Bitcoin Secures Clear Way Up – Will it Last?

In Brief

• Analysts suggest Bitcoin’s recent rebound shows signs of continued upward momentum.
• Several indicators, including the Sharpe Ratio and Puell Multiple, point toward a bottom.
• Bitcoin is attempting to break key resistance levels, which could lead to the wider market rally.

Shedrach Kongvong 2025-11-28

Bitcoin started recovering in a fresh rally on 26 November, lifting the spirits of crypto fans and the uptrend may continue. A famous crypto analyst says Bitcoin has finally gotten a clear way up, and things could get interesting from here.

The analyst cited the bullish divergence that the coin is forming, which he said indicates that the current bull trend will continue. The bullish divergence is a price pattern that shows an upward potential despite contrasting price movements.

A clear uptrend on the markets for $BTC.

An interesting indicator to note is that there's an hidden bullish divergence on the markets.

This hidden bullish divergence implies that the trend continues.

Given that there's so much pain in the recent crash as it was the heaviest… pic.twitter.com/Cx1WBEPDQr

— Michaël van de Poppe (@CryptoMichNL) November 27, 2025

Pain Suggests Bitcoin Rebound is Due

The crypto market has seen a significant amount of pain in this cycle. The flash crash in October followed by a consistent correction to the downside shook countless shorter-term holders out as they struggled to cut losses caused by the biggest liquidation in crypto history.

According to the analyst, the high level of pain also suggests that a rebound may be due for Bitcoin following the monumental crash from $126,000 to $83,000. More indicators such as the Bitcoin Sharpe Ratio which measures the amount of losses compared to rewards as a sign of reversal also support this thesis.

A clear uptrend on the markets for $BTC.

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An interesting indicator to note is that there's an hidden bullish divergence on the markets.

This hidden bullish divergence implies that the trend continues.

Given that there's so much pain in the recent crash as it was the heaviest… pic.twitter.com/Cx1WBEPDQr

— Michaël van de Poppe (@CryptoMichNL) November 27, 2025

After its rebound from the $83,000 low, Bitcoin rose sharply to $89,000 which it couldn’t hold, but found support at $86,000 from which it started the current uptrend. Another analyst has highlighted another indicator that points to a Bitcoin bottom.

The Puell Multiple marks a Bitcoin bottom when it drops to 0.5 and was at 0.67 as of 26 November and expected to drop lower towards to confirm the bottom.

Will the Bitcoin Uptrend Last?

Bitcoin has made attempts at breaking upward a few times, but the resistance at $91,000 has hindered this. Similarly, analyst Crypto Tony says the coin has to hit $91,750 to confirm the breaking of this hurdle, opening the way to $93,400 as the next target.

$BTC / $USD – Update

Ok so here is our new range we should be entering soon. Pay attention and play it when it comes. Long if we can reclaim $91,750 range low into support. Ultimate target $93,400 YO pic.twitter.com/KcIpAQcTgy

— Crypto Tony (@CryptoTony__) November 28, 2025

At the time of this report, Bitcoin is trading at $91,558 after inching upward today according to Coinmarketcap. If the upward trend continues, altcoins may follow suit leading to a general market recovery, but how long the rally will last is a different issue entirely.