Technical analysis by MrMartin_11 about Symbol BTC: Sell recommendation (11/6/2025)

Bitcoin is currently consolidating after a sharp decline, suggesting weakness in the broader market. Despite attempts by the bulls to stabilize prices and wait out the panic, overall momentum remains bearish. A pullback appears to be forming, during which BTC may retest previously broken support zones now acting as resistance — around the $104,500 level. This area aligns with the recent break-even and interest rate zones, making it a key resistance point to watch. However, unless strong bullish momentum returns, this pullback may only provide temporary relief. If price action fails to break above 104,500 decisively, Bitcoin could resume its downtrend, targeting the 95,000 support area, which serves as the next major bearish target zone. You may find more details in the chart. Trade wisely best of Luck Buddies. Ps; Support with like and comments for better analysis Thanks for Supporting.