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Bitcoin's 53% drop may signal a recovery phase as forced sellers exit the market, says analyst.

Analyst Insights
14 Nov 2026, 15:03 WIB
Blockonomi
View Source
Neutral
Bitcoin's 53% drop may signal a recovery phase as forced sellers exit the market, says analyst.

An analyst highlights that Bitcoin's recent 53% price drop from its 2025 peak resembles past crashes where forced sellers left the market, allowing recovery to begin despite ongoing fear. Historical events like the Mt. Gox collapse, the 2018 bear market, the March 2020 crash, and the FTX failure show that prices stopped falling before sentiment improved. The analyst explains that leveraged futures cause rapid liquidation cascades, accelerating declines but also marking a 'max pain' point where selling pressure ends. Watching buyer behavior during upcoming sell-offs could reveal early signs of a market turn even if sentiment remains negative.

Bitcoin's recent price dynamics are presented here with Pluang's market data as of Nov 14, 2026 19:41 WIB. For readers following major cryptocurrencies, 5 out of 50 rose while 44 fell today. Notable movers include ADA at Rp2.969 with a -5.20% change and a typical hold time of 128 days, DOT at Rp14.337 down 5.17%, and EGLD at Rp50.755 down 5.07%, with EGLD showing the highest sell activity at 91%.

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