Technical analysis by DEXWireNews about Symbol BTC on 12/1/2025

Bitcoin tanked 5% today from a high of $90k+ to the $80k zone albeit there is not any fundamental news tight to the market correction. However Onchain metrics hints on Bitcoins possible voyage to the $50k support. as per data from crypto quant, the open interest of BTC on all exchanges is down 4% losing over $24B. Similarly, the funding rates of BTC on all exchanges as per data from that same source is down 15% essentially connoting traders are losing interest on BTC hence they are selling it. IS IT TIME TO SALE BITCOIN?