Historical data from the past seven years indicates that Bitcoin could reach a short-term bottom near $95,000 before rallying to around $145,000, according to crypto analysts.
Analyst Sykodelic noted that every time the 1-day 50-day and 200-day simple moving averages (SMA) cross downward—a formation known as a death cross—Bitcoin has marked a local bottom within approximately five days, followed by at least a 45% price increase. The next death cross is expected around November 21, 2025.
Historical examples support this pattern:
- In 2018, Bitcoin bottomed at $6,480, then rose 50%.
- During the March 2020 crash, Bitcoin hit a local low of $3,907, later rising to $68,000.
- In April 2025, Bitcoin bottomed at $74,000 on the day of the death cross, before a 69% rally.
Sykodelic said the $95,000 level may serve as the next short-term bottom, with a strong upward reversal expected. “Bitcoin is going to rally to at least $145,000 from here,” he added.
Data from CryptoQuant supports this outlook. Over 5 million Bitcoins are currently in loss, a condition similar to the one before April’s 69% rally. The Net Unrealized Profit (NUP) is also signaling a potential bottom at 0.476, below the 0.5 threshold that historically marks short-term lows.
Technical analysis by CryptoFabrik shows that Bitcoin is forming a falling wedge pattern on the 4-hour chart, indicating a likely breakout in the coming days. A successful breakout could push the price toward $120,000 initially, with potential for further gains.
Analysts caution investors not to panic sell near these lows, as historical trends suggest a significant bounce following the death cross pattern.
