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AMBCrypto’s technical analysis on the daily chart reveals that BTC has successfully reclaimed its key support level at $92,000, which it lost on November 20, 2025.
Despite reclaiming this support, a major concern for upward momentum is the broader market structure, as BTC has been forming lower highs and lower lows while facing resistance from a descending trendline.
The daily chart shows Bitcoin’s recent upward momentum has brought it to a trendline known for triggering reversals.
If whale accumulation and buying pressure fail to break through this resistance, the price could once again decline.
However, a decisive move above the prolonged descending trendline would mark the end of the bearish phase and potentially open the path toward $100,000.
Beyond price action, the Average Directional Index (ADX) points to strong momentum. At press time, the ADX stood at 37.27, well above the key threshold of 25, which separates strong from weak trends.
At the same time, the 200‑day Exponential Moving Average (EMA) remained above Bitcoin’s price, underscoring that the broader market trend is still bearish.
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