assets and could carry Bitcoin “somewhat higher,” according to Capriole Fund’s Charles Edwards
What to watch this week
Second-wave test
A weaker follow-up selloff that holds last week’s lows would be a reliable bottom signal, per Swissblock.
Liquidity & ETFs
Depth and flows after November’s heavy outflows/liquidations.
Cross-asset tone
Tech stocks’ stabilization often bleeds into crypto sentiment.
Context & Analysis
Bitcoin’s path depends on whether a second, shallower wave of selling emerges and fails to break last week’s lows. A firming macro bid (rate-cut odds) and easing risk-off signals improve odds for stabilization, but thin liquidity after October’s crash leaves rallies vulnerable to headlines and ETF flow shocks.
Conclusion
If Bitcoin continues to see reduced selling pressure and manages to defend its recent lows during any retest, analysts believe the market could extend its recovery. Improving expectations for upcoming rate cuts are also adding support, giving bulls a stronger foundation to argue for short-term stabilization.
However, the outlook remains conditional. A clean break below Friday’s trough would undermine the current bottoming narrative and signal that downside risk is still in play. Such a move could shift sentiment quickly, forcing traders to reassess the strength of the recovery and prepare for the possibility of deeper corrective price action.
FAQs
Q : Is the worst of the selloff over?
A : Analysts say risk-off signals are fading; a weaker second wave that holds the lows would strengthen a bottoming case.
Q : What level did Bitcoin hit on Friday?
A : Intraday lows were around $80.6k–$81.9k, depending on venue.
Q : How do Fed rate-cut odds affect BTC?
A : Higher cut odds can lift risk assets by easing financial conditions, often supporting Bitcoin.
Q : Could there be another leg down?
A : Yes. Swissblock notes a typical second, weaker wave — holding the previous lows is critical.
Q : What are analysts like Charles Edwards saying?
A : Capriole’s Charles Edwards says “as the market reverts,” BTC could gradually drift higher.
Q : Where does liquidity fit into this?
A : Post-crash liquidity and ETF flows are crucial to sustaining any bounce.
Q : Does this mean a new rally is guaranteed?
A : No. Macro surprises or renewed outflows could still pressure prices again.
Facts
Event
Analysts highlight easing sell pressure and potential continuation of BTC recoveryDate/Time
2025-11-24T10:00:00+05:00Entities
Bitcoin (BTC), Swissblock (Risk-Off Signal), Capriole Fund (Charles Edwards), CME FedWatch Tool, Coinbase/TradingView price feedsFigures
~$80.6k–$82k Friday low; ~30–36% off ~$126k ATH; ~69% odds of a 25 bps December cut (indicative). MarketWatch+2TradingView+2Quotes
“As the market reverts, expect it will carry Bitcoin somewhat higher.” — Charles Edwards (X) X (formerly Twitter)Sources
MarketWatch; Forbes; TradingView News/Cointelegraph; CME FedWatch