Technical analysis by CrazyS about Symbol BTC: Sell recommendation (1/9/2025)

BTCUSDT BTCUSD 📈Which side you pick?Bulls or BearsBitcoin (BTC) is currently forming a repetitive pattern. 📈 The price will test the identified support at the bottom of the channel, which could drive the price down toward the 86K-88K level. 📉If the price drops below 92K, we may see a more significant decline into the 84K range, possibly accompanied by a long shadow reaching the 80-82K area (highlighted in red). 🔻🔍🧐The Alternate scenario:If the price stabilizes against the direction of the position below or above the trigger zone (92K), the setup will be canceled.