Key Highlights
- Bitcoin has soared above $92,000; however, it failed to sustain the rally and plunged quickly below $91,000
- According to a crypto analyst, Bitcoin is now just 1.5% away from turning its entire 2025 yearly candlestick green.
On November 28, the biggest cryptocurrencies, Bitcoin, soared above $92,000, touching a major resistance level again on a weekly chart. The cumulative market capitalization of the cryptocurrency market is around $1.84 trillion.
However, the cryptocurrency failed to sustain this rally. At the time of writing this, Bitcoin is trading nearly around $92,660 with a 2% hike in the last 24 hours, according to CoinMarketCap.
Bitcoin Soars with Fresh Capital
After Trump announced a 100% tariff on China on October 10, the cryptocurrency market has witnessed the biggest liquidation of its history, wiping out $19 billion investment in just a few hours.
According to the crypto analyst on X (formerly Twitter), Ali shared his analysis, saying that $84,570 is the support that matters, and $112,340 is the ceiling to watch.
For Bitcoin $BTC, $84,570 is the support that matters, and $112,340 is the ceiling to watch. pic.twitter.com/rI0dhCgiMK
— Ali (@ali_charts) November 27, 2025
According to Rekt Capital, Bitcoin is heading towards a bullish trajectory for 2025. According to fresh analysis from the popular commentator Rekt Capital, the cryptocurrency is now just 1.5% away from turning its entire 2025 yearly candlestick green.
Bitcoin is +1.5% away from flipping the 2025 Yearly Candle into a green one
Four Year Cycle principles suggest Bitcoin will end 2025 green$BTC #Crypto #Bitcoin https://t.co/ktWhBcfmdg pic.twitter.com/PuAyFjlKsb
— Rekt Capital (@rektcapital) November 28, 2025
If it happens, it would provide a symbolic victory for bulls and align with long-held market theories about Bitcoin’s predictable price cycles.
“The fact that Bitcoin is now hovering below the Four Year Cycle level of ~$93k is likely an indication of how overextended this current retrace really is. History suggests price should be able to end 2025 with a green candle, by closing above $93k, before lapsing completely in 2026,” the crypto analyst stated.
The chances for a green yearly close come with extra weight because if supports the established Four Year Cycle principle. This mode, observed throughout Bitcoin’s history, suggests that the asset typically experiences major bull markets in the year after the halving event in 2024. It cut the issuance of new tokens in half.
If Bitcoin wants to further build on this newfound momentum to get closer to the black Macro Downtrend line…
Bitcoin will need to Weekly Close above ~$93500 and turn it to support, just like in previous green circles$BTC #Crypto #Bitcoin https://t.co/GyC0Uicfdh pic.twitter.com/N4EsK0pFk0
— Rekt Capital (@rektcapital) November 28, 2025
A positive close for 2025 would strongly trigger this pattern, which can boost investor confidence in the continued upward trend. While the yearly close is a major focus, Bitcoin faces an immediate technical challenge. Rekt Capital’s chart analysis suggests that the $93,000 price level is the next critical battleground.
For Bitcoin to build on its recent momentum and make a decisive push towards its macro downward trend line, it must achieve a weekly close above this crucial resistance. The cryptocurrency has already shown strength.
Apart from this, Bitcoin ETFs have also accumulated over $139 million in inflows, according to Farside. While this figure is not substantial, it still shows institutional investors’ confidence in the cryptocurrency.
Bitcoin Shows Bullish Sentiment Amid Fear Sentiment
Bitcoin is showing 24-hour trading volume surging by 13% in a clear sign of heightened market volatility. The cryptocurrency’s fundamental scarcity continues to be a major milestone of its value proposition, with the circulating supply of 19.4 million Bitcoin.
This strength is the reflection of market mood, where overall sentiment stands at strongly optimistic around 82%. Bitcoin’s price action has been constructive, successfully breaking above a key short moving average of $88,800 and pushing toward testing the major $92,000 resistance level before entering a consolidation phase.
Apart from this, the odds of a Fed rate cut in the next month are also growing rapidly. “While the next FOMC meeting remains a close call, we now believe the latest round of Fedspeak tilts the odds toward the Committee deciding to cut rates in two weeks from today,” J.P. Morgan’s chief U.S. economist Michael Feroli said.”We’re back to looking for a final cut in January.”
