Bitcoin price prediction: BTC sentiment improves ahead of potential weekend breakout

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Sholanke Dele

28.11.2025

Bitcoin price prediction: BTC sentiment improves ahead of potential weekend breakout — Bitcoin rebounds 14% from five-month low

Bitcoin price is currently on a bullish trajectory to break above a key supply zone as sentiment recovers from extreme levels. The broader rebound from last week’s five-month low at $80,500 has lifted price to a high of $92,000, marking a 14% recovery in seven days. This bounce is supported by a mild uptick in investor confidence, as reflected in the Binance Fear and Greed Index, which has climbed from 11 to 20. Although 20 still reflects extreme fear, the improvement points to reduced anxiety from market participants.

- Bitcoin rebounds 14% from five-month low as investor sentiment shows mild improvement.

- Price consolidates near $91,500 while traders monitor key $93,000 supply resistance zone.

- 100-week EMA support and golden crossover reinforce bullish bias despite short-term rejection.

From a long-term view, the recovery took shape from around a major trendline that has supported Bitcoin since the 2022 crash. That trendline is reinforced by the 100-week EMA. The fact that price is holding above it suggests that macro buyers are still engaged and viewing this level as an opportunity to defend the broader bullish bias.

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

Amidst the recent recovery, Thursday’s test of $92,000 was rejected at a supply zone between $92,000 and $93,000, which aligns with the 100 EMA on the 4-hour chart. This supply area marks the most recent lower high of the prevailing bearish 4-hour orderflow that has dominated Bitcoin price since the all-time high at $126,000. Until that bearish orderflow breaks, Bitcoin’s structure on the short-term timeframe still leans downward. A break above that zone is required for a full shift to bullish market structure.

Bitcoin faces 4-hour supply resistance near $93k that could confirm bullish reversal

Price action today, Friday, November 28, is consolidating just above $90,100 after yesterday’s attempt to break $92,000. The current price near $91,500 signals that bulls are trying to build momentum for another upside test into the weekend. The key level to watch is the $93,000 upper boundary of the supply zone, as a breakout above it will break the bearish orderflow and open up room for a broader move higher.

If Bitcoin loses this current consolidation and breaks lower, near-term support is seen at $89,300. This level previously acted as resistance earlier in the week before flipping into support. It is also reinforced by a golden crossover of the 20 and 50-EMA on the 4-hour chart, which gives added technical importance to the zone.

In recent analysis, we discussed how Bitcoin rebounded from $80,500 to $92,000, trimming most of November’s losses. However, rising open interest and a falling long-to-short ratio showed cautious positioning.

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