Bitcoin Price Forecast as Santiment Reports 400K BTC Withdrawn from Exchanges Over the Last Year
Bitcoin Price Movement: Bitcoin's price has decreased by over 1% to $90,421, with trading volume increasing by 10% to $45.1 billion, while a significant amount of Bitcoin has been moved off exchanges, indicating a shift towards long-term holding.
Market Performance Analysis: Despite a recent surge to an all-time high of around $125,761 in October 2025, Bitcoin has experienced one of its weakest November performances since 2018, with monthly declines of approximately 20-25%.
Technical Indicators: Bitcoin is currently trading above the 200 Simple Moving Average (SMA), suggesting potential for a price recovery, but faces resistance around the 50 SMA at $109,137, with critical support at the 0.786 Fibonacci level near $85,200.
Future Price Predictions: Analysts suggest that if Bitcoin can maintain its position above the 200 SMA, it may rebound towards the $94,000–$100,000 range, but a drop below this support could lead to a decline towards the $70,000 support zone.
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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC) As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 36049.129 | 48024.564 | 60319.149 | 72294.584 | 84589.169 | 96564.604 | 108859.189 |
| Fibonacci | 48024.564 | 57295.712 | 63023.437 | 72294.584 | 81565.732 | 87293.457 | 96564.604 |
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