Technical analysis by Thorne- about Symbol BTC: Buy recommendation (12/5/2025)

Bitcoin Technical Analysis: Critical Recovery Phase with Solid Momentum Bitcoin is in a pivotal technical recovery stage: On the daily timeframe, BTC has rallied over 15% from its $80,500 low, establishing a clear short-term uptrend and successfully holding above the key $90,000 psychological level—breaking free from the weak trading range. Indicator Confirmation of Upward Momentum RSI: Rebounded strongly from the oversold zone to around 55, moving well away from downside pressure while remaining below the overbought threshold (70), leaving ample room for further upside. MACD: A bullish golden cross has materialized, with the green histogram fully contracting. This signals continuous accumulation of upward momentum, reinforcing the bullish bias. Clear Support & Resistance Structure Support Zones: Immediate support: $90,000 (recent high-volume trading cluster), serving as the primary defense level. Strong support: $84,000 (78.6% Fibonacci retracement level), forming a robust secondary risk buffer. Resistance Levels: Near-term resistance: $95,000 (61.8% Fibonacci retracement level), a key technical hurdle. Major resistance: $100,000 (psychological milestone + 50% Fibonacci retracement level), a high-impact level for market sentiment. Healthy Volume-Price Validation Trading volume during the rebound has surged 62% above the 5-day average, reflecting strong buying interest. The positive volume-price synchronization confirms the validity of the uptrend, indicating that the recovery is supported by solid market participation rather than speculative momentum alone.The volatile market. Don't let emotions control you. Instead, make plans for trading, for profits, and for stop-losses.