Technical analysis by Harry_Brook3 about Symbol BTC: Sell recommendation (11/25/2025)

Bitcoin is the world's first and most recognized decentralized cryptocurrency. Invented in 2008 by an unknown person or group under the pseudonym Satoshi Nakamoto, it operates on a peer-to-peer network known as the blockchain. Key Feature: It allows transactions to be conducted directly between users without the need for a central authority, like a bank or government. Supply: Its total supply is capped at 21 million coins, making it a digitally scarce asset. 📉 Current Market Summary (November 25, 2025) As of today, Bitcoin is experiencing a period of significant bearish pressure and market consolidation following a sharp downturn in recent weeks. Price: Trading in the range of approximately $87,000 to $88,000. Recent Trend: Bitcoin has seen its sharpest monthly drop in over three years, falling more than 20% in November alone. This decline came after it failed to hold key psychological levels like $100,000 and $90,000. Key Drivers: Risk-Off Sentiment: Global investor caution due to broader macroeconomic worries, shifting interest rate expectations, and a rotation of capital toward safer assets like the US Dollar and short-term bonds. Institutional Outflows: Significant capital redemptions from spot Bitcoin Exchange-Traded Products (ETPs/ETFs) have been a major factor, indicating cooling institutional demand. Technical Breakdown: The price action has been consistently bearish, failing to reclaim critical resistance levels, with many analysts pointing to strong technical support potentially around the $83,000 level. The overall sentiment in the market remains one of "Extreme Fear" as investors assess whether the recent drop constitutes a deep washout or if further downward movement is likely.