Technical analysis by hungry_hippo about Symbol BTC on 12/2/2025

BTC flashed a buy signal today, but I didn't buy into it because you can't get out of IBIT options off hours. We all know it can bounce back into oversold on the 3 hr and go way oversold like last drop. The big problem with crypto right now is that it tanks whenever any of the markets (Asia, US, Euro) tanks, but doesn't rebound unless all 3 major markets go up at the same time. It's not tracking any market any more, unless FDAX tanks to catch up. I think at this point, I'd rather short it when it gets overbought on the 3hr, if it ever does again, lol. I'll get flamed for saying it by a bunch of cryptards, but I don't recommend going long.