Technical analysis by CryptoKnee about Symbol BTC: Buy recommendation (11/21/2025)

Bitcoin Bounce Day? Elliott Wave Structure Suggests Potential Reversal If you find this information inspiring or helpful, please consider a boost and follow. Any questions or comments, please leave a comment. Bitcoin price moved lower overnight and tapped key wave 5 MLT targets that had been building through the past week. The reaction off those levels now becomes the focal point of the day. This move down may have completed a textbook five wave extension on lower timeframes. Each leg carried the proportionality that typically shows up at the tail end of extended structures. These are red flags that accompany the potential late stages of a motive move. Now the burden shifts to price action. If this is truly an extended fifth wave low, we need confirmation through higher highs and higher lows accompanied by broken pivots. Without that evidence, price can stall, drift sideways, or extend lower. That is why today is so critical. This is not a moment to anticipate the break upward but to monitor whether the reaction off the low carries the commitment required to become a larger reversal. Bitcoin has the setup. The market now needs to validate it. A clean bounce today would be the first step in turning this into a more meaningful reversal. Until then the primary task is waiting for confirmation for confirmation it the price action and planning for a potential setup to the upside. Trade Safe Trade Clarity