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Technical analysis by Wave-Tech about Symbol BTC on 11/14/2025

https://finbeet.com/message/3919020
Wave-Tech
Wave-Tech
Rank: 670
2.7

Current Prospects for BITCOIN

Message Type:Neutral
Price at Publish Time:
$97,063.35
،Technical،Wave-Tech

At present it appears that BITCOIN , albeit extremely oversold on the daily and due for a rally of measure, has not yet worked off a bearish downside momentum confirmation . Chart patterns suggest two downside targets . The nearest at $93,100 , and the furthest at $71,580 , which is in general confluence with the (4) wave of one lesser degree at $74,434. The above wave structure assumes that BITCOIN is declining in a 4 wave of primary degree and that a new all time high is yet to come. Alternately, such an assumption should not discount the possibility that the primary 5th wave anticipated has not already topped at the standing high of $126,272.

Source Message: TradingView