Bitcoin is experiencing a significant decline this November, nearing 17%, which may lead to its worst performance for the month since 2019. Analyst Nick Ruck from LVRG believes this downturn could actually position Bitcoin favorably for a positive start in 2026.

“While November will be printing in the red for crypto, the capitulation signals an opportunity for smart investors to start buying back in,” stated Ruck.

Bitcoin’s current trading level is around $91,500, which is close to its November 2019 losses of nearly 17.3%. Historically, the most severe November was in 2018, with a drop of 36.5% following the peak in 2017. The previous year, 2022, saw a decline of 16.2% as well.

Long-term Optimism for Bitcoin

Crypto educator Sumit Kapoor remarked that typically, November has been strong for Bitcoin. However, he noted the current trend may lead to the worst November since 2018.

“Every time Bitcoin has had a red November, December has also ended red.”

Justin d’Anethan from Arctic Digital indicated that many crypto investors anticipate a predictable four-year cycle that historically ensures positive movements toward year-end, a pattern that could be disrupted by early institutional involvement.

The technical analysis suggests Bitcoin might close the month at $93,000, with predictions for bullish signs if it maintains upward momentum.

BTC was last observed at $91,600, showing little movement over the past 24 hours, having struggled to surpass $92,000.

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