Technical analysis by josemanuelmaestrerodriguez about Symbol BTC: Buy recommendation (11/23/2025)

I try to put it simple. Very simple. BTC’s 30% drop is because liquidity was drained from the system. The U.S. Treasury, under Secretary Scott Bessent, rebuilt its cash balance at the Federal Reserve from about $300 billion in May to over $940 billion by mid-November. This required massive T-Bill issuance, pulling roughly $450–700 billion out of the banking system. Less liquidity means tighter financial conditions, and risk assets like Bitcoin suffer. This chart shows the Treasury General Account climbing sharply, while BTC fell from its all-time high. Once the money returns to the system BTC continue making a new ATH. BTC Fear index is 11. In a couple of months will be turn into "greed". Chart source: federalreserve.gov/