Key Notes
- Analyst predicts US authorities liquidity injection of as much as $70 billion might push Bitcoin to $116K by late November.
- Quick-term evaluation suggests BTC could first dip to $104K attributable to CME hole and technical indicators earlier than rallying.
- CrypNuevo maintains 100% win charge throughout 13 latest trades, lending credibility to the forecast.
Bitcoin
BTC
$87 843
24h volatility:
0.5%
Market cap:
$1.75 T
Vol. 24h:
$65.58 B
may very well be getting ready itself for the subsequent rally {that a} outstanding analyst believes might occur by Thanksgiving and Black Friday, by the tip of November. The skilled dealer, nevertheless, appears to consider BTC is just not out of the woods but and will revisit decrease costs as a subsequent step earlier than this bullish transfer.
The analyst is CrypNuevo, knowledgeable dealer with notable accuracy in his public calls, made on X and in an open Telegram group, who registered a 100% win rate in 13 recent trades, as Coinspeaker reported on Oct. 27, overlaying a earlier evaluation.
On Nov. 8, he explained his thesis that the US Authorities reopening will inject “some fascinating liquidity” into the market, which is predicted to have already occurred “by Thanksgiving and Black Friday,” on Nov. 27 and 28, respectively. This could push Bitcoin’s value to the upside, along with different markets that would obtain a part of the liquidity coming from the delayed payouts of as much as $70 billion, in line with CrypNuevo.
In a submit on X on Sunday, Nov. 9, the dealer doubled down on this concept, warning that the reopening might occur within the week earlier than Thanksgiving—between Nov. 17 and 20. The goal is a two-month vary excessive at round $116,000, with a large liquidity pool above it that the analyst has been focusing on because the Oct. 10-11 crash.
$BTC Sunday replace:
Value reached our goal from final Sunday – a really fascinating stage:
1W50EMA, Oct tenth lengthy wick crammed, Vary lows & $100k psychological stage.
That is how I will be buying and selling subsequent week:
🧵↓(1/7) pic.twitter.com/ICuEdeLEN4
— CrypNuevo 🔨 (@CrypNuevo) November 9, 2025
Bitcoin Quick-Time period Value Evaluation Earlier than Thanksgiving Rally
However, a newer evaluation warns merchants that Bitcoin is just not out of the woods but and the main cryptocurrency might revisit decrease costs earlier than the forecasted Thanksgiving rally.
It’s because “there’s a small CME hole,” within the analyst’s phrases, “in confluence with 1h50EMA retest, vary highs & Asian pump retrace.”
$BTC replace:
$105.5k liquidations hit and extension to $106.5k resistance executed🤝
Now seeking to commerce the retrace > continuation, the second transfer:
Value might drop to low $104ks the place there’s a small CME hole in confluence with 1h50EMA retest, vary highs & Asian pump retrace. https://t.co/5pCUcVOlJP pic.twitter.com/nLPDFgRUrV
— CrypNuevo 🔨 (@CrypNuevo) November 10, 2025
A CME hole refers back to the value distinction between the closing value of Bitcoin futures on the Chicago Mercantile Change (CME) on Friday and the opening value when buying and selling resumes on Sunday. That is usually used as an indicator along with different main indicators just like the 50-period exponential transferring common, which CrypNuevo additionally mentions in his evaluation, hovering across the identical stage because the hole.
All this confluence strengthens the prediction that targets a value as little as $104,000, with some potential deviation to the draw back earlier than BTC can transfer to a rally that goals to recuperate the worth loss from the unprecedented crash that liquidated over $19 billion in mid-October.
Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed data however shouldn’t be taken as monetary or funding recommendation. Since market situations can change quickly, we encourage you to confirm data by yourself and seek the advice of with knowledgeable earlier than making any selections primarily based on this content material.
Vini Barbosa has lined the crypto trade professionally since 2020, summing as much as over 10,000 hours of analysis, writing, and enhancing associated content material for media shops and key trade gamers. Vini is an lively commentator and a heavy consumer of the know-how, really believing in its revolutionary potential. Subjects of curiosity embrace blockchain, open-source software program, decentralized finance, and real-world utility.
