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24.11.202516:59 Forex Analysis & Reviews: Trading Signals for BITCOIN for November 24-27, 2025: sell below $87,500 (21 SMA - 2/8 Murray)

Rilevanza fino a 09:00 2025-12-08 UTC--5

Exchange Rates 24.11.2025 analysis

Bitcoin is trading around $86,366 above the 21 SMA and within the downtrend channel formed since November 10.

After reaching a low of $80,000, Bitcoin made a strong technical rebound, reaching $88,000. However, we are now seeing a technical correction. BTC could return to $85,000 or even reach $83,500 in the coming days.

If Bitcoin breaks decisively above the 2/8 Murray, consolidates above this zone, and in turn breaks the downtrend channel, it could be seen as an opportunity to continue buying with a target at the 3/8 Murray located at $93,750. Finally, we expect it to reach the psychological level of $100,000.

On the other hand, if the bearish force prevails, a good zone to sell would be below 2/8 Murray, with targets at $85,300, and at the 1/8 Murray around $81,250.

The Eagle indicator is giving a positive signal. Therefore, any pullback, as long as the price trades above the psychological level of $80,000, will be seen as an opportunity to continue buying.

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Dimitrios Zappas,
Analytical expert of InstaSpot
© 2007-2025
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