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Bitcoin Summer: $80,500 Was the Key Low of This Market Cycle, But It Doesn't Mean the Bear Market Is Over

2025.11.23 09:40:18

On November 23rd, the prominent Chinese crypto analyst Banmuxia stated on social media that the bullet-loading moment for Bitcoin has come. $80,500 can basically be confirmed as an important low point of this bear market, and it may even be the lowest point. However, this does not imply that the bear market has ended. This round of the bear market has been running for more than 3 months and may continue for another 3-4 months, but this is a sideways bear market. (ps: This is just an analysis. Specific trading should be planned carefully. However, spot transactions can be steadily bought and held until the end of the next bull market.)
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