NewsBTC
Nov 20, 2025
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Bitcoin Faces Resistance at $93,500 Amid Decline Concerns

Bitcoin Price Analysis

  • Bitcoin is currently trading below $93,000 and the 100 hourly Simple moving average.
  • A bearish trend line is forming with resistance at $93,500 on the BTC/USD hourly chart.
  • BTC bears pushed the price lower, reaching a low of $88,570 before attempting recovery.
  • The price faces resistance near $92,500 and $93,500 levels.
  • A close above $93,750 might lead to further increases toward $94,500 and potentially $95,500.

Bitcoin Price

Potential Decline

  • If Bitcoin fails to surpass $93,500, another decline is possible.
  • Immediate support is near $91,150, with major support at $90,500 and $90,000.
  • The main support sits at $86,500; falling below this could accelerate losses.

Technical Indicators

  • Hourly MACD: Losing pace in the bearish zone.
  • Hourly RSI: Above the 50 level.
  • Major Support Levels: $91,150, $90,500.
  • Major Resistance Levels: $92,500, $93,500.