📊 Trade Logic (Short & Clean) SUPER bounced hard from 0.1818 and reclaimed short-term momentum. Price attempting to hold above 0.250 support cluster, showing buyer aggression. A break & hold above 0.280 confirms trend continuation. Current candle shows increasing volume → early accumulation signs.
My opinion MBL woke up with a strong impulse and the first push has already cleared a major wall. This pullback is normal after a sharp burst. If buyers step back above 0.00175 with some real volume, the chart can easily attempt another leg up.
Bitcoin may be sitting on one of its biggest asymmetric opportunities in years, according to crypto analyst André Dragosch, who says the asset looks wildly misaligned with what forward-looking macro signals are actually suggesting. “The last time I saw this kind of skewed risk-reward was during COVID,” said Dragosch, head of research at Bitwise Europe, in a post on X. He was referring to March 2020, when pandemic panic sent Bitcoin crashing from roughly $8,000 to below $5,000 — only to spark one of the strongest bull cycles in crypto history. Macro Conditions Resembling Early-COVID Extremes Dragosch argues today’s backdrop echoes that same environment. Bitcoin, he says, is currently priced as if global growth is falling off a cliff — despite signals that the macro tide may be turning. He points to aggressive Fed tightening, lingering fallout from the FTX collapse, and broader recession concerns as factors that have already been heavily priced in. “Bitcoin is basically trading as if we’re already deep in a recession,” he said, noting the asset has absorbed “a lot of the bad news” already. Meanwhile, U.S. Treasury Secretary Scott Bessent assured the public on Sunday that the U.S. is not headed toward a recession in 2026, countering the market’s gloom. Price Weakness Amid Shifting Sentiment Bitcoin has struggled to keep pace with broader market optimism in recent weeks. After setting fresh all-time highs at $125,100 on October 5, momentum broke following a massive $19 billion liquidation cascade on October 10. That sell pressure intensified after President Donald Trump announced sweeping 100% tariffs on Chinese goods, sending risk assets wobbling. Bitcoin has since slipped below the key $100,000 psychological line and even dipped under $90,000 on November 20 before rebounding. Over the past 30 days, BTC is down 17.33%, according to CoinMarketCap. Adoption Moves Forward Anyway Even with price turbulence, crypto adoption continues to push into new territory. Digital assets remain widely used across global crypto casinos for secure withdrawals, and the trend shows little sign of slowing in a bearish market. Notably, the UAE — long known for strict gambling bans — has begun opening the door to licensed online casino operations. The GCGRA recently authorized Play 971, the first online casino in the country, signaling a shift toward blockchain-based gaming platforms. Macro Tailwinds Could Reignite Growth Dragosch believes the global economy may be entering a recovery phase supported by previous rounds of monetary easing — a setup he compares to the powerful post-COVID rebound. “I genuinely think we’re staring at a similar macro setup right now,” he said, suggesting 2026 could see meaningful acceleration. Market Split on What Comes Next Investors remain divided on whether Bitcoin’s correction is a warning sign or a springboard. Analyst Alessio Rastani told Cointelegraph that the recent sell-off doesn’t necessarily mark the start of a long-term downturn. Instead, he noted that similar patterns historically precede strong rallies nearly 75% of the time. BitMine chair Tom Lee echoed that optimism, forecasting Bitcoin’s return above $100,000 before year-end — and hinting that new all-time highs could follow.
$MBL just delivered a powerful breakout with strong momentum. A brief pullback may come, but if price holds above support, another push toward the 0.00230+ zone looks highly likely.