Bitcoin BTC/USD is ending the trading week at 95924, continuing to move within the downward trend and has exited the bullish channel. Moving averages indicate an upward trend. Prices have broken below the signal lines, indicating downward pressure from sellers and a potential further decline in BTCUSD. At this point, we should expect an attempt at a bullish correction in the coin’s price and a test of the resistance area near 104505. From there, we should expect another downward rebound and continued decline in the Bitcoin price, with a potential target below 61665.
Bitcoin Forecast BTC/USD November 17 – 21, 2025
An additional signal favoring a decline in BTC/USD quotes during the current trading week (November 17-21, 2025) will be a rebound from the lower boundary of the bullish channel. A second signal will be a rebound from the resistance line on the relative strength indicator (RSI). A strong rally and a breakout of 118505 will cancel out the Bitcoin downside scenario this trading week. This will indicate a breakout of the resistance area and continued growth in BTC/USD quotes, with a potential target above 125865. A breakout of the support area and a close below 83165 will confirm the bearish trend, signaling a breakout of the lower boundary of the bullish channel.
Bitcoin Forecast BTC/USD November 17 – 21, 2025 suggests an attempt to break the resistance level near 104505. Subsequently, the cryptocurrency will continue to decline below 61665. A test of the trendline on the relative strength indicator (RSI) will be an additional signal of a decline in the Bitcoin price this trading week. A strong rally and a breakout of 118505 would cancel out the downward trend. In this case, a continued rise with a target of 125865 is expected.
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