According to @CryptoMichNL, the rise in Japan’s 10-year government bond yield is backfiring on crypto and is not great for BTC and altcoins; source: @CryptoMichNL, X, Nov 20, 2025. According to @CryptoMichNL, DATs are unwinding based on the current valuation of BTC, accelerating the market’s downfall; source: @CryptoMichNL, X, Nov 20, 2025. According to @CryptoMichNL, a large proprietary firm or market maker may be selling off after going bankrupt on October 10, with details potentially surfacing months later similar to the FTX situation; source: @CryptoMichNL, X, Nov 20, 2025. According to @CryptoMichNL, these moves are among the wildest he has seen in nine years, comparable to the FTX period, and he advises traders to stay safe as markets behave irrationally; source: @CryptoMichNL, X, Nov 20, 2025.

According to @CryptoMichNL, traders should stay calm, avoid emotion-driven decisions, and not use leverage during the current BTC correction, emphasizing patience and risk control; source: @CryptoMichNL on X, Nov 20, 2025. @CryptoMichNL states Bitcoin is still $86,000 versus $20,000 or even $2,000 a few years ago, framing the move as a percentage-wise normal pullback that warrants a zoomed-out perspective and less overtrading; source: @CryptoMichNL on X, Nov 20, 2025.

According to @CryptoMichNL, short-term holder supply in loss is now deeper than during the FTX collapse and the COVID-19 crash, signaling an extreme drawdown phase (source: @CryptoMichNL on X, Nov 20, 2025). According to @CryptoMichNL, the Crypto Fear and Greed Index has fallen to 9, lower than readings seen during Luna and FTX, indicating capitulation-level sentiment (source: @CryptoMichNL on X, Nov 20, 2025). According to @CryptoMichNL, the market is extremely overextended to the downside and traders should stay calm and make rational decisions to avoid emotion-driven portfolio damage (source: @CryptoMichNL on X, Nov 20, 2025).

According to Michaël van de Poppe, SEI shows early uptrend behavior with a relatively slow start and a strong weekly candle that improves the technical setup, source: Michaël van de Poppe on X, Nov 20, 2025. He notes SEI has been delivering strong fundamental updates, which he believes could precede a stronger move if momentum builds, source: Michaël van de Poppe on X, Nov 20, 2025. Van de Poppe is watching for follow-through in the coming weeks as confirmation of trend continuation, a key factor for traders monitoring breakout potential and timing, source: Michaël van de Poppe on X, Nov 20, 2025.

According to @CryptoMichNL, BTQ staged a strong bounce after its QPerfect division launched a GPU-accelerated QLEO compatible with NVIDIA, which he views as a fundamental catalyst to accumulate shares at current levels; source: @CryptoMichNL on X, Nov 20, 2025. He expects BTQ to clear the 20-day moving average and start an uptrend, framing a potential breakout setup for momentum traders; source: @CryptoMichNL on X, Nov 20, 2025. He also notes equities are gaining importance as more Web3 companies pursue IPOs and his VC explores equity allocations, underscoring crossover relevance for crypto market participants monitoring quantum computing plays; source: @CryptoMichNL on X, Nov 20, 2025.

According to @CryptoMichNL, Bitcoin has printed a new low and a credible reversal setup requires a high-volume bounce and a decisive break above the 4H 20-MA to establish a higher high, which could open upside for BTC, source: @CryptoMichNL. He highlights a recurring pattern of sharp downside after the U.S. market opens, underscoring session timing risk for long positions, source: @CryptoMichNL. Traders should watch the 4H 20-MA as a confirmation trigger and monitor volume around the U.S. cash open to assess whether selling pressure persists or exhausts, source: @CryptoMichNL.

According to @CryptoMichNL, the US trading session often triggers an early sell-off in Bitcoin (BTC), with a potential low forming 334 hours after the open followed by an intraday bounce that can repeat in cycles; this observation is presented as his trading view for intraday timing. source: X post by @CryptoMichNL, Nov 20, 2025. He also states that a sustainable trend reversal will likely take time as a price floor and improved sentiment need to develop before upside continuation. source: X post by @CryptoMichNL, Nov 20, 2025.

According to @CryptoMichNL, a new trading update reviews whether a Bitcoin bear market has started, where BTC sits in the market cycle, and what current charts imply for trend direction and risk management, source: @CryptoMichNL on X, Nov 20, 2025; YouTube https://youtu.be/8mEMQFCvdz4. The post directs traders to the video for actionable chart work that may inform BTC spot and derivatives positioning, including cycle context and technical signals, source: @CryptoMichNL on X, Nov 20, 2025; YouTube https://youtu.be/8mEMQFCvdz4. No specific price levels or indicators are disclosed in the post itself; traders should watch the linked update for concrete entries, exits, and invalidation levels, source: @CryptoMichNL on X, Nov 20, 2025; YouTube https://youtu.be/8mEMQFCvdz4.

According to Michaël van de Poppe, the unemployment rate printed higher than expected, signaling labor market weakness (source: Michaël van de Poppe on X, Nov 20, 2025). He states this could push the Federal Reserve toward quantitative easing and rate cuts if the weakness persists (source: Michaël van de Poppe on X, Nov 20, 2025). He adds that the print changes little technically for now, with PMI data due tomorrow as the next key release to watch (source: Michaël van de Poppe on X, Nov 20, 2025).

