Bitcoin Breaks Above $91K as MACD Hits Its Lowest Level Ever, Signaling Possible Major Reversal

Bitcoin pushed firmly above $91,000 in early trading on November 27, with analysts pointing to a rare momentum setup that historically preceded some of the market’s strongest rallies.

The move comes just days after Bitcoin printed the lowest daily MACD reading ever, a technical extreme highlighted by trader Merlijn The Trader, who compared the current setup to past cycle-defining pivots.

Historic MACD Lows Followed by Explosive Rallies

In the chart shared by Merlijn, every major breakdown in previous cycles was followed by a substantial upward reversal.

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  In 2021, the MACD bottomed at a similar extreme, triggering a +119% rally.
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  In 2025, the indicator has dropped to its lowest point on record, and Bitcoin has already bounced 12% from the bottom.

The visual shows three major dumps during 2024–2025 – 32%, 31%, and 36% – each followed by sharp recoveries. The current MACD compression mirrors the exact levels that historically marked the start of massive trend reversals.

Merlijn notes: “History says this is just the beginning.”

Market Conditions Still Bearish, but Momentum Is Shifting

According to the market metrics chart, Bitcoin is trading at $91,700, with overall sentiment still showing bearish conditions. Volatility remains elevated at 8.89%, and short-term trend indicators (50-day and 200-day SMAs) continue to sit well above the spot price, reflecting the recent deep correction.

Despite this fragile backdrop, the 14-day RSI sits at 39, a neutral-but-recovering zone that aligns with early-stage reversal behavior rather than exhaustion.

BTC Price Action Confirms the Bounce

The TradingView chart shows a clear V-shaped recovery as Bitcoin surged from the mid-$80K region back above $91,000, breaking through short-term resistance. Momentum strengthened sharply after November 26, with the final leg of the move forming a clean vertical climb into the $91K–$91.7K zone.

This confirms the technical rebound visible in the MACD analysis. The move above $91K represents one of Bitcoin’s strongest intraday recoveries in recent weeks.

What the Charts Signal Now

Across all three visuals, the shared message is clear:

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  Bitcoin printed its lowest MACD level ever
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  Historically, such readings preceded triple-digit rallies
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  BTC has already rebounded 12% from the MACD bottom
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  Price has now broken above $91K, validating the bounce
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  Momentum is improving despite sentiment still showing “bearish”

The combination of a deep momentum reset, a strong intraday reversal, and a decisive break above $91K paints a picture of a market potentially transitioning out of its recent correction.