Technical analysis by officialjackofalltrades about Symbol BTC on 12/3/2025

Bitcoin remains in a strong macro uptrend, but short-term price action is showing signs of exhaustion near the 93k zone. Price rejected this level twice, forming a short-term double top and showing a loss of momentum on the lower timeframes. On the 45m chart, BTC is slowly breaking below local support, while the 2h shows price sitting high inside a larger ascending channel. A healthy retracement looks increasingly likely before the next impulsive move. I’m watching the 89,00 –90,000 zone closely, which lines up with: Mid-range equilibrium Previous consolidation Untapped liquidity below Local FVG imbalance Trendline support A sweep into this zone would create a perfect setup for buyers to step back in and continue the higher-timeframe trend. Macro Context December typically brings volatility in crypto. With anticipation around December rate decisions, liquidity thinning, and strong bullish positioning in BTC derivatives, a short-term correction would actually benefit the long-term trend. As long as Bitcoin stays above 85k, the structure remains bullish and any dips are likely to be corrective. 📈 Technical Levels I'm Watching Major Resistance: 93,200 – 93,800 (strong rejection zone) 96,000 (next major magnet if broken) Key Support: 90,000 88,500 87,200–87,000 (main demand zone) 85,800 (larger timeframe invalidation) Bullish Scenario: A flush into 89k → liquidity grab → reaction → bullish continuation toward 95–96k. Bearish Scenario (less likely unless macro shocks): Break and close below 85,800 → deeper correction toward 83k region. 📌 My Trade Planning Outlook Bias: Bullish on pullback Looking for continuation long entries around 89,000–90,000, if confirmed with reaction. Short-term targets: • 91,500 • 93,000–93,800 Medium-term targets: • 95,600 • 97,000 As long as BTC maintains the higher timeframe channel structure, I’ll treat dips as opportunities rather than reversals. Trade Safe, – JackOfAllTradesMarket Update | Pullback Achieved, Waiting for Confirmation Previous analysis anticipated a retrace to 89k–90k. We got it price tapped 88k and entered the FVG. The play now: watch for whether we base here or make a final sweep lower (toward 87-88k) to trap late sellers. focus is on long entries on a bullish reversal signal for a move back toward 93k–96k. Invalidation stays at 87k. The pullback is progress, not failure. – JackOfAllTrades