Bitcoin is currently experiencing a rebound, approaching the $87,000 mark after touching lows seen in November. However, the overall trend still exhibits technical bearish signals. Indicators such as the Relative Strength Index (RSI) and MACD are showing early signs of relief, though the price remains below key resistance levels.
The current market situation suggests that buyers face a significant challenge in shifting the momentum decisively. Technical analysis on the 4-hour chart indicates that the bounce originated from oversold conditions, with the RSI moving from the low 30s into neutral territory. Concurrently, the MACD histogram has turned green for the first time since last week, suggesting a decrease in bearish momentum. Despite these positive signs, the price continues to trade below crucial trendline resistance, indicating that the current rebound is fragile and not yet a confirmed reversal.
While some market participants believe Bitcoin has already found its bottom, others are anticipating another downward movement before sustained demand returns.
Analysts Divided on Future Direction
Market strategist Ali has identified the current price action as a potential bearish flag pattern on shorter timeframes. According to Ali, if this pattern is confirmed, Bitcoin could revisit the $79,000 area, which represents a significant liquidity pocket below recent lows.
Ali also highlighted an increase in sell-side risk. This indicator has begun to climb again, which has historically served as a warning sign during periods when investors aggressively take profits rather than absorbing market dips.
Bitcoin $BTC sell-side risk is rising again! pic.twitter.com/OoH3kPzmCd
— Ali (@ali_charts) November 25, 2025
In contrast, trader Michaël van de Poppe views Bitcoin's recent rebound as constructive, provided the price can stabilize, consolidate, and then challenge nearby resistance levels in the upcoming trading sessions. Van de Poppe's outlook emphasizes the importance of establishing a solid base before expecting any significant upward continuation.
Good bounce upwards for $BTC.
There's still a lot of levels to break through to be happy and jumping around.
Anyways, find a floor here, consolidate a little, and attack the resistance tomorrow/Thursday would be the game plan. pic.twitter.com/k2CEVR3BjI
— Michaël van de Poppe (@CryptoMichNL) November 25, 2025
Decoupling From Tech Stocks Adds to Uncertainty
Another noteworthy observation in the market is Bitcoin's significant divergence from the MAG7 tech stocks since the liquidation event on October 10th. While major AI-driven technology companies have continued to show strong performance, Bitcoin has experienced a sharp downward decoupling. This suggests that macroeconomic enthusiasm alone may not be sufficient to drive cryptocurrency prices higher in the short term.
Bitcoin has heavily decoupled from the MAG7 stocks following the October 10th liquidation event. pic.twitter.com/T0nF60JArD
— Crypto Rover (@cryptorover) November 25, 2025
Broader Market Context: A Search for Direction
The direction of Bitcoin's next significant move will likely be influenced by several key factors:
- •Bitcoin's ability to reclaim and sustain levels above short-term resistance.
- •The ongoing trend of selling pressure as observed on-chain data.
- •The potential return of institutional investment flows before the end of the year.
In the interim, volatility is expected to remain a dominant theme. Traders are preparing for an intense battle between buyers looking to defend long-term structural support and short-term speculators aiming to profit from the prevailing uncertainty.