Bitcoin BTC/USD is ending the trading week at 83333 and continues to move within the downward trend, having broken out of the bullish channel. Moving averages indicate an upward trend. Prices have broken below the signal lines, indicating downward pressure from sellers and a potential further decline in BTCUSD. At this point, we should expect an attempt at a bullish correction in the coin’s price and a test of the resistance area near 94405. From there, we should expect another downward rebound and a continued decline in the Bitcoin price, with a potential target below 60505.
Bitcoin Forecast BTC/USD November 24 — 28, 2025
An additional signal favoring a decline in BTC/USD quotes during the current trading week (November 24-28, 2025) will be a rebound off the lower boundary of the bullish channel. A second signal will be a rebound off the resistance line on the relative strength indicator (RSI). A strong rally and a breakout of the 107505 area would cancel the Bitcoin downside scenario this trading week. This would indicate a breakout of the resistance area and continued growth in BTC/USD quotes with a potential target above 120605. A breakout of the support area and a close below 80065 would confirm the bearish trend.
Bitcoin Forecast BTC/USD November 24 — 28, 2025 suggests a breakout of the resistance area near 94405. This would then lead to a continued decline below 60505. A test of the trendline on the relative strength indicator (RSI) would be an additional signal for a decline in the Bitcoin price this trading week. A strong rally and a breakout of the 107505 area would cancel the Bitcoin downside scenario. In this case, a continued rise with a target of 120605 is expected.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
