Technical analysis by TPS_ACADEMY_EDUCATOR about Symbol BTC: Sell recommendation (11/4/2025)

Bitcoin continues to trade within a clear bearish trend after a series of Breaking Structure (BoS) and Change of Behavior (CHoCH) on the hourly frame, which confirms the control of sellers and the continued weakness of purchasing momentum. The price failed to hold above the main supply area at 112,000 – 115,000, which has now become a strong resistance area that pushed the price down successively until it broke the 106,000 support. 🔹Possible scenarios: Bearish scenario (likely): If the current negative structure continues, the decline is expected to extend towards the following demand areas: ➡️ 103,000 – 101,500 If this area is broken, the next target will be at 98,000 – 96,000. Bullish scenario (corrective): We may see a corrective bounce from the 103,000 area to retest the recent supply area between 107,500 – 109,000 before completing the downtrend. 💼 Trading opportunities: Sell after retest: 🔸 Entry: 107,500 – 109,000 🎯 Goals: 103,000 – 98,000 🛑 Stop loss: above 110,000 Corrective buying (short term): 🔹 Entry: 103,000 🎯 Goal: 108,000 🛑 Stop loss: below 101,500 🧭 General trend: The overall trend is still clearly bearish, supported by successive breakouts of the structure and the inability of buyers to regain momentum. 💡 Tip from TPS Academy: Maintain a clear structural perspective, and monitor the price reaction at 103,000 to determine the continuation of the downward wave or the beginning of a new correction. 🏷️ #BTCUSDT #Bitcoin #Crypto #SmartMoney #PriceAction #TechnicalAnalysis #TradingView