Bitcoin (BTC) Price Analysis for November 29
Analysis
Price Impact
LowThe analysis suggests bitcoin has not accumulated enough energy for a sharp move, with falling volume and a likely scenario of consolidation between $90,000-$92,000. neither bulls nor bears are controlling the market, limiting increased volatility.
Trustworthiness
MedThe analysis is from u.today, a known crypto news source, offering technical observations on various timeframes. however, it is an opinion piece and market conditions can change rapidly.
Price Direction
NeutralThe prevailing sentiment is consolidation, with the price expected to range between $90,000 and $92,000 due to a lack of strong momentum from either buyers or sellers. a short-term test of $91,500 is possible if it closes above $90,897, but the broader outlook is flat.
Time Effect
ShortThe analysis focuses on hourly and daily charts for immediate price action and predicts consolidation 'shortly' without increased volatility, indicating a short-term outlook.
Original Article:
Article Content:
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News The prices of most coins are in the red zone on Saturday, according to CoinStats . Advertisement Top coins by CoinStats BTC/USD The rate of Bitcoin (BTC) has gone down by 1.37% over the last 24 hours. Image by TradingView On the hourly chart, the price of BTC is trying to fix above the local resistance of $90,897. If the daily candle closes above that mark, the growth may lead to a test of the $91,500 zone soon. Image by TradingView On the bigger time frame, the rate of the main crypto has not accumulated enough energy for a sharp move. Such a statement is also confirmed by the falling volume. You Might Also Like Fri, 11/28/2025 - 16:35 Binance Coin (BNB) Price Analysis for November 28 By Denys Serhiichuk In this regard, consolidation in the area of $90,000-$92,000 is the more likely scenario. Image by TradingView From the midterm point of view, neither bulls nor bears are controlling the situation on the market. Respectively, traders are unlikely to witness increased volatility shortly. Bitcoin is trading at $90,912 at press time. #Bitcoin Price Prediction