BTC, a quick path to wealth? Three major bottom signals appear on the technical side, potentially leading to a 50% level rally next month

Three Major Positive Signals Emerge, Bottom Signal Becoming More Clear

Bitcoin is currently at a critical technical juncture — multiple analysis indicators are pointing to a single conclusion: the correction cycle is about to end.

Crypto analyst Sykodelic recently discovered an interesting pattern by tracking historical data: Whenever the 50-day moving average on the Bitcoin daily chart crosses below the 200-day moving average (the “death cross” pattern), the market tends to find a bottom within 5 days, followed by an average rebound of over 45%. This technical pattern has almost always marked a phase bottom over the past 7 years.

Specifically, this pattern has been validated multiple times in history:

• During the 2018 death cross, BTC found support at $6,480 and then rose about 50%
• In March 2020, after the bottom at $3,907 confirmed by the crossover signal, the market surged to $68,000
• In April 2025, after panic triggered by the “tariff turmoil,” BTC dropped from $120,000 to a bottom of $74,000, ultimately rebounding by 69%

Currently, only 2 to 3 days remain before the next death cross. According to Sykodelic’s analysis, BTC is expected to bottom around $95,000 before November 21, then potentially launch a strong rebound targeting $145,000.

On-Chain Data Also Speaks

Technical signals are not isolated. The on-chain analysis platform CryptoQuant provides strong supporting evidence.

Approximately 5 million BTC are currently in unrealized loss. Interestingly, the last time this data point appeared was on April 7, 2025, when BTC was priced at $74,508, and the market then experienced a strong rebound of 69%. The reappearance of this figure now suggests that history may be repeating itself.

Even more noteworthy is that Bitcoin’s Net Unrealized Profit/Loss (NUPL) has fallen to 0.476 — historical experience shows that whenever this indicator drops below 0.5, the probability of a market bottom and rebound significantly increases. CoinCare’s analysis team notes that the current data structure closely resembles the situation before the April rebound, indicating that a short-term rally is rapidly building.

Secrets Revealed by Technical Charts

On shorter timeframes, technical analyst CryptoFabrik identified a Falling Wedge pattern on the 4-hour chart. This pattern typically indicates that selling pressure is gradually weakening and consolidation is nearing completion. According to expectations, this pattern could break out within the next week. If the breakout is successful, the target could reach around $120,000.

Risks and Opportunities Coexist

Based on technical analysis, on-chain data, and chart patterns, all signals point to the same conclusion — the bottom is approaching. If historical patterns continue, the price range from $95,000 to $145,000 may be just around the corner.

However, it’s important to note that short-term volatility could still be intense. Currently, BTC is at $87,830. Investors should pay attention to this critical late-November timeframe while remaining cautious of overly emotional trading behaviors. Panic selling is often the easiest mistake for retail investors, especially when data already clearly indicates a rebound signal.

Wait for confirmation, don’t jump the gun.