Technical analysis by miljedtothemoon about Symbol BTC on 11/15/2025

Price has been in a clear downtrend, confirmed by a descending trendline that price continues to respect. Recently, momentum has slowed, and price is forming a short-term rebound from the lower trading range. The market is now approaching the descending trendline, which is the first obstacle. A clean break and close above this trendline would suggest that bearish pressure is weakening. There is a horizontal resistance zone around $97,000, where price has reacted before. If price manages to break above the trendline and push into this area, there is room for a short-term continuation upward. If the trendline holds, price may pull back toward the lower range around $94,000–$93,500, where buyers recently stepped in.