Technical analysis by robinhoood about Symbol BTC: Sell recommendation (8/25/2025)

BTC/USDT remains vulnerable on the monthly chart, with Fibonacci analysis pointing toward a likely retracement to the 0.618 zone, and this technical setup aligns with broader macro weakness tied to China’s Evergrande crisis. Once the country’s second-largest property developer, Evergrande’s $300B debt default in 2021 triggered global risk-off waves that coincided with Bitcoin’s sharp decline from its highs, showing crypto’s sensitivity to liquidity shocks. Today, as Evergrande moves through liquidation and China’s property sector remains fragile, global investors continue to retreat from risk assets, and crypto—despite its decentralized nature—still behaves like a high-beta market. This combination of tightening liquidity, weak sentiment, and historical parallels reinforces a bearish outlook for BTC in the near term.