Bitcoin Faces Increasing Downward Pressure: Investors Urged to Exercise Caution – Market Analysis – 2025-11-21

Market Analysis

Bitcoin has recently attempted to maintain price stability, yet its inability to surpass the significant resistance level of 124,000 has introduced a degree of uncertainty into the market. Despite the Federal Reserve’s interest rate cuts, buying momentum appears weak, raising concerns about a potential downturn in the near future.

Over the past five days, Bitcoin’s price has experienced a noticeable decline. On November 16, 2025, it opened at 95,596 and closed slightly lower at 94,261, eventually dropping further to 86,637 by November 20. The 7-day Relative Strength Index (RSI) has steadily fallen to 15.79, approaching oversold territory, while the 14-day Money Flow Index (MFI) signals weak financial inflows. These indicators suggest limited buying pressure and a prevailing bearish sentiment. Additionally, the Fear and Greed Index remains between 10 and 15, reflecting intense fear in the market, which diminishes the likelihood of a short-term relief rally.

Looking at the Bollinger Bands, the price is now near the lower band, typically a sign of oversold conditions. However, the bands are widening, indicating increased volatility. The Hull Moving Averages (7, 14, and 21 days) continue to trend downward, with current prices below these averages, reinforcing the bearish outlook.

From a support perspective, Bitcoin has shown some stabilization near the S1 range (83,949–84,474). If this level breaks, the price could test further support zones at S2 (80,818–82,715) and S3 (76,322–78,595). Resistance is currently found between 86,845–87,078 and 90,375–93,265, presenting significant barriers to any upward movement. Given the prevailing market fear, support levels may weaken, potentially strengthening the downward momentum.

Overall, the technical and sentiment indicators advocate for a cautious approach. While a short-term rebound is possible, the longer-term trend remains bearish, especially as market interest wanes despite the Fed’s rate cuts. Investors are advised to closely monitor key support and resistance levels and avoid hasty decisions.

Data Summary

• 1. Time:
  2025-11-21 – 00:00 UTC
• 2. Prices:
  Open: 91554.96000000
  High: 93160.00000000
  Low: 86100.00000000
  Close: 86637.23000000
• 8. Supports:
  S1: 84474.69000000 – 83949.52000000
  S2: 82715.03000000 – 80818.84000000
  S3: 78595.86000000 – 76322.42000000
  S4: 69310.5 – 68842.2
• 9. Resistances:
  R1: 86845.94000000 – 87078.46000000
  R2: 90375.20000000 – 93265.64000000
  R3: 96887.14000000 – 98345.00000000
  R4: 101110 – 101732
• 10. Psychological Support:
  80000.00000000
• 11. Psychological Resistance:
  90000.00000000
• 3. Last 5 days’ closing prices:
  2025-11-16: 94261.44000000
  2025-11-17: 92215.14000000
  2025-11-18: 92960.83000000
  2025-11-19: 91554.96000000
  2025-11-20: 86637.23000000
• 4. Volume:
  BTC: 39733.1907
  USD: $3548950335.0984
• 5. Number of trades:
  7841395
• 6. Indicators:
  RSI: 15.7900
  MFI: 22.1900
  BB Upper: 113596.25000000
  BB Lower: 87562.76000000
• 7. Moving Averages:
  SMA:
  7=92545.69000000
  14=97757.95000000
  21=100579.50000000
  30=103745.87000000
  50=108371.78000000
  100=110988.76000000
  200=109665.01000000

  EMA:

  7=92664.41000000
  14=96459.93000000
  21=99143.92000000
  30=101651.41000000
  50=105095.61000000
  100=108064.31000000
  200=106379.07000000

  HMA:

  7=88523.76000000
  14=89149.24000000
  21=90507.83000000
  30=92675.15000000
  50=96115.82000000
  100=102220.53000000
  200=108950.79000000
• 12. Funding Rate:
  0.009%
• 13. Open Interest:
  100821.3120
• 14. Fear & Greed Index:
  11 (Extreme 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.