Technical analysis by melikatrader94 about Symbol BTC: Sell recommendation (11/14/2025)

Hi! Bitcoin has broken decisively below the rising channel that has guided price for months, marking a significant shift in market structure. This breakdown aligns with a completed Head & Shoulders pattern, where price failed to hold the right shoulder area and continued lower, confirming bearish momentum. With the channel support lost and no meaningful bullish reaction on the retest, sellers remain firmly in control. BTC is now heading toward the next major horizontal support around $88,900, which is the key level highlighted in the chart. Unless buyers reclaim the broken channel support with strong conviction, the path of least resistance remains to the downside.