Published: Nov 25, 2025 at 17:25
Bitcoin (BTC) has fallen below the projected price level of the 2.0 Fibonacci extension, or the $81,096 low.
However, based on price movement, the BTC price dropped to a low of $80,822 before rebounding.
Bitcoin price long-term prediction: bearish
Analysts state that Bitcoin has reached its bottom price of $80,000. In other words, further declines in the cryptocurrency are unlikely. The largest cryptocurrency is gaining as it approaches the 21-day SMA.
On the upside, if the bulls break through the 21-day SMA and maintain bullish momentum, Bitcoin will begin an upward trend. The cryptocurrency will rise to the 50-day SMA, or a high of $108,000.
However, if the BTC price falls below the 21-day SMA, the bullish scenario would be invalidated. Bitcoin would continue to decline and test the support level at $80,000. Today, Bitcoin is at $88,862.
Technical indicators
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Key supply zones: $120,000, $125,000, $130,000 -
Key demand zones: $100,000, $95,000, $90,000
Bitcoin price indicator analysis
The moving average lines are sloping downwards as the 21-day SMA falls below the 50-day SMA, indicating a downtrend. The long candlestick tail is piercing the $80,000 support level, signalling significant buying interest at the lower price point. The price bars on the 4-hour chart are between the moving average lines, indicating that the cryptocurrency will move within a limited range.
What is the next move for BTC?
Bitcoin has regained positive momentum following a drop below the $80,000 support on November 4, as reported by Coinidol.com. The bullish momentum broke above the moving average lines, but the 50-day SMA on the 4-hour chart stopped it. Bitcoin is now trading in a range above the $80,000 support level or inside a limited range.
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
