Technical analysis by coinpediamarkets about Symbol BTC on 11/18/2025

Pattern: Downtrend Flush Will be coming Into Major Demand Zones + Potential Reversal Setup The chart shows Bitcoin extending its strong downtrend, pushing into two major demand zones where price has historically seen powerful bullish reactions. Sellers are in clear control, but these zones represent areas where large buyers (smart money) previously stepped in aggressively. Key Observations 🔹 Strong Downtrend: BTC has been selling off sharply, wiping out its 2025 gains as price dropped below $90K. 🔹 1st Demand Zone ($85,236–$85,241): A key reaction zone where a major rally started in April. Buyers may attempt a defense here. 🔹 2nd Demand Zone ($76,712–$74,311): A deeper, stronger demand block — if tapped, could trigger a high-volume reversal. 🔹 Increasing Sell Volume: The volume profile shows rising red sell pressure, confirming bears currently dominate. 🔹 Historical Buy Reaction: The circled April volume spike highlights strong accumulation that launched a significant upside move from these zones. 🔹 Liquidity Sweep Potential: The dotted arrows show possible liquidity grabs into demand before a bounce. 🔹 Market Structure: Overall macro trend remains bullish, but short-term structure is bearish until demand shows strength. Potential Move If BTC holds the 1st demand zone ($85.2K–$85.2K): 🎯 Target 1: $92,000 🎯 Target 2: $98,000 A daily close below $74,300 would weaken and likely invalidate the bullish demand-zone reversal setup. Summary Bitcoin is sliding into key demand zones after a steep selloff, with rising volume confirming heavy distribution. These zones, however, have historically triggered strong bullish reversals. If buyers defend either demand zone, BTC could stage a notable rebound toward $92K–$98K. Failure to hold $74.3K would expose lower levels and weaken the bullish scenario.