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

The signs are evident. There's blood on the crypto markets. Don't bother looking at your portfolio unless you want to cry! I've been expecting a downturn for a while, bitcoin has been too extended and overpriced and with the economic doom lingering on every sector cashing out and placing your money in safer assets is an old strategy well known to those around long enough to know having skin in the game during uncertainty is not being smart, is gambling. And we dont want to gamble. Having said that, November has brough a significant downturn in crypto assets creating a ripple effect. Typically, Fall/Winter months bring a bullish outlook in crypto, and despite the clear signs, many still believe this is a dip to buy. I say, hold you horses. If you've profited and took money out, never try to guess the bottom or buy the bottom unless the trend has pivoted. The bloodshed is not over. Comparing JAN25-APRL25 [-31.81%] we can clearly see the pivot in trend after April when it finally gained momentum and the bulls took control. This most recent decline OCT25-NOV25 [-36.66] +4.85% to the downside than that of January to April 2025 decline. We're in bear territory (clearly right!). The point is, you want to anticipate these pivots way ahead of a massive dump like this one and park your assets in Tether USD or somewhere else. This guarantees your profits and a bigger hand to buy the dip when the market is ready to turn. You can go 'shopping'. But if you're one of the unlucky ones and part of the HODL gang lets get straight into it. After the $107,500 pivot retracement sell confirmation, it was clear that structure broke and more downside was expected. This was also the peak of JAN25-APRL25❗ A key price point. After breaking through this important key price point, a retest is usually followed and that's where the shorts reposition (institutional order flow) to capitalize or add on to their initial shorts, those long is their opportunity to flip. You've to look at the markets in waves! ANALYSIS : Expecting further downside on Bitcoin. A particular price point i have my eyes on is APRL25 lows to round up $75K is a good psychological level and is right below the 80 level (ie 00, 20, 50, 80,). Additionally, the peak of 2022 is right below these levels as well so a $75-$70K is an attractive level acting as a magnet. Two scenarios are currently at hand, either we continue to slam down to the forementioned levels OR a retracement is due to the 90s100 level. Thank you for taking the time to read this piece.