- Bitcoin rallied above $90,000 as traders debated the possibility of a crypto winter.
- Raul Pal predicts a major Bitcoin breakout within the next 35 days.
- Market direction will depend on macro data and Bitcoin's key support levels.
The rapid recovery of Bitcoin (BTC) has sparked new excitement across the crypto asset constellation. Traders have watched Bitcoin soar above $90,000 after a significant drop, and many are now wondering if a big change is on the horizon. Raul Pal added fuel to the conversation by claiming that Bitcoin could explode like a rocket within 35 days. His bold prediction added new energy to a market filled with doubt, fear and cautious optimism.
Raul Pal said #Bitcoin will explode like a rocket ship in the next 35 days
Please fasten your seat belt 🚀 pic.twitter.com/CzSulhjvDu
— Vivek Sen (@Vivek4real_) November 23, 2025
Why is Bitcoin attracting attention now?
Bitcoin is trading around $91,800 after briefly falling towards $89,450. The rebound provided a modicum of confidence for traders feeling pressure from large liquidations and a sharp reversal from post-election highs of $126,000. Major players such as ETH, SOL, and XRP are hovering around key support zones, with the crypto market capitalization inching closer to $3.23 trillion each day.
Many traders feel torn between hopes and concerns. Some argue that the market is facing a deep correction. Some fear that a new crypto winter is forming behind the scenes. Pal's predictions push the conversation in a more optimistic direction and challenge the idea that another long recession is looming. The recent weakness has been attributed to tight macro liquidity and cautious behavior across traditional markets.
The Fed continues to take a cautious approach to adjusting interest rates. The recent US government shutdown has increased uncertainty, and continued quantitative tightening has reduced the flow of funds into speculative assets. This change took momentum away from cryptocurrencies and encouraged broader risk-off behavior. Massive outflows of ETFs are adding to the burden. A technical failure triggered a large-scale leveraged liquidation.
What's next for Bitcoin and the market?
Many traders are now describing the current trend as a mid-cycle reset rather than winter confirmation. The coming weeks will likely drive sentiment as markets react to new macro data and key support levels. Bitcoin must protect the critical $90,000 area. A strong hold could lead to a push toward new highs above the post-election peak. If it fails, the price could drop to the $80,000 range and expectations could be reset.
Pal's forecasts are drawing new attention to the potential upside. His comments about a rocket ship move within 35 days send a strong signal to traders looking for direction. If this kind of momentum is confirmed, it could change the broader cryptocurrency landscape and restore confidence across major altcoins. Currently, many traders are watching for breakouts near short-term resistance levels while following intraday signals.
Analysts will also monitor whale behavior, ETF flows, and on-chain activity to determine if accumulation has started again. Those seeking quick updates can rely on live market coverage that tracks sentiment changes, breakout zones, and key indicators. The next move could determine whether the market prepares for liftoff or faces a new downtrend.