According to @CryptoMichNL, BTC posted another lower low followed by a bounce, but lower timeframes still lack a higher high, keeping the reversal unconfirmed, source: @CryptoMichNL on X, Nov 20, 2025. Altcoins including DYM and XAI, along with several Binance-linked coins, are starting to move higher, signaling early rotation similar to BTC, source: @CryptoMichNL on X, Nov 20, 2025. A clean break above the 4H 20MA could open a fast move toward $96K-$98K, source: @CryptoMichNL on X, Nov 20, 2025. A short squeeze is possible, but there is no confirmation of a trend reversal yet, source: @CryptoMichNL on X, Nov 20, 2025.

According to @CryptoMichNL, BTC dominance has broken down, and if this weakness continues over the coming weeks it would not signal a bear market in his view (source: X post by Michaël van de Poppe, Nov 20, 2025). For trading, BTC.D tracks Bitcoin’s share of total crypto market capitalization and is widely monitored to assess rotations between BTC and altcoins (source: TradingView BTC.D index). Traders can focus on confirmation of follow-through in BTC.D and adjust BTC versus altcoin exposure only after confirmation aligns with the stated view of ongoing weakness (source: X post by Michaël van de Poppe, Nov 20, 2025; source: TradingView BTC.D index).

According to @CryptoMichNL, macroeconomic releases are set to move the market, with unemployment data today and PMI tomorrow, keeping BTC and altcoins volatile (source: @CryptoMichNL). He indicates a preference to accumulate and expects a potential bottoming formation in Bitcoin as these events unfold (source: @CryptoMichNL).

According to @CryptoMichNL, altcoins remain in a bear market, noted in a London-based X post on Nov 20, 2025; the update included no specific tickers, price levels, or timeframes for trades. Source: @CryptoMichNL on X, Nov 20, 2025. The communication is sentiment-oriented rather than actionable, providing market context without direct trade instructions for altcoin pairs. Source: @CryptoMichNL on X, Nov 20, 2025.

According to @CryptoMichNL, targeting 1,000% returns in crypto inherently comes with tolerating 70-80% drawdowns, highlighting an extreme risk-reward profile for high-beta strategies, source: @CryptoMichNL. Traders pursuing such outsized gains should size positions and set risk budgets to survive potential 70-80% equity declines without forced liquidation, aligning execution with the stated drawdown tolerance, source: @CryptoMichNL.

According to @CryptoMichNL, 2026 can be a bull year for Bitcoin (BTC) and altcoins, signaling expected upside across the crypto market. Source: X post by Michaël van de Poppe (@CryptoMichNL), Nov 19, 2025. The post does not include price targets, catalysts, or technical indicators, indicating a sentiment-based outlook rather than data-backed guidance. Source: X post by Michaël van de Poppe (@CryptoMichNL), Nov 19, 2025.

According to @CryptoMichNL, the BTC-to-Gold (BTC/XAU) ratio has fallen to a new 2-year low, highlighting Bitcoin’s relative underperformance versus Gold, source: @CryptoMichNL. He states Bitcoin is overextended to the downside while Gold is overextended to the upside, increasing the likelihood of mean-reversion, source: @CryptoMichNL. He expects a rotation or at least a short-term bounce in Bitcoin relative to Gold, source: @CryptoMichNL. For traders, this points to monitoring BTC/XAU for reversal confirmation and considering relative-value setups favoring BTC over Gold if momentum turns, source: @CryptoMichNL.

According to @CryptoMichNL, an altcoin market chart is showing a massive MACD bullish divergence, a positive MACD cross, and the first green MACD histogram bar in four years, signaling improving momentum for altcoins, source: X/@CryptoMichNL, Nov 19, 2025. He adds the structure is starting up and comparable to 2019, indicating conditions that previously coincided with broad altcoin strength, source: X/@CryptoMichNL, Nov 19, 2025.

According to @CryptoMichNL, Bitcoin saw another sweep of the recent lows to capture liquidity, indicating stop-run dynamics in BTC price action, source: @CryptoMichNL on X, Nov 19, 2025. According to @CryptoMichNL, equities are holding up nicely, underscoring a divergence between BTC weakness and stock market resilience, source: @CryptoMichNL on X, Nov 19, 2025. According to @CryptoMichNL, the downside in BTC looks overstretched and he questions whether the recent cascade could unwind around 10/10, source: @CryptoMichNL on X, Nov 19, 2025.

According to @CryptoMichNL, BTC’s current regime is framed as a bull-versus-bear inflection, with positive on-chain signals suggesting the cycle may persist, source: https://twitter.com/CryptoMichNL/status/1991178403089625168. He raises a discussion level around a potential 90,000 BTC bottom as part of scenario planning for traders monitoring cycle sustainability, source: https://twitter.com/CryptoMichNL/status/1991178403089625168. He directs viewers to a detailed video for the underlying metrics and context, source: https://youtu.be/f33839VLhTA.

According to @CryptoMichNL, Black Friday triggered an enormous wave of liquidations across altcoins, with many tokens reportedly down about 90% during the move, highlighting severe market stress for traders (source: @CryptoMichNL on X, Nov 19, 2025). The author states he published a long-form note detailing how risk was managed during and after the event in collaboration with MNFund_, and provided the link for further reading (source: @CryptoMichNL on X, Nov 19, 2025). The trading takeaway presented by the author is a focus on risk controls tailored to extreme drawdowns following the Black Friday selloff, directing readers to the linked analysis for specific methods (source: @CryptoMichNL on X, Nov 19, 2025).