Bitcoin price prediction: BTC extends recovery above $90k amid fading volume

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Sholanke Dele

27.11.2025

Bitcoin price prediction: BTC extends recovery above $90k amid fading volume — Bitcoin rebounded from $80,500 to $92,000

Bitcoin price is holding firm in the European session today, Thursday, November 27, as buyers push for a continuation of the recovery that started over the weekend. From a recent low of $80,500 last week, Bitcoin has rebounded over 14% in seven days, climbing to a 7-day high of $92,000 earlier today. The move has pared back the bulk of November’s losses, and week-to-date gains now stand at 5.5%.

- Bitcoin rebounded from $80,500 to $92,000, trimming most of November’s earlier losses.

- Rising open interest and falling long-to-short ratio suggest cautious positioning amid the rebound.

- Break above $93,000 could flip structure bullish, targeting the $100,000 psychological level.

This rebound follows a steep 35% decline from the all-time high of $126,000 set in mid-October. The selloff stretched for three consecutive weeks in November, marked by heavy liquidations and risk-off sentiment. However, the past few sessions have shifted tone. Yesterday alone, Bitcoin jumped 3.6% to decisively break above the $90,000 psychological barrier, sparking renewed interest among traders.

Bitcoin price dynamics (Oct - Nov 2025). Source: Tradingview

Despite today’s 1.3% gain, trading volume has started to fade from its earlier pace. That slowing volume casts on the momentum strength needed to push beyond the current supply zone, which spans $91,500 to $93,000. This zone aligns with the 100 EMA on the 4-hour chart, as such is reinforced as a critical resistance level. Until that area is cleared, Bitcoin’s short-term market structure stays technically bearish.

Bitcoin global fear index at 18 signals traders still wary of broader downside

Meanwhile, open interest has continued to rise across both yesterday’s move and today’s extension, even as the long-to-short ratio has dropped. This suggests new positions are forming, but traders may be increasingly defensive or hedged despite the rebound. The divergence between price and participation metrics points to a market still on edge.

Adding to the cautious tone, the global sentiment index sits in extreme fear territory at 18. This aligns with the order flow bias on the 4-hour chart, which continues to show lower highs and lower lows. That means unless Bitcoin can break and hold above the $93,000 barrier, the current move risks stalling out.

A confirmed break above this supply zone would flip near-term structure to bullish and open the door toward the $100,000 psychological magnet. Otherwise, another leg lower could emerge from current levels, reinforcing the broader bearish trend that has dominated since October.

In recent analysis, we discussed how Bitcoin traded sideways below $89,250 after rebounding from $80,500 low. While falling, open interest and whale selling indicated weak conviction behind the recovery.

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