#BTCRebound90kNext? $BTC — Deep Dive Analysis — 26 November 2025
1. Current Landscape & Key Facts
#Bitcoin is trading around ~US$86,300 at time of writing.
It peaked at about US$126,000 in early October 2025 and has since dropped ~30 % from that high.
Support around the US$90,000 mark has been broken, and the $90k area is now acting as a resistance zone.
Options markets show increasing demand for downside protection: put skew is negative and implied volatilities are rising.
On-chain data: mid-sized holder wallets (10-100 BTC, 100-1,000 BTC) are accumulating even while larger holders and retail are distributing.
Macro backdrop: concerns over rate cuts by the
#FederalReserve , broader risk-asset weakness, and shift in sentiment.
2. Technical Structure & Critical Levels
Support and resistance
The former support zone around US$90,000–93,000 is now acting as resistance.
Immediate support zones: ~$86,000 then ~$83,500, and deeper around ~$80,000 if losses continue.
On the upside, if
$BTC can clear ~$90,000, next barriers lie near ~$92,500–95,000.
Key indicators and chart patterns
A “death cross” (50-day MA crossing below 200-day MA) has formed — a classic bearish sign though not always prescriptive.
Momentum indicators (e.g., RSI, MACD) on shorter time-frames show some bounce but lose strength near the ~$89k–90k zone.
3. Drivers of Downward Pressure
Macro / Rates: With Fed rate-cut expectations diminishing, assets like Bitcoin (which are more risk-sensitive) are under pressure.
Sentiment: Market sentiment is weak; options data suggest many participants expect further downside or at least require protection.
Technical breakdown: By losing the ~$90k support,
$BTC triggered stop-losses and speculative liquidations which amplify falls.
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