Technical analysis by Ario_trader about Symbol BTC: Sell recommendation (11/24/2025)

🔻 BITCOIN TECHNICAL BREAKDOWN - BULL TREND TERMINATION 🔻 Key Technical Observations: • Breakdown below critical multi-month trendline support • Price trading below key Fibonacci retracement levels • MACD showing bearish divergence on higher timeframes • Volume profile indicates distribution pattern Market Structure Shift: The breach of the 0.618 Fibonacci level around $60,700 confirms weakening buyer momentum. The next major support zone lies at the 0.786 level near $59,800. A break below this could accelerate selling pressure toward the $58,500 region. Trade Parameters (Theoretical): Direction: Bearish/Breakdown Key Resistance: $61,500 (previous support) Next Support: $59,800 → $58,500 Invalidation Level: Above $62,000 Pro Analysis Tips: 🧠 This isn't a short-term pullback but a structural trend change ⚡ Crypto volatility requires wider stop losses and position sizing 📉 Monitor Bitcoin dominance for altcoin correlation impacts This analysis suggests the bullish cycle has peaked, and a corrective phase is beginning. Always manage risk accordingly! Hit Boost🚀👍 if this analysis helps your trading decisions!