Investing 29-11-2025 13:03 7 Views

Bitcoin Price Prediction: Weekly RSI Flashing Oversold – Is This the BTC Bottom Before $100K?

Bitcoin is trading at $90,733.75 today, down 0.85% in the past 24 hours, with a massive $53.3 billion in trading volume. As the world’s largest cryptocurrency, Bitcoin maintains a market cap above $1.81 trillion, supported by a circulating supply of 19.95 million BTC.

With only about one million coins left before the hard cap, every macro dip invites one recurring question: is this the final bottom before the next push toward $100,000?

Bitcoin (BTC/USD) Testing Key Weekly Levels

Bitcoin’s weekly chart shows the market attempting to stabilize after a three-week decline. Price has bounced from the $91,651 Fibonacci 0.236 level, producing a candle with a long lower wick, an early sign that selling pressure is easing.

BTC continues to respect the long-term ascending trendline that has guided the market since early 2023, preserving the broader pattern of higher lows.

Bitcoin is holding the $91K support as weekly RSI hits oversold. A close above $98K could reopen the path toward $103K and $108K. Trendline from 2023 still intact.#BTCUSDT #Crypto pic.twitter.com/EVyJ8bmkLJ

— Arslan Ali (@forex_arslan) November 29, 2025

However, Bitcoin remains under the 20-week EMA at $105,528, a threshold that often defines the difference between short-term recovery and confirmed trend continuation.

The current structure resembles a developing falling wedge, a setup that frequently precedes larger bullish reversals once the upper boundary gives way.

Bitcoin (BTC/USD) Oversold RSI and the Path Toward $100K

Bitcoin price prediction is likely to turn bullish as BTC’s weekly RSI is holding at 39 now, in oversold territory. It’s a zone that has historically aligned with major long-term accumulation phases. If Bitcoin can defend the $91K–$92K band, the next major test lies at $98,279, where previous support meets the 0.382 retracement.

A breakout above this zone would confirm a shift in trend strength, allowing BTC to approach $103,574 and the crucial 20-EMA at $105,528.

Bitcoin Price Chart – Source: Tradingview

Above that level, upside momentum could accelerate. Technical models and wedge-break projections suggest BTC may target $108,845, with the broader range of $115,000–$126,000 opening if buyers regain strong control.

Key upside markers:

$98,279: Momentum shift zone $103,574: First technical clearance $105,528: Weekly 20-EMA retest $108,845+: Bullish continuation region

BTC Outlook: Is the Bottom In?

A constructive long setup forms on a weekly close above $98,279, with $91,000 as the risk threshold. This path could carry BTC toward $103K, $108K, and eventually $115K, especially if sentiment firms in early 2026.

For presale participants and long-term allocators, the current oversold structure may be the early stage of Bitcoin’s next major expansion cycle, setting the stage for another attempt at the elusive $100,000 milestone.

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