29 November 2025

Bitcoin s Price Analysis: A Potential Breakout Ahead
On November 28, 2025, Bitcoin s price hovered between 91,463 and 91,809, with a market cap of 1.826 trillion and a 24-hour trading volume of 52.72 billion. The charts indicate that this price action could serve as a springboard for a potential breakout rather than just a temporary pause.
The daily chart reveals a significant recovery for Bitcoin. After a steep decline from a peak of 116,381 to a low of 80,537, Bitcoin has shown a strong reversal. Green candles are forming with higher lows and increasing bullish volume, suggesting that investors began buying around the 83,000 to 85,000 range.
Currently, with the price above the 90,000 psychological barrier, the market is eyeing resistance levels between 95,000 and 97,000 for the next move. The 4-hour chart indicates a consolidation phase with bullish potential. Bitcoin has rallied from 84,157 to 92,003 and is now moving sideways, forming a well-defined pennant. A breakout above 92,200 with sufficient volume could lead to a target around 95,000 to 96,000.
The 1-hour chart shows some indecision in the market, with prices ranging between 91,500 and 92,000. Low volume and indecision candles suggest that the market is torn between conviction and caution. A breakout above 92,100 with volume would signal the next leg up, potentially reaching 93,500.
Momentum indicators present a mixed picture. The relative strength index RSI is at 41, the Stochastic oscillator is neutral at 55, and the commodity channel index CCI is slightly bearish at 25. The average directional index ADX is healthy at 43, indicating that the trend has strength, but whether it will continue is uncertain.
Moving averages show a divided outlook. The 10-period exponential moving average EMA and simple moving average SMA are below the current price, supporting upward movement. However, from the 20-period to the 200-period EMAs and SMAs, all readings from 93,223 to 109,866 indicate lower prices, suggesting that the broader trend has not yet convincingly reversed.