Based on the current market data and technical analysis of Bitcoin (BTC) price for Thursday, December 4, 2025, where the price is currently trading in the range of $92,000 - $92,100, here is the suggested recommendation:
📊 Current Market Analysis:
Overall Trend: Volatile with a tendency for intraday bearish movement unless it breaks the $93,000 barrier.
Pivot Point: Approximately $92,900.
Critical Support Level: $91,800 (breaking this confirms the decline).
Critical Resistance Level: $93,500 - $94,000.
📈 Bullish Scenario (LONG) - Potential for an increase
This scenario is activated only if the price recovers to levels above $93,000 and stabilizes above it.
First Target (TP1): $94,200
Second Target (TP2): $95,500
Third Target (TP3): $97,100
Stop Loss (SL): $91,800 (closing a one-hour candle below this number).
📉 Bearish Scenario (SHORT) - Potential for a decrease
This scenario is currently the most likely as long as we remain below the $93,000 level, confirmed by breaking support at $91,800.
First Target (TP1): $90,900
Second Target (TP2): $90,000
Third Target (TP3): $88,800
Stop Loss (SL): $93,200 (closing a one-hour candle above this number).
⚠️ Important Note: Markets are very volatile today due to the anticipated economic data. Please adhere to stop losses and manage capital carefully (do not risk more than 1-2% of your portfolio on a single trade).
