Bitcoin Price News: Sell-Off Likely 'Complete', Year-End Rally in Play

Bitcoin's recent sell-off may be nearing its end, according to Geoffrey Kendrick of Standard Chartered. He argues that this pullback, which has witnessed a nearly 30% decrease since the cryptocurrency's all-time high in October, follows a familiar pattern seen over the past couple of years. Kendrick highlights that key market indicators, including MicroStrategy’s modified net asset value, have reset to historically low levels, suggesting seller exhaustion. He asserts that these metrics indicate the sell-off is likely over and anticipates a year-end rally. This outlook aligns with analyses from other analysts at crypto exchange Bitfinex, who noted a slowdown in short-term holder realized losses, further indicating a market bottom might be forming. As of November 18, 2025, Bitcoin bounced back to around $93,000, up 3.8% from the overnight lows, reinforcing Kendrick's position on potential recovery by year-end.

Source 🔗