#btc
Brief technical analysis for Bitcoin on November 21, 2025
Current price: ~83,970 dollars (-23% from the peak of 109k)
Technical consensus
Daily: Strong Sell
Weekly: Sell
Monthly: Bullish
Key indicators
RSI (14): 43 → Close to oversold
MACD: Bearish but losing strength
Stochastic: Overbought → Potential correction
Moving averages
Price below MA50 (87.9k) and MA100 (89.7k) and MA200 (93k) → Short-term bearish pressure
Critical levels
Strong support: 82,000 - 83,500 → Then 78,000 - 80,000
Nearby resistance: 85,000 → 87,900 → 90,000 - 93,000
Nearby bullish target: 100,000 - 105,000 if it bounces
Most likely scenario now
Short bearish correction (could reach 78k-80k)
Then a strong rebound by the end of 2025 towards 120k-150k+ (supported by ETF and institutional adoption)
In summary:
Now is an opportunity to accumulate at support 80k-84k, but put stop-loss below 78k.
The long trend is strongly bullish.
