Technical analysis by bbqgio about Symbol BTC: Sell recommendation (11/21/2025)

BTCUSD on the 60-minute chart remains in a firm downtrend, with clear lower lows and lower highs and price trading well below the 20, 60 and 120 MAs. A recent bearish Market Structure Shift and rising ATR confirm strong downside momentum. The former support zone at 88,399–89,251 has flipped into resistance, while a higher resistance cap sits near 93,000. On the downside, short-term support is trying to form around 82,400, but it’s still unproven. The primary path favors selling failed bounces. If price rejects higher and we see a 1H close back below 86,000, it would confirm sellers back in control, keeping a short bias toward 81,000, with invalidation above 88,500, just beyond the resistance band. A clean break beneath 82,400 would further validate the trend and increases the probability of extending the move toward 81,000 and, in a stronger flush, the 75,000 area. Aggressive bears can also watch for a 1H close below 82,300 as a continuation trigger toward 75,000, with risk capped above 85,500. Any sustained reclaim and hold above 93,000 would invalidate this bearish view and shift the bias back to neutral, if not cautiously constructive. This is a study, not financial advice. Manage risk and invalidations. Thought of the Day 💡: Let the trend do the heavy lifting—your job is to define risk and respect invalidation. ----------------------- Thanks for your support! If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts!