BTC/USDT Futures Trading Analysis - 21 November 2025
BTC/USDT Futures Trading Analysis - 21 November 2025
Market Overview
As of 21 November 2025, the BTC/USDT futures market is exhibiting significant volatility. The current spot price of Bitcoin stands at $85,846.45, while the futures price is slightly lower at $85,809.00. The market has experienced a sharp 24-hour decline of -7.31%, with the intraday high reaching $93,160.00 and the intraday low touching $85,360.00. This downward movement suggests a bearish sentiment dominating the market.
Technical Analysis
Moving Averages
The MA(50) is currently at $90,131.05, while the EMA(50) is at $89,721.87. Both indicators are trending downward, indicating a bearish outlook. The spot price is trading well below these averages, reinforcing the bearish momentum.
Relative Strength Index (RSI)
The RSI (14) is at 27.01, which is in the oversold territory. While this could signal a potential reversal, the strong bearish trend suggests that further downside is possible before any recovery.
MACD
The MACD is at -1,388.76, with the MACD line significantly below the signal line. This confirms the bearish momentum and indicates that sellers are in control.
Fibonacci Retracement Levels
Using the intraday high ($93,160.00) and low ($85,360.00), the key Fibonacci Retracement levels are:
- 23.6%: $86,000.00
- 38.2%: $87,200.00
- 50.0%: $88,260.00
- 61.8%: $89,320.00
The price is currently testing the 23.6% level, which could act as a support. A break below this level may lead to further declines toward $85,360.00.
Bollinger Bands
The Bollinger Bands show that the price is near the lower band, indicating oversold conditions. However, the bands are widening, suggesting increased volatility and potential for further downside.
Average True Range (ATR)
The ATR is elevated, reflecting heightened market volatility. Traders should exercise caution and adjust position sizes accordingly.
Volume Weighted Average Price (VWAP)
The VWAP is trending downward, aligning with the bearish sentiment. The spot price is trading below the VWAP, indicating that sellers are dominating the market.
Elliott Wave Analysis
The Elliott Wave Theory suggests that Bitcoin is in the third wave of a bearish impulse sequence. This wave is typically the strongest and longest, supporting the case for further downside.
Trading Strategy
Position Recommendation
Given the bearish technical indicators and market sentiment, a **short position** is recommended.
Entry Point
Enter the trade near the current spot price of $85,800.00.
Stop-Loss
Set a stop-loss at $87,200.00 (38.2% Fibonacci level) to limit potential losses if the market reverses.
Take-Profit
Target the intraday low of $85,360.00 as the initial take-profit level. If the price breaks below this level, consider extending the target to $84,000.00.
Position Size
Allocate no more than 2% of your trading capital to this position to manage risk effectively.
Risk/Reward Ratio
The risk/reward ratio for this trade is approximately **1:2**, providing a favorable setup for short-term traders.
Conclusion
The BTC/USDT futures market is currently in a strong bearish trend, with technical indicators supporting further downside. Traders should consider short positions with tight risk management to capitalize on the current momentum.
⚠️ *Disclaimer: This analysis is provided for informational purposes only and does not constitute financial advice. It is recommended to conduct your own research before making investment decisions.* ⚠️
Recommended Crypto Futures Exchanges
| Exchange | Futures Features | Sign-Up |
|---|---|---|
| Binance Futures | Up to 125x leverage, USDⓈ-M contracts | Register Now - CashBack 10% SPOT and Futures |
| Bybit Futures | Inverse perpetual contracts | Start Trading |
| BingX Futures | Copy-trading for futures | Join BingX |
| Bitget Futures | USDT-margined contracts | Open Account |
Join the community
Subscribe to our Telegram channel @strategybin. The most favorable exchange rate for VISA to cryptocurrencies..