Bitcoin’s Whiplash Weekend Has Traders Asking: Bounce or Breakdown?

Crypto Education’s latest emergency episode of Trading Spaces dropped on 25 November, and the timing could not have been more on-brand.

Bitcoin had just pulled off a full stomach-churning dive, sliding to $80,000 on Friday before clawing its way back to about $90,000 over the weekend.

U.S traders spent the whole time wondering whether they were watching a dead cat bounce or the early pulse of a recovery.

Matt Howells-Barby, Kraken’s VP of growth, set the tone. “Time to clear the charts,” he said, calling for traders to reset their assumptions after a week that torched most of the usual signals.

A big part of the confusion comes from shifting expectations around a December interest rate cut.

The probability sank to 33 percent last Thursday, only to rebound to roughly 77 percent after New York Fed President John Williams and Governor Waller delivered remarks that markets took as supportive. That pivot helped spark the rebound in equities and crypto alike.

The technical picture is where nerves start to show. Den, a professional trader, pointed out that BTC has lost the three-day 100 EMA, a level that has held throughout the entire cycle. His view was blunt.

When a trend line that has worked for months suddenly fails, it is a sign to start over and reassess the structure of the market. Both analysts agreed that resistance levels are now in play and that any short-term recovery depends heavily on the next batch of economic data.

The conversation comes with the usual disclaimer. Crypto Education’s content is commentary, not financial advice.

Still, the mood was clear. After one of Bitcoin’s sharpest swings of the year, the market is split between those calling a reset and those hoping the weekend surge was the first sign of momentum returning.