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Technical analysis by dRends35 about Symbol BTC: Sell recommendation (12/10/2025)

https://finbeet.com/message/3976813
dRends35
dRends35
Rank: 1423
2.2

BTC - Regressive Wave Completion?

Message Type:Sell
Price at Publish Time:
$92,019.78
Sell،Technical،dRends35

Notice the lower wicked downside shakeout before the 3 wave pop (arrow). That looks likely to be a regressive wave (short squeeze) to achieve a very fast upside move that sweeps liquidity at the highs. But if it is a regressive wave then it will entirely exhaust in this area and the bearish trend can slump down. ... In contrast to this, this area should be deep I think, and I would imagine we are close to being on the brink of a real breakout. And that is the cat & mouse game in high and low time frames. For my trading, this is an area not to be flat but instead to hold strong coins. More wild ones like meme coins may print more bearish action if this is a regressive wave completion. So we'll see - if it is a regressive wave then we just have to wait and see when the trend gets picked up again. It may well slump back down to $88K lows with bounces along the way... But the bots are highly exotic and this could be a bear trap before the next wave up. Bullish HTF, somewhat bearish LTF. Holding coins that have more chance to drift sideways, avoiding the more wild coins that have more chance to print bearish 🧐.

Source Message: TradingView