Weekly Trading Analysis: A Detailed Breakdown of Market MomentumBTC 24th November – 30th November 2025
Bitcoin experienced another volatile week, marked by a sharp midweek selloff that erased the prior week’s modest gains. After briefly reclaiming $90K, BTC suffered a swift rejection and plunged back toward $86K, closing the week near its recent lows.
This move reflects a continuation of the broader bearish narrative that has gripped crypto markets since the early November tariff-driven correction. Despite occasional relief rallies, Bitcoin remains weighed down by persistent macro uncertainty, tight financial conditions, and profit-taking pressure across leveraged markets. The steep drop on November 30th was particularly notable, coinciding with heavy liquidation volume and renewed dollar strength.
Hourly Analysis
The 1-hour chart shows a pronounced breakdown in market structure. BTC traded sideways through most of the week, holding above $89K before a sharp, high-volume selloff late in the session sent price spiraling down to $86.4K.
This drop was accompanied by a clear expansion in volume and volatility, with long positions being flushed out aggressively. Both the 50 EMA and 200 EMA turned sharply lower following the selloff, confirming the re-establishment of bearish intraday momentum.
Despite the intensity of the decline, buyers managed to defend the $86K handle, triggering a brief rebound by week’s end. However, price remains capped under both EMAs, signaling that short-term control remains firmly in the hands of sellers. Until BTC reclaims $88K–$89K with conviction, intraday sentiment is likely to stay bearish, with traders eyeing $85K as key near-term support.
Daily Analysis
The daily timeframe paints a similarly cautious picture. After several sessions of consolidation, BTC failed to sustain higher prices, producing a strong bearish engulfing candle that wiped out nearly four days of progress.
The rejection near $90K reinforced the significance of this area as resistance, while the subsequent decline tested the prior weekly low near $85.5K. Volume analysis suggests that the selloff was driven by panic exits and liquidation-driven volatility rather than sustained institutional selling — but the effect was the same: renewed weakness heading into month-end.
Both the 50-day and 200-day EMAs continue to slope downward, confirming that BTC remains in a well-defined medium-term downtrend. Unless buyers can close the daily candle decisively above $88K, momentum is likely to favor continuation toward the $83K–$84K range, where heavier support clusters from the summer months remain intact.
Summary & Upcoming Events
Looking ahead, traders face another macro-heavy week, with several high-impact U.S. data releases on the horizon that could dictate the next leg of volatility. The CryptoCraft calendar highlights the following red-tier events:
Tuesday, Dec 2 – US ISM Manufacturing PMI: A critical gauge of U.S. industrial activity. A stronger-than-expected print could reignite fears of persistent economic resilience and delay rate cut expectations — typically bearish for BTC.
Friday, Dec 5 – US Unemployment Claims: Labor market strength remains a key Fed focus. A tight jobs report may bolster the dollar and weaken crypto sentiment.
Saturday, Dec 6 – US Core PCE Price Index m/m: The Fed’s preferred inflation measure. Any upside surprise here could confirm that inflation is not cooling fast enough, putting renewed downside pressure on risk assets.
In conclusion, Bitcoin continues to struggle against a backdrop of macro-driven uncertainty and technical weakness. While the $85K zone remains a key line in the sand for bulls, repeated failures to break above $89K leave the path of least resistance tilted to the downside. Traders should remain defensive as the market digests economic data and prepares for early December’s potential volatility catalyst.
Credit: Crypto Craft
