📈 Bitcoin (BTC) — Latest Snapshot & Analysis (Nov 28, 2025)
🔹 Current Situation
BTC is trading around $91,200–$91,600 after a volatile November.
From its early-October all-time high above $126,000, Bitcoin experienced a roughly 30% decline, hitting lows near $80–83 K — marking one of its worst months in years.
The rebound above $90,000 signals some recovery, but BTC remains well below its recent peak.
⚠️ What Went Wrong in November
According to analysts, several factors contributed to the slide: macroeconomic uncertainty (especially around U.S. interest rates), heavy institutional selling, ETF outflows, and a collapse in market sentiment and technical momentum.
In addition, significant selling pressure and reduced liquidity made price swings more severe than usual.
🔄 Why BTC Is Bouncing Back — What Could Fuel Recovery
Growing expectations of an upcoming rate cut from the Federal Reserve (Fed) are giving investors fresh hope. A softer interest-rate environment often favors risk assets like Bitcoin.
Some spot-Bitcoin ETF flows have returned, indicating renewed institutional interest after a wave of redemptions earlier this month.
On-chain data suggests long-term holders remain mostly intact — a potential sign that long-term confidence in Bitcoin hasn’t evaporated.
🔮 What to Watch — Key Levels & Scenarios
Support levels: ~$87,500 and ~$80,000 remain critical zones. If those hold, the bounce may solidify.
Resistance levels: Near-term barrier around ~$93,500; a sustained move above ~$100,000 would be a major bullish signal.
Sentiment & indicators: Some technical models show caution — short-term averages remain subdued, and momentum indicators suggest mixed (neutral-to-bearish) conditions.
🧭 My Take: Cautious Optimism
Bitcoin’s rebound above $90K is encouraging — it suggests buyers are willing to step in. But given the sharp pullback and shaky macroeconomic backdrop, I wouldn’t yet call it a full trend reversal. A consolidation near $90–93K over the next few weeks seems plausible,
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