The post Crypto Is Bottoming, Not Collapsing: Why $BEST Looks Built for the Next Rally appeared on BitcoinEthereumNews.com.

Takeaways: Bitcoin’s November 2025 death cross arrived after a 30%+ drawdown, but recent cycles show this pattern usually marks a local bottom. Institutional buyers, including endowments and sovereign funds, are accumulating around the $80K zone while retail sentiment flashes fear near multi-month lows. Best Wallet pairs a mobile-first, multi-chain, non-custodial wallet with a presale and DeFi access layer, aiming to be a full Web3 control center. Best Wallet’s ($BEST) $17.4M presale ends in 4 days, after staking a claim as one of the best presales of 2025. Bitcoin just printed the kind of chart pattern that usually sends Crypto Twitter into full meltdown mode. November’s ‘death cross’ – the 50-day moving average slipping below the 200-day – hit after a brutal 30%+ drawdown from October’s all-time high above $120K, knocking the price into the mid-$80K range and wiping out 2025’s gains on paper. The $903M+ in outflows for Bitcoin on November 20 didn’t help either. Since the 2023 bull cycle kicked off, every death cross that formed while the 200-day trend stayed bullish marked a local bottom, not the start of a new crypto winter. Historical data back to 2017 shows each of these crosses was followed by a strong rebound, often 45% or more, and sometimes all the way to new highs. This time, the same setup is in play. After the November 16 cross, Bitcoin has already dropped roughly a third from the peak, with key support building in the $80K zone and a thick resistance band sitting around $92K–$94K. If that $80K area holds, the pattern argues for a classic relief rally into year-end rather than a full-scale breakdown. If the market is closer to a bottom than a collapse, the question shifts from ‘is crypto over?’ to ‘what has the best asymmetry into the next leg…

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Filed under: News - @ November 24, 2025 2:28 pm