Bitcoin (BTCUSD, 1D) is attempting a trend shift after the October–November 2025 selloff (from above 120,000 into the ~84,000s). Price has since carved a Double Bottom around 84,200, reclaimed the neckline near 93,000, and is now holding above the short- and mid-term averages (MA20 ~90,498, MA60 ~89,763). Momentum signals support the recovery, but the bigger test is still overhead: MA120 at 100,451.61 remains the key “bear/bull line” for the higher-timeframe trend.
The clean continuation trigger is a daily close > 96,000. If BTC can break and hold above that, the path opens toward 97,000–99,000, then a full challenge of 100,451.61, with extension potential into 102,000 and even 104,000 if buyers keep control.
The alternative is a failed breakout: a daily close < 92,500 would put the neckline back at risk and shifts focus to 89,000, then 86,500, with 84,200 as the major demand floor. This is a study, not financial advice. Manage risk and invalidations.
Thought of the Day 💡
Discipline is choosing invalidation first, profit second.
-------------------------
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If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts!
The clean continuation trigger is a daily close > 96,000. If BTC can break and hold above that, the path opens toward 97,000–99,000, then a full challenge of 100,451.61, with extension potential into 102,000 and even 104,000 if buyers keep control.
The alternative is a failed breakout: a daily close < 92,500 would put the neckline back at risk and shifts focus to 89,000, then 86,500, with 84,200 as the major demand floor. This is a study, not financial advice. Manage risk and invalidations.
Thought of the Day 💡
Discipline is choosing invalidation first, profit second.
-------------------------
Thanks for your support!
If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts!
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follow my X 👉 x.com/bbqgio
🔥 level up your Stock, FX, & Crypto: VIP access to AI technical analysis and pro market insights at TradeOS + 50%-off promo code ONBOARD 👉
ai.tradeos.xyz/?utm_source=tvbg
🔥 level up your Stock, FX, & Crypto: VIP access to AI technical analysis and pro market insights at TradeOS + 50%-off promo code ONBOARD 👉
ai.tradeos.xyz/?utm_source=tvbg
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.