Technical analysis by EXCAVO about Symbol BTC: Sell recommendation (11/25/2025)

1. Do you believe the bear market has already begun? If yes - from what moment? Yes. The bear market started in November 2025. My cyclicality chart shows it clearly: not a single scenario points to continued upside. Every chart I posted on TradingView confirms the trend reversal. 2. What was the main signal confirming the reversal? The 153rd week of Bitcoin’s growth — a historic exhaustion point that almost always marks the end of a cycle. 3. What BTC levels are critical for the downside scenario? The key horizontal level is $74,000. At minimum, I expect a clean wick below it. 4. What fundamental factors accelerated the bear market? A massive overbought environment. The 2-year AI bubble pushed valuations far above fair value. The market became overheated — even though AI is here to stay. 5. Technical factors confirming the decline? We’re dropping without any real reason. Any small headline triggers selling. October 11 wasn’t about Trump — it was a whale manipulation on big exchanges. That’s how late-stage cycles behave. 6. Why did most traders fail to see this reversal? — Short memory — Conditioned for 3 years to “buy every dip” — No exit plan — No clear framework — And of course: they weren’t following EXCAVO 😉 7. Where could BTC go in the coming weeks? First: liquidation of short positions. We may even spike up to $94,000. But that would be a trap before continuation downward. In December, I expect the formation of one of the cycle bottoms. 8. Which scenario seems more likely — panic drop or step-by-step bleed? Most likely: a step-by-step bleed. 9. Is a fake bounce possible before further decline? Yes. I already mentioned it: a short squeeze → then a big drop. Practical Part 10. What are you personally doing in this market? I’m waiting. Observing. Studying. You don’t need to be in a trade every day. Overtrading destroyed more traders than any correction. 11. What should beginners do now? Exactly what professionals do: wait for their entry point. We’re hunters in the bushes — we shoot only when the target is close. 12. What should traders revise in their strategy right now? — Understand where we are in the macro cycle — Identify what’s working — Remove what’s not — Accept that the bear market will be long and exhausting Right now we’re in the hope phase. Disappointment is ahead. Best regards EXCAVO If you have any questions, feel free to ask. In the next post, I can do another interview based on the questions you leave under this one.