Technical analysis by Thorne- about Symbol BTC: Buy recommendation (12/4/2025)

Bitcoin is currently at a critical technical breakthrough juncture: On the daily chart, BTC has broken through the $92,000 integer mark and the previous downward trendline with increased volume, firmly standing above the 20-day moving average, forming a clear reversal signal. On the indicator front: The RSI has rebounded from the oversold zone (below 30) to 58, escaping the weak range; the MACD green histogram continues to shrink, with the fast and slow lines approaching a golden cross, indicating accelerating accumulation of upward momentum. The support system is clear and resilient: The $90,000–$91,000 range has formed a recent rebound springboard, while the $88,000–$89,000 zone constitutes a strong support belt, providing an effective risk buffer for long positions. From a trend structure perspective, the current price is in the rebound cycle of "low at $84,000 → resistance at $94,000." Trading volume has increased by 62% compared to the 5-day average, in line with the technical rule that "valid rebounds require volume confirmation," confirming the health of the rebound trend.