Bitcoin Price Weakness Signals Rising Risk of Bearish Trend – Market Analysis – 2025-11-22

Market Analysis

Bitcoin recently attempted to surpass the significant threshold of 124,000 but was unable to maintain momentum, revealing signs of weakness in the market. Despite the Federal Reserve's reduction in interest rates, investor enthusiasm has remained muted, increasing the likelihood of a bearish phase in the near term.

Over the past five days, Bitcoin’s price has experienced a marked decline, reinforcing the prevailing market weakness. On November 17, the price opened at 94,261 and closed lower at 92,215, with a continued downward trend in the days that followed. Both the 7-day RSI and the 14-day MFI have consistently lingered below 20, indicating an oversold condition and a significant lack of buying pressure. The Fear and Greed Index has also hovered between 11 and 15, reflecting heightened investor uncertainty and apprehension. This combination points to a dominant short-term bearish sentiment, especially as trading volume and activity have also diminished.

Analysis of the Bollinger Bands reveals that the price is approaching the lower band, suggesting a potential short-term support level. However, the widening of the bands signals increasing bearish momentum. Moving averages further confirm the downtrend, with the 7-, 14-, and 21-day HMAs trending downward and current prices sitting below these averages. Additionally, the 50-, 100-, and 200-day moving averages remain well above the current price, indicating sustained long-term weakness as well.

In terms of support, the current price is nearing the first key support zone between 84,474 and 83,949. A break below this level could see the next important support range come into play between 81,115 and 79,939, followed by weaker support areas stretching from 78,595 to 76,322. On the resistance side, the initial barrier lies between 86,845 and 87,078, which could limit any immediate recovery. Beyond that, a significant resistance range exists from 90,375 to 93,265, closely aligned with the psychological mark of 90,000. Given the subdued investor interest despite the Fed’s rate cut and the oversold market conditions, caution is advised as bearish pressure may intensify.

Overall, Bitcoin is showing clear signs of short-term weakness, although some stabilization might occur near support levels. The prevailing atmosphere of fear and limited buying interest, even after the Fed’s easing measures, raises the risk of further price declines in the near future. However, should the price find strength within the initial support range, a moderate rebound is possible. The long-term market direction will depend on forthcoming data and economic developments, so investors are encouraged to avoid hasty decisions and to carefully consider both technical indicators and fundamental factors before taking action.

Data Summary

• 1. Time:
  2025-11-22 – 00:00 UTC
• 2. Prices:
  Open: 86637.22000000
  High: 87498.94000000
  Low: 80600.00000000
  Close: 85129.43000000
• 8. Supports:
  S1: 84474.69000000 – 83949.52000000
  S2: 81115.78000000 – 79939.90000000
  S3: 78595.86000000 – 76322.42000000
  S4: 68507.7 – 68010
• 9. Resistances:
  R1: 86845.94000000 – 87078.46000000
  R2: 90375.20000000 – 93265.64000000
  R3: 94270.00000000 – 95461.53000000
  R4: 96887.1 – 98345
• 10. Psychological Support:
  80000.00000000
• 11. Psychological Resistance:
  90000.00000000
• 3. Last 5 days’ closing prices:
  2025-11-17: 92215.14000000
  2025-11-18: 92960.83000000
  2025-11-19: 91554.96000000
  2025-11-20: 86637.23000000
  2025-11-21: 85129.43000000
• 4. Volume:
  BTC: 72256.1268
  USD: $6061348756.3416
• 5. Number of trades:
  11826480
• 6. Indicators:
  RSI: 14.2300
  MFI: 12.8400
  BB Upper: 113340.16000000
  BB Lower: 85487.56000000
• 7. Moving Averages:
  SMA:
  7=91193.61000000
  14=96457.26000000
  21=99413.86000000
  30=102997.93000000
  50=107663.79000000
  100=110665.34000000
  200=109619.37000000

  EMA:

  7=90780.66000000
  14=94949.20000000
  21=97869.88000000
  30=100585.48000000
  50=104312.63000000
  100=107610.15000000
  200=106167.63000000

  HMA:

  7=85035.52000000
  14=87205.01000000
  21=88418.17000000
  30=90986.10000000
  50=94655.44000000
  100=101163.54000000
  200=108372.36000000
• 12. Funding Rate:
  0.0026% (Technically Positive)
• 13. Open Interest:
  105044.0670
• 14. Fear & Greed Index:
  14 (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.