Technical analysis by Paradise_Noir about Symbol BTC: Sell recommendation (11/18/2025)

Bitcoin has dropped below $90,000 for the first time in nearly seven months, as uncertainty surrounding the Federal Reserve's interest rate path, coupled with delayed economic data, has reduced demand for riskier assets like Bitcoin. This has led to continued strong selling pressure on Bitcoin. On the chart, Bitcoin is moving in a clear downtrend, with consecutive lower highs and lows. Bitcoin has broken through previous support levels and is now testing lower price levels. In particular, the downward trendlines and the strong resistance at 90,000 USD are key factors in determining the trend. The current price is near an important support level at 84,200 USD. If Bitcoin fails to hold this level, the likelihood of further declines towards 80,000 USD is high, with the next support level in this range. Trade Strategy Recommendations: Sell: When Bitcoin faces resistance at 90,000 USD or 96,500 USD, with targets at 84,200 USD and 80,000 USD. Buy Against the Trend: Consider buying if the price drops significantly and shows signs of recovery from 80,000 USD, with short-term trades and low-risk exposure.