Technical analysis by HeadsUp2021 about Symbol BTC on 11/14/2025
https://finbeet.com/message/3919115

HeadsUp2021
Rank: 2753
Analytical Power:
2.0
$BTCUSD has it bottomed?
Message Type:Neutral
Price at Publish Time:
$96,619.41

BTCUSD : there is an AB = CD downside target at $93.6K. Today's low was around $94.5K with high volume. Looks like a selling climax to me. Market never points you to a clear path with 100% certainty. The $1000 short of the target can be due to front-running -- there were a lot of big money bids placed in the $94K range to catch this flush. Or, the market can still turn down to reach this target. Since it's quite likely that even if we have another flush down to $93.5K, BTC can still close above the confluence of three trendline supports, my plan is to hold my positions. I place a high probability on BTC closing above supports on the weekly chart.
Source Message: TradingView