{"id":59910,"date":"2025-11-23T00:31:33","date_gmt":"2025-11-23T00:31:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=59910"},"modified":"2025-11-23T00:31:33","modified_gmt":"2025-11-23T00:31:33","slug":"historic-downturn-bitcoin-nears-worst-weekly-performance-in-over-a-year","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=59910","title":{"rendered":"Historic Downturn: Bitcoin Nears Worst Weekly Performance In Over A Year"},"content":{"rendered":"<div>\n<p>In a market renowned for its volatility, Bitcoin is currently navigating a particularly challenging period that is poised to mark an unfortunate milestone. As the trading week draws to a close, BTC is on track to post its worst weekly performance in over a year.\u00a0<\/p>\n<h2><b>Will This Week Mark A Capitulation Point For Bitcoin?<\/b><\/h2>\n<p>Bitcoin is now firmly on track to log its worst weekly performance in over a year, and it\u2019s also shaping up to become its second-worst November in history. A full-time crypto trader and investor, Daan Crypto Trades, has <a href=\"https:\/\/x.com\/DaanCrypto\/status\/1991831946666602888?s=20\" target=\"_blank\" rel=\"noopener nofollow\">mentioned<\/a> on X that historically, November is the best-performing month in terms of average returns. This sharp deviation from the norm is a significant disappointment for many, making 2025 a challenging year so far for the <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/2-billion-gone-in-minutes-bitcoin-slide-shakes-crypto-world\/\" target=\"_blank\" rel=\"noopener nofollow\">crypto<\/a> market.<\/p>\n<p>Daan believes that BTC will shine again in the decade to come. These unexpected downturns in the <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/4-bitcoin-bullish-indicators\/\" target=\"_blank\" rel=\"noopener nofollow\">market<\/a> may not always be enjoyable, but they are essential in the long run. The most crucial thing you need to do is survive. It is worth noting that red rectangles usually come with a lot of green rectangles. Thus, Daan claims investors need to endure the red for long enough.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-632730\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/11\/Bitcoin-chart-from-Daan-Crypto-Trades.jpg?w=512&amp;resize=512%2C302\" alt=\"Bitcoin\" width=\"512\" height=\"302\"><\/p>\n<p>The CEO of SwanDesk Financial, Jacob King, has <a href=\"https:\/\/x.com\/JacobKinge\/status\/1991890011747238036?s=20\" target=\"_blank\" rel=\"noopener nofollow\">highlighted<\/a> that one of the biggest red flags signaling the Bitcoin bubble was about to burst when Jamie Dimon, CEO of JPMorgan, suddenly flipped bullish on BTC earlier this year. For years, Dimon told investors to stay away from BTC, calling it a giant fraud. The reality is that these Wall Street banks probably bought <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/16000-ancient-bitcoins-just-moved-and-its-costing-whales-billions\/\" target=\"_blank\" rel=\"noopener nofollow\">billions<\/a> worth of BTC early on and needed more time to accumulate their positions quietly, without driving up the price against themselves.<\/p>\n<p>At the peak, when they need exit liquidity, they would promote it to their customers to buy, and push extreme <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-bear-market-confirmed-expert-predicts-price-target-of-40000-by-late-2026\/\" target=\"_blank\" rel=\"noopener nofollow\">price targets<\/a> to draw in fresh demand. King stated that \u201cWall Street is sleezy, and anything they say should be taken as a direct cue to expect the opposite, especially when it comes to crypto.\u201d<\/p>\n<h2><b>A Capitulation Event Bitcoin Has Never Seen Before<\/b><\/h2>\n<p>An analyst known as the Master of Crypto has <a href=\"https:\/\/x.com\/MasterCryptoHq\/status\/1991736886612881548?s=20\" target=\"_blank\" rel=\"noopener nofollow\">offered<\/a> insights into investors\u2019 action, noting that short-term Bitcoin holders are experiencing pressure at a level the market has never recorded before. During the COVID-19 crash in March 2020, when BTC swiftly slipped to about $3,850, roughly 92% of recent buyers were sitting on losses.\u00a0<\/p>\n<p>Fast forward to the devastating fallout from the FTX <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/warning-signals-bitcoin-365-day-moving-average-at-risk-of-collapse\/\" target=\"_blank\" rel=\"noopener nofollow\">collapse<\/a> in November 2022, and that number rose to roughly 94% as BTC tumbled to the $16,000 mark. The current data show an even sharper shock as over 99% of all <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-short-term-holders-65200-btc-loss\/\" target=\"_blank\" rel=\"noopener nofollow\">short-term holders<\/a> are in the red near the $89,000 level. Analysts across the board are calling this the most intense wave of capitulation that the BTC market has ever experienced.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/kHCLuXCR\/\" alt=\"Bitcoin\" width=\"2084\" height=\"1552\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>In a market renowned for its volatility, Bitcoin is currently navigating a particularly challenging period that is poised to mark an unfortunate milestone. As the trading week draws to a close, BTC is on track to post its worst weekly performance in over a year.\u00a0 Will This Week Mark A Capitulation Point For Bitcoin? Bitcoin [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-59910","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/59910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59910"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/59910\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}