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 &#8216;Reflex Rally&#8217; 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. Related Reading: Hyperliquid (HYPE) Ready For A Significant Surge To 
$50: Key Levels Identified 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. Related Reading: Bitcoin Price Future: The 
Polarized Predictions Between Bulls And Bears—Who Will Prevail? 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&#8217;s close correlation with the S&amp;P 500. McGlone pointed out 
that the S&amp;P 500&#8217;s 120-day volatility was at its lowest year-end level since 
2017, indicating potential headwinds for Bitcoin. Featured image from DALL-E, 
chart from TradingView.com

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

Analysts expected more Solana ETFs to go live in 2025, as investors chase 
yield-bearing opportunities through staking and network validation.

CoinShares withdraws SEC filing for staked Solana ETF

Bitcoin may be closing in on a new all-time high after moves in the 
derivatives market and fresh buying from large holders, according to market 
watchers and on-chain data. Related Reading: Crypto Wins Big: Thailand Moves 
To A 0% Tax On Local Exchange Gains Max Keiser, a long-time Bitcoin advocate, 
pointed to a filing by Nasdaq to increase options limits for BlackRock’s IBIT 
to 1 million contracts — a jump that represents roughly a 40x expansion from 
prior levels — as a key development that could remove barriers to bigger 
institutional flows. Options Market Expands Significantly According to Nasdaq 
paperwork and public commentary, the previous 25,000 contract cap had been 
seen by some as too small for rising volume. Market experts argued that 
earlier limits were “discriminatorily small” and suggested that 400,000 
contracts would be a more reasonable baseline given current demand. Some 
described the change as a move that could place IBIT into a mega-cap 
derivatives category, unlocking follow-on effects for how banks and funds 
structure exposure to bitcoin. I first explained this in 2017: Now that BTC 
derivatives market was just expanded by 40x New ATH’s are in play. **November 
2, 2017** Max Keiser first discussed Bitcoin market makers needing to expand 
their inventory to support higher prices in this X post: &#8220;Wall St traders… 
https://t.co/aBQ5DdSDay — Max Keiser (@maxkeiser) November 27, 2025 Banks And 
Market Makers React Market makers will be able to hedge larger positions 
without hitting the old size wall, which can lower spreads and deepen 
available liquidity. Based on reports, that also means banks can build 
structured notes that use IBIT as a reference without tripping existing risk 
caps — and JPMorgan is reportedly preparing Bitcoin-backed structured notes 
that would track BlackRock IBIT. Those products could channel steady, 
institutional flows into the market rather than one-off spikes. On-Chain 
Buyers Step In According to Glassnode’s Accumulation Trend Score by cohort, 
holders of 10,000 BTC or more have flipped to net accumulation and now show a 
score of 0.8, signaling strong buying. The 1,000 to 10,000 BTC group has also 
turned positive for the first time since September, while the 100 to 1,000 BTC 
cohort has been in active accumulation since October and continued buying 
through recent declines. Even retail holders with less than 1 BTC are showing 
their strongest accumulation since July. Price Action And Value Zones 
Bitcoin’s price behavior supports the buying narrative. The token fell into 
the low $80,000 area that served as support in May and then climbed back above 
$90,000 quickly, which many traders took as a sign that the market sees value 
in the $80,000 zone. Based on reports, the average cost basis for US spot 
bitcoin ETFs was near $82,000, and that figure has been cited as a reason 
institutions found the dip attractive. Related Reading: Bitcoin Faces More 
Downside After Recent Crash, Data Shows Market Risks And Short-Term Noise 
Keiser had warned previously that when size limits blocked hedging, the market 
would be prone to pullbacks — and some analysts say that is part of the reason 
for recent volatility. Expanding the options cap allows volume sellers to 
enter more smoothly, which could reduce erratic swings but will not erase 
market risk. Price spikes are still possible and downside moves remain a real 
threat if flows slow or macro conditions shift. Featured image from Gemini, 
chart from TradingView

Bitcoin Maxi Says ATH Back On The Table After 40x Derivatives Surge

Cryptocurrency analysts have identified technical patterns suggesting Bitcoin 
could decline to $41,000, according to recent market analysis shared this 
week.

Analysts predict Bitcoin price could drop to $41k based on technical patterns

Cleanspark, Riot, Cipher and Circle rose higher as the odds of a US rate-cut 
in December reached its highest level of the month on the prediction market.

Cryptocurrency price in MXN