Technical analysis by WeTradeWAVES about Symbol BTC on 11/16/2025

BTCUSD has completed a strong impulsive drop, and the market is now starting to build a corrective sequence. The internal structure of the current bounce remains corrective, suggesting this move is likely part of a larger wave formation rather than the start of a new impulsive trend. If the sub-waves continue to unfold as expected, Bitcoin may form a short-term corrective pattern before the next decisive move. For now, momentum still aligns with a temporary relief structure developing after the impulsive leg down. Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.