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Breaking News: Bitcoin Price To Recover $100,000: BTIG Cites Key Reasons For Optimism
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Breaking News: Bitcoin Price To Recover $100,000: BTIG Cites Key Reasons For Optimism

Bitcoin Price To Recover $100,000: BTIG Cites Key Reasons For Optimism

Ronaldo Marquez
Ronaldo Marquez
Last Updated: November 28, 2025 9:03 pm
2 mins read
Bitcoin

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The Bitcoin price has recently stabilized above the $90,000 mark, sparking renewed optimism among bullish investors. Analysts at BTIG have suggested that this rebound could propel Bitcoin towards its ambitious target of $100,000. 

Bitcoin Price Positioned For ‘Reflex Rally’

Jonathan Krinsky, an analyst at BTIG, expressed confidence that the Bitcoin price is positioned for a continued “reflex rally,” potentially reaching $100,000 in the short-term. 

Historical data indicates that Bitcoin typically reaches a bottom around November 26, gaining momentum as the year comes to a close. This seasonal pattern further bolsters the prospects for the cryptocurrency in the coming weeks.

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Another focal point for BTIG is Strategy (previously MicroStrategy), which the analyst views as a candidate for a mean reversion trade. The firm maintains a buy rating on MicroStrategy with a price target set at $630.

The analyst also highlighted that the week of Thanksgiving often aligns with momentum resets for digital assets, reinforcing expectations for a tactical upward movement into December.

Reversion Ahead To $50,000

Adding to the optimistic outlook, market analyst Rekt Capital recently mentioned that if the Bitcoin price can reclaim its position above the $94,180 mark, it would flip the 2025 yearly candle into a green one, substantiating theories of a potential rally for the leading cryptocurrency in the waning days of the year. 

However, Bitcoin must navigate certain hurdles to sustain this momentum. Rekt noted that for Bitcoin to build on its current prospects and approach the Macro downtrend line, it would require a weekly close above approximately $93,500, turning that level into support, similar to patterns observed in previous green cycles.

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At the same time, Mike McGlone, an analyst at Bloomberg, has voiced concerns on social media regarding the Bitcoin price trajectory for the coming days. 

He suggested that a typical reversion to around $50,000 might be in the books now, emphasizing Bitcoin’s close correlation with the S&P 500. McGlone pointed out that the S&P 500’s 120-day volatility was at its lowest year-end level since 2017, indicating potential headwinds for Bitcoin.

Bitcoin price
The daily chart shows BTC’s price consolidating above the key $91,000 mark. Source: BTCUSDT on TradingView.com

Featured image from DALL-E, chart from TradingView.com 

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Ronaldo Marquez
Ronaldo Marquez

Ronaldo Marquez

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies.

Read more

Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology.

Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry.

One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision.

Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities.

Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth.

However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape.

Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge.

With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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