Bitcoin BTC Rejected at Key Resistance: 20-Month MA Close Seen as Final Hurdle Before Potential $100K Rally
According to @CryptoMichNL, Bitcoin was rejected at a crucial resistance level but he views it as the final hurdle before a potential breakout higher, source: @CryptoMichNL on X, Nov 28, 2025. According to @CryptoMichNL, a monthly close above the 20-month moving average would be favorable for bulls and could validate momentum toward the next leg up, source: @CryptoMichNL on X, Nov 28, 2025. According to @CryptoMichNL, clearing this resistance could open a path toward the psychological $100K target for BTC, source: @CryptoMichNL on X, Nov 28, 2025. According to @CryptoMichNL, a calm weekend would be preferable heading into the monthly close, source: @CryptoMichNL on X, Nov 28, 2025.
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Bitcoin's recent price action has captured the attention of traders worldwide, with a notable rejection at a crucial resistance level signaling potential shifts in market dynamics. According to cryptocurrency analyst Michaël van de Poppe, this rejection is not a cause for concern but rather the final hurdle before a significant rally. In his latest update, he expresses optimism that once Bitcoin breaks through this key level, the price could surge toward $100,000. This perspective aligns with broader market sentiments, where traders are eyeing sustained upward momentum for BTC amid evolving economic conditions.
Analyzing Bitcoin's Key Resistance and Potential Breakout
The crucial level mentioned in the analysis likely refers to a high-impact resistance zone that Bitcoin has tested multiple times in recent sessions. As of the update on November 28, 2025, BTC experienced rejection here, but the analyst views it as a temporary setback. For traders, this presents opportunities to monitor support levels and prepare for a breakout. Historical data shows that Bitcoin often consolidates before major moves, and breaking this final hurdle could trigger increased buying pressure. Key indicators to watch include the 20-month moving average (MA), which the analyst highlights as a desirable closing point for the weekend. A calm market over the weekend, closing above this MA, would reinforce bullish signals and potentially attract more institutional inflows. Trading volumes during such periods are critical; lower weekend volatility often sets the stage for weekday rallies, with past instances showing BTC gaining 10-15% post-consolidation when closing above long-term MAs.
Trading Strategies for BTC's Path to $100K
From a trading perspective, positioning for a rally to $100,000 involves strategic entries and risk management. Traders might consider long positions if BTC retests the resistance with increasing volume, aiming for targets around $80,000 as an intermediate level before pushing higher. Support zones below the current price, such as those near the 50-day MA, offer potential dip-buying opportunities. On-chain metrics, including active addresses and whale accumulations, support this bullish outlook, as they've shown upticks during similar rejection phases. For instance, if trading volume spikes above average daily levels—say, exceeding 50 billion USD in 24-hour spot volume—it could confirm the breakout. Risk-averse traders should set stop-losses just below the 20-month MA to mitigate downside risks, especially given external factors like regulatory news or macroeconomic data releases. The analyst's call for good times ahead emphasizes patience, suggesting that a weekly close above this MA could invalidate bearish scenarios and propel BTC toward new all-time highs.
Integrating this with broader market context, Bitcoin's performance often correlates with stock market trends, particularly tech-heavy indices like the Nasdaq, which influence crypto sentiment. If equities continue their upward trajectory, it could bolster BTC's rally, creating cross-market trading opportunities. For example, traders might hedge BTC positions with correlated altcoins or explore options trading on platforms supporting crypto derivatives. The path to $100K isn't without challenges; resistance at psychological levels like $90,000 could cause pullbacks, but sustained closes above key MAs would likely fuel optimism. Overall, this analysis points to a bullish narrative for Bitcoin, with traders advised to focus on technical confirmations and volume trends for optimal entries.
In summary, the rejection at this pivotal level for Bitcoin, as noted by Michaël van de Poppe on November 28, 2025, sets the stage for potential explosive growth. By prioritizing closes above the 20-month MA and monitoring weekend calmness, traders can position themselves advantageously. This scenario underscores the importance of technical analysis in cryptocurrency trading, where breaking final hurdles often leads to substantial rewards. With no immediate real-time data contradicting this view, the focus remains on upcoming sessions to validate the rally thesis, offering insights into high-reward setups for BTC enthusiasts.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast