Technical analysis by TPS_ACADEMY_EDUCATOR about Symbol BTC: Sell recommendation (11/5/2025)

The price of Bitcoin against Tether is still under clear selling pressure after a series of successive breakout structures (BoS) below the structural supply areas, especially between 112,000 – 116,000, which is the area from which the last selling wave started. The market recently saw a weak structure change (CHoCH) on small time frames after a bounce from the 100,000 – 99,000 demand zone, indicating a possible temporary correction before the downtrend continues. 🔹Possible scenarios: Bearish scenario (likely): As long as the price is below 106,000 – 107,000, the downward trend remains dominant. We will likely see a retest of the mentioned supply area before resuming the decline towards the following targets: ➡️ 99,000 – 98,000 Then the deeper zone is at 94,000 – 92,000. Bullish scenario (corrective): If the price manages a clear structural break above 107,000, the correction may extend until the nearest supply zone at 110,000 – 112,000 before sellers return strongly. 💼 Trading opportunities: Sell after retesting the supply area: 🔸 Entry: 106,000 – 107,000 🎯 Goals: 99,000 – 94,000 🛑 Stop loss: above 108,000 Short-term corrective buying: 🔹 Entry: 101,000 – 100,000 🎯 Goal: 106,000 🛑 Stop loss: below 98,500 🧭 General trend: The general trend is still clearly bearish on the medium time frames, and it is preferable to focus on selling opportunities from supply areas as long as the ascending structure is not broken with certainty. 💡 Tip from TPS Academy: Patience in retesting before entering gives an advantage in entry point accuracy and risk management. 🏷️ #BTCUSDT #SmartMoney #MarketStructure #PriceAction #Crypto #Bitcoin #TechnicalAnalysis #TradingView ✳️ Smart Money Concepts style structural analysis – provided by TPS Academy