The post Bitcoin Oscillates Above Its $80,000 Bottom appeared on BitcoinEthereumNews.com. // Price Reading time: 2 min Published: Dec 02, 2025 at 22:37 Bitcoin’s (BTC) price is declining after retesting the 21-day SMA barrier at $93,000. BTC price long-term prediction: bearish If this barrier were surpassed, the largest cryptocurrency would have returned to its psychological level of $100,000. Following the recent rejection, the BTC price has dropped sharply to its previous low. As Coinidol.com reported previously, on November 21, Bitcoin fell to a low of $80,000, but buyers purchased the dips. Bitcoin has fallen again as it approaches the $80,000 support, as buyers failed to keep the price above the moving average lines. On the downside, if the $80,000 support holds, Bitcoin will be confined to a range-bound movement above the current support and below the moving average lines. However, if the current support is breached, the BTC price will fall to $73,000. The current BTC price is $85,090. Bitcoin price indicator analysis The 21- and 50-day SMAs are sloping downwards, indicating a downturn. The price bars are below the moving average lines and are being repelled by the 21-day SMA barrier. Long candlestick tails indicate the $80,000 support level, showing strong buying pressure at this level. The moving average lines on the 4-hour chart are horizontal following the end of the downtrend above the $80,000 support level. What is the next move for BTC? Bitcoin has been moving sideways since the downtrend halted above the $80,000 support level. BTC is trading above the $80,000 support but below the $94,000 high. Today, the Bitcoin price is rising after reaching a low of $84,000. The Doji candlesticks have appeared as Bitcoin continues to oscillate, awaiting the resolution of the trend. Disclaimer. This analysis and forecast are the personal opinions of the… The post Bitcoin Oscillates Above Its $80,000 Bottom appeared on BitcoinEthereumNews.com. // Price Reading time: 2 min Published: Dec 02, 2025 at 22:37 Bitcoin’s (BTC) price is declining after retesting the 21-day SMA barrier at $93,000. BTC price long-term prediction: bearish If this barrier were surpassed, the largest cryptocurrency would have returned to its psychological level of $100,000. Following the recent rejection, the BTC price has dropped sharply to its previous low. As Coinidol.com reported previously, on November 21, Bitcoin fell to a low of $80,000, but buyers purchased the dips. Bitcoin has fallen again as it approaches the $80,000 support, as buyers failed to keep the price above the moving average lines. On the downside, if the $80,000 support holds, Bitcoin will be confined to a range-bound movement above the current support and below the moving average lines. However, if the current support is breached, the BTC price will fall to $73,000. The current BTC price is $85,090. Bitcoin price indicator analysis The 21- and 50-day SMAs are sloping downwards, indicating a downturn. The price bars are below the moving average lines and are being repelled by the 21-day SMA barrier. Long candlestick tails indicate the $80,000 support level, showing strong buying pressure at this level. The moving average lines on the 4-hour chart are horizontal following the end of the downtrend above the $80,000 support level. What is the next move for BTC? Bitcoin has been moving sideways since the downtrend halted above the $80,000 support level. BTC is trading above the $80,000 support but below the $94,000 high. Today, the Bitcoin price is rising after reaching a low of $84,000. The Doji candlesticks have appeared as Bitcoin continues to oscillate, awaiting the resolution of the trend. Disclaimer. This analysis and forecast are the personal opinions of the…