Stock market analytics, financial forecasts

Forexmart's Market Analysis section provides up-to-date information about the financial market. The overviews are intended to give you an insight into current trends, financial forecasts, global economic reports, and political news that influence the market.

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Trading Signals for BITCOIN for November 20-23, 2025: buy above $90,000 (21 SMA - -2/8 Murray)
08:33 2025-11-20 UTC--5
Exchange Rates analysis

Bitcoin is trading around $91,750, rebounding after reaching a low of $88,000 near the important -2/8 Murray support level.

Bitcoin could consolidate around $91,000 or $90,000, which could set the stage for a strong technical rebound during which BTC could reach $97,000 in the coming days and even the psychological level of $100,000.

On the contrary, if Bitcoin falls towards the support level of $87,500, this support could give BTC a strong technical rebound, and we could look for opportunities to open long positions with targets at $93,750 and finally at $100,000.

The Eagle indicator shows that Bitcoin is oversold, so we will look for opportunities to buy whenever the price makes a technical correction.

A decisive breakout of the downtrend channel and consolidation above $93,750 could be a clear signal to open long positions in the short term.


    






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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.