Bitcoin Faces Weakness but Shows Promising Signs of Recovery – Market Analysis – 2025-12-04

Market Analysis

The market is showing some positive signs today, though overall conditions remain cautious and fragile. Uncertainties in the global economy continue to weigh on investor sentiment, preventing Bitcoin from establishing a clear directional trend.

An analysis of the past five days reveals persistent uncertainty despite price fluctuations in Bitcoin. On November 29, the market opened at 90,890.71, reaching a high of 91,165.65 and a low of 90,155.47, before closing at 90,802.44. The RSI stood at a neutral 49.09, while the MFI at 29.49 indicated weak buying pressure. The Fear and Greed Index registered 28, reflecting a fearful market sentiment and a cautious approach from investors. On November 30, prices dipped slightly, closing at 90,360. The RSI fell to 46.59 and the MFI improved marginally to 33.35, signaling a slight relief but with fear still present.

December 1 marked a sharp decline in price, dropping to 83,822.76 before closing at 86,286.01, signaling notable selling pressure. The RSI fell to 30.12, nearing an oversold condition, while the MFI at 34.01 showed mild improvement but continued weak buying activity. Trading volume and transaction counts surged significantly on this day, confirming strong selling momentum. The Fear and Greed Index further declined to 24, indicating heightened fear. The following day, December 2, saw a rapid recovery with prices closing at 91,277.88. The RSI rebounded to 53.58, demonstrating renewed strength, while the MFI at 43.25 suggested cautious buying. Despite the Fear and Greed Index dropping slightly to 23, the market responded well, even amid reduced volume.

On December 3, Bitcoin’s price improved further, reaching 93,429.95. The RSI climbed to 60.28, reflecting strengthening momentum, and the MFI rose to 51.71, indicating more confident, though still measured, buying activity. The Fear and Greed Index edged up to 28, remaining in the fear zone but showing slight improvement. According to the Bollinger Bands, prices have crossed the midline at 90,702.19 and are moving toward the upper band, suggesting short-term bullish momentum. Moving average analysis also supports this view, with 7- and 14-day Hull Moving Averages trending upward, reflecting a modest but positive price movement.

Key support levels lie between 91,203.67 and 92,792.05, where prices have attempted to stabilize. Should this range be breached, the next strong support lies between 85,800 and 87,369.96. On the resistance side, the range from 94,270 to 95,461.53 poses a challenge for the market. Surpassing this would be crucial to confirm a stronger uptrend, with the psychological resistance at 100,000 representing a significant barrier. Given the current cautious sentiment, these resistance levels could prove difficult to overcome in the near term.

The financing rate is slightly negative at -0.000009, and open interest has increased by 0.58%, indicating moderate market interest but not enough to fully validate a bullish breakout. News flows continue to reflect global economic uncertainties, including international trade tensions and shifts in monetary policy, which keep investors guarded and limit short-term upside potential.

Overall, Bitcoin’s recent upward movement is tentative but encouraging. However, ongoing global economic pressures and elevated fear levels sustain market uncertainty. Maintaining support around 91,200 could offer some short-term bullish potential, but a decisive break above the 94,270 resistance zone will be essential to confirm a more robust upward trend. For now, the market remains between neutral and bearish territory, advising investors to exercise caution as sudden downward moves remain a real risk amid macroeconomic headwinds.

Data Summary

• 1. Time:
  2025-12-04 – 00:00 UTC
• 2. Prices:
  Open: 91277.88000000
  High: 94150.00000000
  Low: 90990.23000000
  Close: 93429.95000000
• 8. Supports:
  S1: 92792.05000000 – 91203.67000000
  S2: 87369.96000000 – 85800.00000000
  S3: 84739.74000000 – 83111.64000000
  S4: 78595.9 – 76322.4
• 9. Resistances:
  R1: 94270.00000000 – 95461.53000000
  R2: 96887.14000000 – 98345.00000000
  R3: 103261.60000000 – 104550.33000000
  R4: 106067 – 106670
• 10. Psychological Support:
  90000.00000000
• 11. Psychological Resistance:
  100000.00000000
• 3. Last 5 days’ closing prices:
  2025-11-29: 90802.44000000
  2025-11-30: 90360.00000000
  2025-12-01: 86286.01000000
  2025-12-02: 91277.88000000
  2025-12-03: 93429.95000000
• 4. Volume:
  BTC: 25712.5259
  USD: $2386223626.8614
• 5. Number of trades:
  6733182
• 6. Indicators:
  RSI: 60.2800
  MFI: 51.7100
  BB Upper: 98051.74000000
  BB Lower: 83352.64000000
• 7. Moving Averages:
  SMA:
  7=90625.85000000
  14=88847.95000000
  21=90702.19000000
  30=94419.13000000
  50=100593.14000000
  100=107456.48000000
  200=109072.69000000

  EMA:

  7=90631.42000000
  14=90949.99000000
  21=92405.90000000
  30=94593.13000000
  50=98689.91000000
  100=103736.21000000
  200=104271.40000000

  HMA:

  7=91221.85000000
  14=90971.70000000
  21=90133.99000000
  30=86929.42000000
  50=85057.88000000
  100=90242.04000000
  200=100914.97000000
• 12. Funding Rate:
  -0.0009% (Technically Positive)
• 13. Open Interest:
  88900.5260
• 14. Fear & Greed Index:
  28 (Fear)

Disclaimer: This market analysis is generated by AI based on historical BTC data and sentiment indicators. Use it as a reference, not financial advice.