Technical analysis by melikatrader94 about Symbol BTC: Sell recommendation (12/1/2025)
https://finbeet.com/message/3954808

melikatrader94
Rank: 265
Analytical Power:
2.9
BTC: Bearish Continuation Setup After Major Channel Breakdown
Message Type:Sell
Price at Publish Time:
$86,014.35

Hi! Price broke hard below the long-term ascending channel, confirming a clear shift from bullish to bearish momentum. After the breakdown, BTC is moving in a small descending correction channel, creating a classic lower-high retracement toward supply. Direction: Short Entry Area: 87,200 – 88,300 (two stacked red zones) Stop-Loss: Above 88,700–89,000 (top of supply) Target: 83,000 – 84,800 (large green demand area)our target was between 83,000 – 84,800 that reached
Source Message: TradingView