Technical analysis by ProR35 about Symbol BTC on 11/24/2025

Last weeks high: $96,057.33 Last weeks low: $93,034.53 Midpoint: $80,642.73 Has Bitcoin found its low, or is there more downside to come? After yet another brutal week of downtrend BTC tags $80,000 before bouncing back towards the weekly range midpoint at $88,000, a +10% bounce. It's important to note that back in April during the Tariff War sell-off, the $80,000 area was the origin of the subsequent move up to $110,000. So historically this area should provide support when retested as it has initially. What this does mean to me, the high time frame trend has shifted from bullish with areas of choppy rangebound consolidation before the next leg up, to now a new lower high ($108,000 rejection) which confirmed the 1d 200 EMA as resistance, and much lower low ($80,000 last weeks low) which confirms a bearish flip. For me this week it's about finding out if the bottom is already in or if not, where will it be? In terms of bullish target should the bottom already be in, it's the $98,000-$100,000 area. This key s/r level has been an important battleground since December '24, it's a big even level too so psychologically important, and the origin of this 20% sell-off. Fear & Greed Index currently sits at 19 but hit as low as 11 over the weekend, the lowest so far this bull run. These factors have me leaning towards the local bottom is in. However, if the bottom is not in then $74,000 comes into play, the Tariff war low. That would complete a full retrace of this years move up to $126,000 (-40% from high). The current weekly low sits at -36% move which is the largest of the bull run so far but not uncommon in previous cycles. Good luck this week everybody!