Technical analysis by Lamassu_Trade about Symbol BTC: Sell recommendation (10/11/2025)

In our previous analysis, we warned: “Bitcoin is testing the $120K–$124K resistance zone, right under the mid-line of the long-term ascending channel. A daily close above $124K = breakout. Rejection = bearish retrace.” And here we are — the rejection hit perfectly. BTC reached $126K, couldn’t close above $124K, and then dumped straight to $112K, confirming our bearish scenario 🔻 📉 Market recap: Clean rejection at mid-channel resistance. Price broke below $118K support → bearish confirmation. Current zone $112K–$109K may act as short-term demand. Next major support levels: $105K and $95K. For bulls to recover, BTC needs to reclaim $118K–$120K on a daily close. 💣 We said this would happen — and it did. Massive liquidations followed, and once again, patience paid off. ⚖️ Outlook: Momentum remains bearish while under $118K. Short opportunities still valid, but manage risk — volatility remains extreme. 💬 Check the proof — our previous BTC call 👇