As a seasoned crypto investor and analyst running my blog at PhoCrypto.com, I’ve been tracking Bitcoin’s movements closely for years. Today, on November 26, 2025, the market feels a bit more settled after some wild swings. Bitcoin is holding its ground around $87,000, with subtle signs of strength emerging on the charts. This comes as traders digest fresh macroeconomic shifts, including growing odds of a Federal Reserve rate cut. Let’s break it down step by step—what’s driving this stability, and where might BTC head next?
Bitcoin’s Price Action: A Modest Gain Amid Calming Markets
Bitcoin kicked off the week on a quieter note, a welcome change after recent turbulence. The leading cryptocurrency is trading at $87,774 (about $87,774 USD), up a slight 0.16% in the last 24 hours. It hit a low of around $86,200 and peaked at $88,500 during this period.
The overall market cap sits at approximately $1.84 trillion, while 24-hour trading volume dipped 10% to about $67 billion. This cooling in activity suggests investors are taking a breather, balancing risks with emerging opportunities as sentiment perks up.
Fed Rate Cuts: A Tailwind for Bitcoin’s Recovery
Shifting interest rate expectations are playing a big role in Bitcoin’s direction right now. Markets are pricing in an 80.7% chance of the Fed slashing rates to 350-375 basis points in December. This optimism spiked after Fed Governor Chris Waller highlighted a softening labor market, backing the case for easing.
For risk assets like Bitcoin, lower rates mean cheaper borrowing and more liquidity—perfect fuel for growth in a recovering market. Currently priced at $87,456, BTC has found some breathing room after weeks of pressure. Traders are eyeing how these policy shifts sync with broader market trends, especially as liquidity improves at key levels.
In my experience, crypto’s sensitivity to macro changes can lead to swift moves. If these favorable conditions hold, we could see Bitcoin building a steady rebound over the coming weeks.
Technical Breakdown: Reversal Patterns and Channel Support
Diving into the charts, a well-known analyst has spotted a structure echoing the 2021 bear market—but with a bullish twist. The downward trendline, compression, and support behaviors line up closely, yet Bitcoin is defending $82,000 firmly instead of crumbling.
This creates a solid base for a potential reversal, with price action forming a “staircase” of gradual highs rather than sharp drops. Below the trendline, BTC is building momentum in a controlled way, avoiding panic sells and boosting confidence.
Related: 3 Compelling Reasons Bitcoin Could Be a Smart Buy After Its 25% Dip
On the daily chart from November 25, Bitcoin rebounded sharply from the channel’s lower edge at $84,600. The upper boundary? That’s $93,534—a breakout there could spark a stronger uptrend. The Money Flow Index (MFI) at 16 screams oversold, hinting at easing sell pressure and room for recovery.
Projections show a path toward $108,020 and even $125,000, with higher lows providing a sturdy foundation. It’s all about controlled climbs now, aligning technicals with macro tailwinds for a more directional rally.
Wrapping Up: Bitcoin Poised for Gradual Gains
All in all, Bitcoin seems to be stepping into a more positive phase. Defending key supports, coupled with Fed easing hopes and aligning signals from past cycles, paints an encouraging picture. As long as macro factors stay supportive, expect a measured push higher.
I’ve seen these setups before—they often reward patient holders. Keep an eye on those channel boundaries and policy updates; they could dictate the next big move.
*Disclaimer: The information provided on PhoCrypto.com is for educational and informational purposes only and should not be considered as financial advice. Cryptocurrency investments involve high risk, and past performance is not indicative of future results. Always conduct your own research or consult a qualified financial advisor before making any investment decisions. PhoCrypto.com and its authors are not responsible for any losses incurred.
