Bitcoin Regains Its Bullish Ascent Above $80,000
The post Bitcoin Regains Its Bullish Ascent Above $80,000 appeared on BitcoinEthereumNews.com.
// Price Reading time: 3 min 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
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…
Filed under: News - @ November 25, 2025 5:28 pm