Technical analysis by Kiu_Coin about Symbol BTC: Sell recommendation (10/23/2025)

Hello Traders 🐺 In this idea, I want to talk about both the immediate short-term and long-term effects of the current divergence on the RSI and the formation of an M pattern on the weekly chart. First, let’s talk about the short-term targets: As you can see, price is currently sitting above the orange trendline — however, I believe this support is about to be lost very soon. There’s a massive divergence on the weekly timeframe, and price is already testing this support. Still, as long as we stay above the previous low, the structure remains technically bullish. The key support, in my opinion, is the purple line — the monthly support zone — which has always acted as a strong demand area for BTC. But this time, the angle of the line looks too sharp for the current momentum, and I personally expect a deeper correction — possibly toward the $37K red box area. Yeah, it might sound unlikely, but remember the last cycle: When BTC was at $70K, no one expected to see it below $40K again — and yet, it went all the way down to $15K. This time isn’t any different. The bear market might be closer than most people think. I hope you enjoy this idea, and as always remember: 🐺 Discipline is rarely enjoyable, but almost always profitable. 🐺 🐺 KIU_COIN 🐺