Technical analysis by HFXAcademy about Symbol BTC: Sell recommendation (11/8/2025)

Based on the chart, BTCUSD recently tapped into a supply zone (protected high and order block supply) around 103,200–104,500 and has since shown a bearish structure shift after breaking below a key level. The fair value gap has been filled, and price is now expected to move downward toward the demand zone (order block demand) near 99,200. Therefore, the current bias is sell (short), as the market shows signs of continuation to the downside. However, if price breaks above 103,400 with strong momentum, this bearish outlook would be invalidated. Disclaimer: This analysis is for educational and informational purposes only and does not constitute financial advice. Always conduct your own research and use proper risk management before making any trading decisions.Reasoning: Price mitigated the Order Block Supply and rejected from the protected high zone. The structure shifted bearish with a Break of Structure after a CHoCH. Fair Value Gap filled — confirming institutional pricing imbalance has been corrected. Expect continuation to downside toward the Order Block Demand zone around 99,200.