Technical analysis by MyTradingJournal6th about Symbol BTC on 12/2/2025

BTCUSDT.P consolidates at 86,307 after a 5% December pullback from 113K highs, holding key demand zone 85K–87K with low volume.​ Technical Indicators RSI (32–40) and Stochastic signal oversold conditions across timeframes, while MACD shows bearish divergence weakening.​ ADX above 50 confirms downtrend strength, but higher lows near 85K suggest potential reversal structure.​ Key Levels Support: 85,000 (swing low), 83,000 (next demand). Resistance: 86,500 (breakout test), 89,500–93,500 (supply).​