Technical analysis by Mike-BTD about Symbol BTC on 11/18/2025

Bitcoin just bounced off the bottom of the downward channel. Momentum is trying to shift, but trend is still bearish until bulls reclaim the $96K zone. Key points: • Oversold signals firing across stoch & wave-trend • MACD curling from deep red — early reversal signs • Volume profile shows a low-volume gap above → clean path if $96K is reclaimed • Rejection there = continuation of the downtrend • Break above = room toward mid-$100Ks Relief bounce is forming, but structure hasn’t flipped yet. Eyes on the yellow level — that’s where this move gets confirmed or denied.