Technical analysis by Sa7en about Symbol BTC: Sell recommendation (11/4/2025)

Trend: Downtrend after topping near $109–110K. Price broke below mid-FBB (~$104K), confirming short-term bearish momentum. Fibonacci Bollinger Bands: - Resistance: $109K (0.618 band), $118–123K (0.786–1.0 bands). - Support: $95K (0.382 band), $87K (–0.236 band). - Structure suggests a correction toward the green FBB zone ($90–87K) before potential rebound. Fibonacci Spiral: Inner spiral apex = October top. Outer spiral = late November → early December, hinting at timed bottom window. Volume: Selling volume increasing; no clear capitulation yet. Outlook: Short-term: Bearish bias until reclaim above $107K. Medium-term: Watch $87–95K zone + outer spiral for reversal setup. Invalidation: Daily close > $110K flips trend bullish again. Summary: Correction phase within macro uptrend. Likely path: $100K → $95K → $87K support, then rebound toward $104–109K near December.