Technical analysis by Sive-Morten about Symbol BTC on 12/1/2025

Morning folks, So as we expected our downside trade from 91K is done perfect. Minimum target at 5/8 support is done. Whats next? Market now is strongly oversold on Monthly and Weekly time frames. At least by technical reasons, it is a good chance to get solid upside bounce, at least to 104K, if we follow to idea of our weekly H&S pattern . But, we need to wait a bit to get it clear. Hopefully it should be formed in 1-2 weeks, if our suggestion is correct. Right now we do not see worthy trading setups. Bearish action might continue as drop was fast, so BTC could stop not just at minimal target but to come closer to lows. For long entry we see no good setups as well.