{"id":36554,"date":"2025-11-17T05:17:28","date_gmt":"2025-11-17T05:17:28","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=36554"},"modified":"2025-11-17T05:17:48","modified_gmt":"2025-11-17T05:17:48","slug":"bitcoin-technical-analysis-report-17th-november-2025","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/bitcoin-technical-analysis-report-17th-november-2025","title":{"rendered":"Bitcoin Technical Analysis Report &#8211; 17th November 2025"},"content":{"rendered":"\n<p>Bitcoin briefly erased its year-to-date gains after a sharp weekend sell-off, even though the U.S. government\u2019s reopening on Thursday was expected to stabilize markets. The crypto asset fell to $93,029, slipping below its $93,507 yearly open and retreating 25% from its October peak, before recovering to around $94,209. While regulatory progress and growing corporate adoption under the Trump administration have boosted long-term sentiment, macro pressures \u2014 including tariff tensions and the record 43-day shutdown \u2014 continue to weigh on prices. Whale selling has also contributed to the downturn, though analysts noted last week that the \u201cOG Whales Dumping\u201d narrative is overstated, calling it typical late-bull-market behaviour rather than an unusual threat.<\/p>\n\n\n\n<p>At the time of writing, BTC was trading at $95,048.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" width=\"1024\" height=\"537\" src=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2025\/11\/image-313-1024x537.png\" alt=\"\" class=\"wp-image-36555\" style=\"width:1120px;height:auto\" srcset=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2025\/11\/image-313-1024x537.png 1024w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2025\/11\/image-313-300x157.png 300w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2025\/11\/image-313-768x403.png 768w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2025\/11\/image-313-1536x806.png 1536w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2025\/11\/image-313-150x79.png 150w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2025\/11\/image-313.png 1799w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>BTC, after making a new all-time high of $126,199, witnessed a sharp fall as the price plunged almost 20% to $102,000. Following this move, the asset traded in a range between $116,000 and $107,000, forming a \u2018Symmetrical Triangle\u2019 pattern. BTC gave a breakout below the range and made a low of $93,005. The asset has a strong support zone between $92,000 and $90,000. If it holds and sustains above this support, we may see some recovery, whereas a break and close below it could lead to further downside.<\/p>\n\n\n\n<p><strong>Key Levels:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Support 2<\/strong><\/td><td><strong>Support 1<\/strong><\/td><td><strong>Asset<\/strong><\/td><td><strong>Resistance 1<\/strong><\/td><td><strong>Resistance 2.<\/strong><\/td><\/tr><tr><td>$83,000<\/td><td>$90,000<\/td><td><strong>BTC<\/strong><\/td><td>$100,000<\/td><td>$107,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Unravel everything that you need for your crypto journey via <a href=\"https:\/\/zebpay.com\/in\/blog\" target=\"_blank\" rel=\"noreferrer noopener\">ZebPay blogs<\/a>. Get started today and join 6 million+ registered users on ZebPay!<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-vivid-cyan-blue-background-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/onboarding.zebpay.com\/onboarding?returnUrl=https%3A%2F%2Fzebpay.com%2Fapp\" target=\"_blank\" rel=\"noreferrer noopener\">TRADE NOW<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin briefly erased its year-to-date gains after a sharp weekend sell-off, even though the U.S. government\u2019s reopening on Thursday was expected to stabilize markets. The crypto asset fell to $93,029, slipping below its $93,507 yearly open and retreating 25% from its October peak, before recovering to around $94,209. While regulatory progress and growing corporate adoption [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":32522,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[26],"tags":[17,310,16],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/36554"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=36554"}],"version-history":[{"count":1,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/36554\/revisions"}],"predecessor-version":[{"id":36559,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/36554\/revisions\/36559"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/32522"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=36554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=36554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=36554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}