BTC Technical Analysis Report 20 November, 2025
BTC cryptocurrency be expected to fall further to the next support level 85000.00 (target price for the completion of the active impulse wave iii).
- BTC falling inside accelerated impulse waves c and iii
- Likely to fall to support level 85000.00
BTC cryptocurrency continues to fall inside the sharp downward impulse wave iii, which recently broke the support zone between the round support level 100000.00 (which has been reversing the price from June, as can be viewn from the daily BTC chart below) and the 50% Fibonacci correction of the upward impulse from April. The breakout of this support zone accelerated the active impulse wave iii, which belongs to the c-wave of the multi-weekly downward ABC correction from the begin of October.
Given the bearish sentiment viewn across the cryptocurrency markets today and the fact that c-waves are usually strong directional price impulses, BTC cryptocurrency be expected to fall further to the next support level 85000.00 (target price for the completion of the active impulse wave iii).
The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff.
The information does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation, or individual needs. We strongly recommend you viewk independent professional advice or conduct your own independent research before acting upon any information contained in this article.
