NewsBTC
Nov 27, 2025
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Bitcoin Price Surpasses $90K Amid Recovery Wave and Consolidation

Bitcoin is experiencing a recovery wave, climbing toward $92,000 after breaking a key bearish trend line at $88,000.

  • The price is trading above $90,000 and the 100 hourly Simple moving average.
  • BTC surpassed the 61.8% and 76.4% Fibonacci retracement levels from the previous downward move.

Bitcoin Price

  • Bulls face resistance at $91,500, with further hurdles at $92,000 and $92,500.
  • A breakthrough above $92,500 could propel BTC to $93,750 and potentially up to $95,500.

Potential Decline

  • If Bitcoin fails to surpass the $92,000 resistance, it may decline.
  • Immediate support lies at $89,750, with major support at $88,000 and $86,500.
  • A drop below $85,000 could accelerate the decline.

Technical Indicators:

  • Hourly MACD: Gaining pace in the bullish zone.
  • Hourly RSI: Above the 50 level.
  • Major Support Levels: $89,750, $88,000.
  • Major Resistance Levels: $92,000, $92,500.