$BTC As of 18 Nov 2025, BTC closed around ~US$93,057.4. $BTC
Forecasts for 19 Nov 2025 suggest a modest rise toward ~US$94,586, but with caution flagged.
Technical‑analysis site flags a short‑term bearish trend: BTC is trading in a descending channel, moving averages point downward, and key support is at risk.
🔍 Technical Picture & Key Levels
Resistance zone: ~US$95,000–US$97,500. If BTC breaks above the upper boundary of the downward channel and clears this zone, momentum could flip bullish.
Support zone: near US$90,000–US$88,600, with a weaker floor around US$85,800. A break below ~US$90 k would escalate downside risk.
Indicators show RSI in ‘oversold’ territory—suggesting possible rebound, yet the trend remains under pressure.
🎯 Short‑Term Outlook (Next 24‑72 hrs)
Scenario A (Neutral/Bullish): If BTC holds above ~US$90 k and rebounds off the channel floor, watch for a push toward ~US$95 k.
Scenario B (Bearish): If BTC breaks below ~US$90 k with strong momentum, it could retest ~US$85,000–US$88,000 in the short term.
Strategy Recommendation: Wait for confirmation—either a breakout of channel + resistance clear or a breakdown of support—before initiating fresh positions.
✅ VIP Summary
Bitcoin is currently in a consolidation/slightly bearish phase, trading inside a downward channel with key support near US$90 k. The next 1‑3 days are critical: a clean breakout above ~US$95 k could reignite bullish momentum, while a failure and breach of ~US$90 k may lead to deeper correction. Exercise caution, manage risk tightly, and avoid assumption of strong trend reversal unless confirmed.