Bitcoin price prediction
Bitcoin’s relative strength index (RSI) at 29.36 suggests a potential price bounce towards the range of $96,900 to $103,000, as it remains above the critical support level of $90,000 throughout November 2025.
In recent trading, Bitcoin has demonstrated an oversold condition with its RSI indicating a potential upward movement. The current RSI value of 29.36 illustrates that the cryptocurrency may be positioned for a rebound. Analysts are watching closely as BTC holds above the crucial support level of $90,000, which is essential for maintaining upward momentum.
If Bitcoin can sustain its price above this support, the likelihood of retesting the $96,900-$103,000 range increases. Investors remain optimistic as the market shows signs of stabilization. The ability to hold above $90,000 could provide the necessary foundation for a rebound.
Market participants are advised to monitor these levels closely, as they may indicate future price movements. Should Bitcoin successfully break out of its current trading range, it could signal stronger bullish sentiment among traders.
