Technical analysis by ScottMelker about Symbol BTC on 12/4/2025

Technical analysis is just a way to make a slightly more informed educated guess and to manage risk. That said, my base case has been that the low was around 80K - at least for a while. Even if we are entering a bear market (I don’t think so), the 50 MA on the weekly should be tested as resistance, as it always has been in the past. That means we should see price rising to the $102K area before getting more definitive information. That’s what I am looking for at the moment. Educated guess. The weekly looks promising.