Vetle Lunde, Head of Research at K33, suggests that Bitcoin's recent underperformance relative to the Nasdaq has led to a sentiment-driven oversold condition, presenting a buying opportunity for long-term investors. Bitcoin has corrected 36% from its all-time high, nearing the end of its sell-off phase. On November 21st, spot trading volume hit $14.3 billion, marking the sixth highest in 2025, indicating robust market support.