BTC Rising Sharply? Be careful, analysts say this could be a false rise

Jakarta, Pintu News – The cryptocurrency market has recently shown signs of recovery, but analysts warn that this may only be a temporary gain. In the past 24 hours, Bitcoin (BTC) and most other top 20 cryptocurrencies have been on the rise.

Bitcoin Recovery: Temporary?

Bitcoin (BTC) peaked at $89,000 on Monday, after experiencing an increase over the weekend. However, the price has since adjusted to $87,755, showing a modest gain of 0.23% in a day.

Despite the price increase, technical analysts remain skeptical of the sustainability of this trend. They indicate that this price increase could be just a temporary bounce, or what is often referred to as a “dead cat bounce”.

Also read: Institutional Investors Withdraw $1.94 Billion in Crypto Funds in a Week!

Technical Analysis and Market Patterns

Elja, a crypto analyst, examines Bitcoin’s technical setup on a weekly chart after the price dropped to $82,000. Meanwhile, Ted Pillows, a market analyst, described the recent price increase as a “relief bounce” and not a significant change in sentiment.

He added that short price bounces often spark renewed optimism among traders. Additionally, Titan of Crypto highlighted Bitcoin’s strong reaction at Senkou Span B (SSB), the lower boundary of the bullish Ichimoku Kumo cloud, but still warned that this bounce is unlikely to last.

Read also: Franklin ETF Surprises the Market: XRP, Solana, and Dogecoin Officially Listed!

Market Predictions and Expectations

Another market watcher highlighted the appearance of a head-and-shoulders pattern on BTC’s monthly chart, which is a classic bearish pattern that often signals trend exhaustion and the potential for a deeper reversal if the neckline breaks. However, not all analysts agree with this view.

Peter Anthony, an analyst, believes that traders will continue to call any rebound a “dead cat bounce,” despite Bitcoin moving towards the $100,000 region. BeInCrypto also reported that many analysts have stated that the bottom has been reached, and the next few weeks will be crucial for the direction of the Bitcoin market.

Conclusion

With varying views from analysts, the Bitcoin market is currently at a crossroads. Whether this rise will continue or Bitcoin will experience a further decline, only time will tell. Investors and traders are advised to remain vigilant and follow market developments closely.

FAQ

What is a “dead cat bounce”?

A “dead cat bounce” is a market term used to describe a temporary price recovery in a downward trend, where the price goes back down after a short bounce.

What is the highest price Bitcoin has reached recently?

Bitcoin (BTC) recently hit a high of $89,000.

What is a head-and-shoulders pattern?

A head-and-shoulders pattern is a chart formation that indicates a trend reversal from bullish to bearish and often signals trend exhaustion.

Do analysts believe that Bitcoin will reach $100,000?

Some analysts, such as Peter Anthony, believe that Bitcoin (BTC) has the potential to reach $100,000, although there is debate among analysts about this.

What is Senkou Span B (SSB)?

Senkou Span B (SSB) is one of the components of the Ichimoku Kumo Cloud, which is used in technical analysis to determine potential price support or resistance.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• BeInCrypto. Bitcoin Support Dead Cat Bounce Analysis. Accessed on November 26, 2025
• Featured Image: ValueWalk