Technical analysis by EduwaveTrading about Symbol BTC: Sell recommendation (11/1/2025)

Hi traders, Last week Bitcoin made a correction up (bearish) and went down. The wavecount turned out to be wrong because the big wick down to 102,5K on the chart above was not as big on the chart of other exchanges which makes the first downmove not three waves but five. So the first downmove is impulsive (Wave 1 or A) which makes the correction up Wave 2 or B and now it's in another downmove for wave 3 or C which could go lower. Let's see what the market does and react. Trade idea: Wait for a correction up on a smaller timeframe and a change in orderflow to bearish to trade shorts. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. But I react and trade on what I see in the chart, not what I've predicted or expect. Don't be emotional, just trade your plan! Eduwave