Technical analysis by TheGemHunter about Symbol BTC on 11/6/2025

1-Week Chart: Historically, BTC has bounced from the 50 EMA, which includes the 1.618 GW, and what always follows is the high volatile whipsaw. This chart would be a major clue as to the future direction and momentum of the trend: Bearish Outlook: Candles close below the 50 EMA New Candles print underneath the 50 EMA Bullish Outlook: Price continues to find support on the 50 EMA Slightly lower lows that respect the 50 EMA with a spike in buying volume This area looks like the crossroads for BTC and the overall crypto market. It's possible that we will be moving sideways in this area for the next month. We could expect stop hunts and 1W engulfing candles from the bots. So, this next month will be the moment of truth that reveals; Continuation to the Upside OR Further Correction. - Not Financial Advice-