Bitcoin analysis today Big move 22/11/2025

✅ Overall Market Structure

The chart is BTC/USDT on the 1-hour timeframe.
Price is in a short-term downtrend, followed by a corrective ascending channel (a rising wedge-like structure).

This typically signals bearish continuation unless the structure breaks upward with momentum.

🟣 Key Levels Marked on Your Chart

1. Major Resistance Zone (Upper Purple Box / Line)

Price previously rejected strongly from this zone twice.
This level remains a high-probability supply area.
Your arrow correctly shows price likely to drop again if it retests this zone.

2. Intermediate Resistance (Middle Purple Line)

This is the “neckline” of a structure.
If price reaches here, another bearish reaction is likely unless momentum breaches it.

🔵 Ascending Channel (Current Price Action)

You have drawn a rising parallel channel.
Inside this channel:

Price is creating higher lows and higher highs, but…
Momentum is weak, candles are small, and volatility is compressing.

This type of channel in a downtrend often breaks downwards.

Your arrow pointing down from the channel is aligned with typical price behavior.

📉 Bearish Scenario (Most Likely Based on Structure)

If the channel breaks down:

Expect fast movement toward 83,100 – 82,500 support area.
The downward red/green risk-reward box on the lower right matches this target area.

This is the higher-probability scenario.

📈 Bullish Scenario (Requires Breakout)

If buyers break above the ascending channel:

Next target is the intermediate purple resistance.
If that level breaks, price can push toward the major supply zone at the top.
The upward risk-reward box on the right side matches this.

This scenario is possible but lower probability unless BTC gains volume.

🧭 Summary

Current market = bearish trend + bullish correction (ascending channel).
Most likely next move = breakdown from the channel → move lower.
Only a strong breakout above the channel and purple resistance shifts bias to bullish.

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