Technical analysis by Beyoglu_Analyst about Symbol BTC: Buy recommendation (11/22/2025)

Bitcoin has formed a falling wedge chart pattern that is a bullish reversal chart pattern, Following this down trend since November 9 and has retest the support price level yesterday at $800,600. The weekend pump is really expected due to the highly over sold indication on trading indicators. The daily Relative strength Index (RSI) is at 22 in oversold zone. Moving Average Moving Average Convergence Divergence on 4hr timeframe indicating a short rally is ahead. Bitcoin can retest the resistance price level $880,000 today. however a decline from R1 can result in again fall of price near $840,000.