Bitcoin Latest Price Analysis & Market Outlook
The Bitcoin (BTC) market has recently experienced significant volatility, following a sharp correction from its all-time highs reached in early October 2025. As of the latest data (November 24, 2025), the price is attempting to stabilize after testing critical support levels.
💰 Current Price & Recent Movement
Current Trading Range: Bitcoin has been trading around the $86,500 - $87,700 range, after briefly plunging to a low near $80,500 last week.
Correction: The price has dropped over 20% in the past 12 days and approximately 36% from its October peak of around $126,000.
Weekend Rebound: A modest rebound was seen over the weekend, with BTC climbing back from the $80,000 zone.
📊 Technical Outlook (Short to Medium Term)
The prevailing technical sentiment remains bearish for the short-to-medium term, but recent price action suggests the potential for a temporary bounce due to oversold conditions.
Key Resistance Levels:
Immediate Resistance: The psychological barrier of $90,000 and the technical level around $92,000 - $95,000 are key short-term hurdles. A decisive move above these levels is needed to signal a potential recovery.
Major Resistance: The $98,000 level, which surrendered its previous bullish structure, is now a major resistance zone.
Critical Support Levels:
Immediate Support: The $85,000 level is a short-term consolidation area.
Critical Floor: The yearly lows around $79,000 - $80,000 is the most important support. A confirmed break below $79,000 could trigger a more aggressive sell-off, with the next major support potentially near the $74,000 - $70,000 zone.
"Natural Floor": JPMorgan analysts suggest the global production cost of $BTC is around $94,000, which historically acts as a 'natural floor' for the price, though the market is currently trading below this.
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