Technical analysis by Bullish_Traders about Symbol BTC: Buy recommendation (11/16/2025)

📊 In days when everyone is talking about a 60,000k BITCOIN, the chart is showing something completely different. 👉 From a classical perspective, the price has touched a very critical trendline and is currently moving right above it. 📥 From an Elliott viewpoint, BITCOIN is in wave 4 of 5. This wave 4 has turned into a complex correction, and the price has now hit the critical 1.618% level, from which we’ve seen a solid rebound. 🔰 As long as the price remains above 94k , BITCOIN trend is bullish and there’s absolutely no reason to worry. 📈 I expect a strong bullish move from the current area toward 140k as a typical target and 167k . I definitely don’t want to miss this golden buying opportunity