Technical analysis by ChipsnCheese about Symbol BTC: Sell recommendation (11/17/2025)

BTC broke its 14 months long trend line on weekly charts. Such a long running trend line, when broken, almost always gets retested, so there is going to be a jump to 103-104k levels in next 3 days. The price action is slow and complex which is a typical wave 4 sign, so we definitely have ATH pending in this cycle which we can reach by February 2026. For now, we will bottom at 81k mark where the ABC correction should complete. For investors with a 3-4 months investment horizon, I would reccomend to wait and not chase the rally until the weekly close ending on 23rd Nov closes about the broken trend line. Be patient for the market correction to complete, December rally is very much on the cards.