Bitcoin repeats 2022-style "bear market rally" pattern as BTC price climbs 21% below $101K MA
On Nov. 21, 2026, onchain research suggested Bitcoin could still be in a bear market despite a 21% price rise since late November 2025. BTC has bounced from lows near $80,500 to about $97,900, but remains under its 365-day moving average at $101,000, a level analysts view as critical for confirming a more durable recovery. The study also highlighted rising exchange inflows around 39,000 BTC on a 7‑day basis, indicating potential selling pressure ahead.