bullish

Bitcoin

Resistance

Captain

<ul class="wp-block-list">
 <li>Bitcoin struggles to break $93K, while sellers still dominate and buyers react at lower support near $76K.</li>
 <li>BTC bounced from $80,900 and formed a short-term range between $91K–$93K, showing temporary balance.</li>
 <li>Trading around $90,900, Bitcoin slowly recovers from its longer-term decline but remains below key resistance.</li>
</ul>
Bitcoin (BTC) is under pressure, moving inside a falling wedge on the four-hour chart. Bulls are finding it hard to push past the key $93,000 resistance.
Captain Faibik, a market analyst, observed, "$BTC Descending Broadening Wedge formation on the 4h timeframe Chart..!! Bitcoin bulls are still struggling to reclaim the 93k Resistance zone. Once they Break &amp; hold above it, next major hurdle will be the 100k level."&nbsp;
This structure shows <a href="https://cryptofrontnews.com/bitcoin-faces-key-test-as-rising-wedge-hints/" rel="noopener noreferrer nofollow">BTC oscillating between lower highs and lower lows</a> while attempting temporary recoveries. Hence, the market remains in a critical phase where breaking above key resistance could restore bullish momentum.
<figure class="wp-block-image aligncenter size-full is-resized">
 <img src="https://cryptofrontnews.com/wp-content/uploads/2025/11/unnamed-2-1-1.png" alt="" class="wp-image-40712">
 <figcaption class="wp-element-caption">
 Source: <a href="https://x.com/CryptoFaibik/status/1995017599923491078?s=20" rel="noopener noreferrer nofollow">Captain Faibik</a>
 </figcaption>
</figure>
The descending wedge formation sees BTC repeatedly testing both support and resistance levels. Initially, the price peaked near $128,000 before sharply declining along the upper trendline of the channel. By early November, Bitcoin fell below $112,000, confirming the persistent downtrend.&nbsp;
Additionally, short-term rebounds have occurred, with prices approaching $116,000 but reversing after encountering resistance. Consequently, sellers continue to dominate, while buyers react at lower support levels.
<h2 class="wp-block-heading" id="support-levels-hold-amid-temporary-rebounds">Support Levels Hold Amid Temporary Rebounds</h2>
Consistent lower lows may be seen in the declining channel, with the support line around $76,000 holding several times. On November 21, BTC rose from roughly $80,900, providing buyers with a distinct reaction point. A consolidation area between $91,000 and $93,000 was also created by the price steadily rising to $92,500.
Short-term balance between buyers and sellers is indicated by this rectangular range. The upper channel line continues to provide resistance, but the general trend is still declining.
Even without exact volume data, <a href="https://cryptofrontnews.com/bitcoin-near-oversold-zone-as-analysts-track-key-recovery-signals/" rel="noopener noreferrer nofollow">Bitcoin shows clear sharp ups and downs</a>. Right now, it’s trading around $90,900—above recent lows but still below the upper range. This means Bitcoin is slowly bouncing back from a longer-term drop.
Market movement shows that buyers temporarily support the trend, while sellers control it. Furthermore, the falling wedge shape is still important since it controls price fluctuations inside predetermined bounds.
The post <a href="https://cryptofrontnews.com/bitcoin-faces-key-resistance-amid-descending-wedge-formation/" rel="noopener noreferrer nofollow">Bitcoin Faces Key Resistance Amid Descending Wedge Formation</a> appears on <a href="https://cryptofrontnews.com" rel="noopener noreferrer nofollow">Crypto Front News</a>. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Bitcoin Faces Key Resistance Amid Descending Wedge Formation

Table of Contents

CFN

Other articles published on Nov 30, 2025

GeeFi (GEE) Becomes Winter Top Token as It Sells 10M Tokens in a Week, Outshining Solana’s (SOL) ...

Bitcoin Prediction Markets Point To Moderate Year-End Gains As Traders Assign Low Odds To Extreme...

Cathie Wood’s ARK Maintains $1.5M Bitcoin Goal, Predicts Market Bounce Back

Crypto Sentiment Rebounds from 18 Days of ‘Extreme Fear’ — What’s Next?

Kevin Hassett Signals Willingness to Serve as Federal Reserve Chair

Here’s Where Kaspa (KAS) Price Could Be Headed This Week

Join our free newsletter for daily crypto updates!