Bitcoin analysis today 20/11/2025

📝 Chart Analysis (1H BTC/USDT – Binance)

1. Price Context

• Bitcoin is currently trading around 92,000 USDT.
• The chart shows a series of lower highs and lower lows, indicating a short-term bearish structure.

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2. Key Levels

🔴 Resistance Zone (Supply Area)

• A strong resistance/supply zone is marked around
  93,200 – 93,600 USDT (highlighted in pink).
• Price has previously reacted here twice with clear sell-offs.

🟣 Support Zone (Demand Area)

• Major support is shown around
  89,500 – 89,700 USDT.
• This area has been tested and held before, confirming demand.

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3. Market Structure

• Price recently bounced but is approaching the same resistance zone where sellers stepped in before.
• The arrow you drew suggests another expected rejection from resistance.

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4. Trade Idea Shown on Chart

📉 Expected Move (Bearish)

• The chart indicates a potential short position if BTC revisits the resistance zone.
• The idea:
  ✔ Price returns to the pink supply zone
  ✔ Bears step in
  ✔ Price continues down toward the lower support

This aligns with the existing downtrend structure.

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5. Indicators

• Several short-term moving averages are slightly crossing up but still under the larger structure.
• This usually signals a short-lived pullback rather than a full reversal.

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6. Summary

• Trend: Bearish
• Resistance: 93,200 – 93,600 (likely rejection area)
• Support target: 89,500 – 89,700
• Idea: Short from supply zone if price retests it

Your chart seems to reflect the expectation that BTC will:
→ Pull back to resistance
→ Reject downward
→ Continue toward lower support

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