The price performance of Bitcoin in the final quarter of 2025 has prompted considerable concern among crypto enthusiasts. After facing potential declines, the leading cryptocurrency has recently rebounded, regaining the critical $90,000 support level, signaling a possible turnaround.
In a recent analysis, Andre Dragosch, the European Head of Research at Bitwise, addressed the queries surrounding what Bitcoin might already have priced in regarding the global economic outlook. According to Dragosch, the current sentiment among investors is notably bearish, reflecting the most pessimistic growth expectations since the market disruptions of 2022 and the early months of the Covid-19 pandemic in 2020.
Decoding Bitcoin’s Price Moves
On November 28, Dragosch took to social media platform X to share his insights into Bitcoin’s pricing strategy. Utilizing leading macroeconomic surveys, he concluded that Bitcoin is currently echoing a recessionary growth environment. He articulated that Bitcoin’s price adjustments reflect broader macroeconomic sentiments, which often entail significant volatility.
Drawing parallels with previous market conditions, Dragosch noted that similar bearish sentiments were evident in 2020 and 2022, both of which led to remarkable recoveries for Bitcoin. This raises the possibility of a repeat scenario, whereby Bitcoin could rebound once global growth expectations stabilize.
Furthermore, Dragosch emphasized the potential for a dramatic price movement ahead. He characterized Bitcoin’s current trajectory as a “coiled spring,” indicating that a substantial price surge could be imminent following a phase of compression and uncertainty.
According to Dragosch, the prospects for global growth are set to improve, buoyed by the unprecedented monetary stimulus injected into the economy. This optimism, he contends, may lead to a resurgence of investor confidence well into 2026. In fact, he pointed out that the last time investors faced such an asymmetric risk-reward scenario was during the pandemic; Bitcoin’s price subsequently soared by sixfold by the end of that year after an initial decline.
As of now, Bitcoin is valued at approximately $90,880, having remained relatively stable in the past 24 hours. This price action reflects a moment of cautious optimism among investors who are still grappling with broader economic uncertainties.
Overall, Dragosch maintains a contrarian stance, urging investors to adopt a more bullish outlook on Bitcoin. The macro conditions suggest that a rebound is not only possible but perhaps inevitable as liquidity returns to the market and investment sentiment shifts toward recovery.
For those invested in Bitcoin, the journey may be marked by volatility, but the potential for significant gains remains tantalizingly close, as indicators point to a likely breakout in the coming months.
