Hello Binance Square Community!
Today is November 25, 2025, and we are witnessing a pivotal moment for Bitcoin (BTC). On the weekly (1W) chart, BTC is resting on a significant trendline and key moving average.
The current price is $86,849.51, which is down $-1,472 (-1.67%) from last week.
📊 Weekly technical overview
* Rising wedge formation:
* BTC has been trading within a large rising wedge pattern since the early months of 2023 (as shown by the blue lines).
* This pattern generally indicates a bearish reversal, but as long as the lower trendline does not break, the bullish trend will remain.
* Critical support zone:
* There is a purple box on the chart, which is around $99,723 near the lower rising trendline and the 20-week moving average (green line).
* However, currently BTC is trading below this zone at $86,849, which is a warning sign.
* Your nearest strong support: According to the chart, the next significant support line is $66,421.94 (200-week MA). This is an extremely strong long-term support.
🔑 Next potential step (for the next 1-3 months)
The situation is serious: since BTC is below the important trendline support of $99,723, we need to consider two main scenarios:
* Scenario 1: Bearish breakdown (Bearish Scenario 📉)
* If BTC loses its grip at the $85,000 level and maintains pressure at lower levels.
* Next target: $66,421 (200-week MA). This would be a significant bearish move.
* Scenario 2: Bullish reversal (Bullish Scenario 📈)
* If BTC quickly bounces back above the $99,723 trendline.
* Next target: $120,000 and then the upper level of the wedge pattern will be $140,000+.
Conclusion and your opinion
Investors need to exercise extreme caution now. Coming back above $99,723 will save the bullish outlook. Falling towards $66,421 would mean a break of the long-term trend.
In your opinion, is BTC going to touch the 200-week MA, or will it see a fantastic bounce from here? Share your opinion below.
> #Write2Earn #Bitcoin #BTCTrading #CryptoAnalysis #WeeklyChart
> ⚠️ Disclaimer: This post is based on long-term educational analysis. Please note that investing in cryptocurrency is risky. This is not financial advice. Always do your own research (DYOR).
>

