Technical analysis by Intuit about Symbol BTC: Buy recommendation (11/18/2025)

BTC has formed into a near-perfect zigzag with a near-perfect terminal wave-C. Highest Degree (Zigzag pattern): Wave-C = A+B in time Wave-C is the most complex and time consuming part of the pattern (common for terminal impulses) There's clear alternation in time/price for all waves Wave-B retraced <0.618% of wave-A (required for zigzags) Channeling confirms end of all waves clearly Wave-C (Terminal pattern): Wave-3 = 1.382 * Wave-1 in price (common in 5th wave extensions) Wave-3 = (Wave-1+Wave-2)0.5 in time Wave-4 = ~1.618 * Wave-2 Wave-4 = ~(Wave-2+Wave-3) in time, Wave-4 alternates with wave-2 in price/time Wave-5 = 1.618(Wave-3) in price Wave-5 = (Wave-3+Wave-4) in time Channels as an expanding wedge, expected for 5th-wave extensions Sentiment indicators are also reading near all time lows, as low as it was during the covid lows and FTX lows. Given this setup as an isolated pattern, and with the high probability Bitcoin is towards the middle of a long-term pattern, this is a strong setup for a move towards ATH. To confirm it, we should see wave-C being full retraced in less than half the time it took to form.