Crypto Bloodbath: Bitcoin Plunges 33%, Altcoins Mixed | Fed Watch, Support Levels, and Q4 Outlook

Blockchain Investing Strategies: Cryptocurrency Trading Guide podcast.# Crypto Willy's Weekly Trading Guide: November 29, 2025Hey there, crypto fam! Crypto Willy here, and let me tell you, this week has been absolutely wild in the digital asset space. We're wrapping up what OANDA is calling one of the roughest months in recent memory, so buckle up as we break down what's really happening out here.First things first—Bitcoin took a serious beating this November. We're talking a 33-percent nosedive from that gorgeous October peak of $126,000 down to around $86,000. Yeah, you read that right. But here's where it gets interesting, friends. Even though we're down 19 percent for the month, the big boys over at CoinDesk are reporting that Bitcoin just led a broad recovery earlier this week, gaining 5.4 percent in 24 hours. That's the kind of move that gets traders eyeing a potential Santa Claus rally heading into December—and historically, Q4 is absolutely crushing it with an average return of 77 percent over the past 12 years.Now, what caused this perfect storm? Market liquidations hit a staggering $7.35 billion, according to WEEX, with $6.5 billion of those being long positions getting absolutely rekt. That's the kind of bloodbath that shakes confidence, but here's the thing—these 25 to 30 percent corrections are actually pretty normal in bull markets. The Financial Stability Board and global regulators are also sounding the alarm over significant gaps in cryptocurrency regulations, but that's a longer-term play we're watching.From a technical standpoint—and this matters for your trades—Bitcoin is testing support levels around $93,000 to $95,000, with major support sitting at $85,000. Ethereum is holding key support between $3,050 and $3,200, while Solana is testing that critical $140 to $150 support zone. These levels are absolutely crucial for swing traders right now.The macro picture here is actually encouraging if you're a long-term believer. Global liquidity remains expansive, which is fundamentally different from the 2022 bear market when central banks were aggressively tightening. Plus, the Federal Reserve concluded its QT program on December 1st and might actually resume balance sheet expansion soon. That fiscal dominance regime? That's bullish for Bitcoin and other finite-supply cryptocurrencies.The altcoin space is showing mixed signals though. While some tokens like SKY, DASH, and AVAX posted solid gains, overall sentiment remains cautious. Most traders are relying more on leveraged futures than spot buying, which tells me we're still in consolidation mode.My take? This isn't a bear market—it's a healthy pullback in what's been an incredible 78-percent run-up in total crypto market cap this year. Keep your eyes on those technical levels, watch the Fed's next moves, and remember that volatility is your friend if you're prepared.Thanks for tuning in, everyone! Make sure you come back next week for more actionable insights and market analysis. This has been a Quiet Please production—head over to quietplease.ai for more deep dives into crypto strategy. Stay safe out there, and happy trading!Get the best deals https://amzn.to/3ODvOtaThis content was created in partnership and with the help of Artificial Intelligence AI

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