Technical analysis by DomicChaina about Symbol BTC: Sell recommendation (12/4/2025)

Hello everyone, this is Domic. On the daily timeframe, BTC is moving in a very typical rhythm of a downtrend: lower highs, lower lows, and both the EMA 34 and EMA 89 clearly sloping downward. The current bounce looks more like a recovery after a heavy sell-off than a genuine reversal signal. Price has just retraced toward the EMA 34 around 93,000–95,000, while the EMA 89 remains far above, suggesting BTC still has several barriers ahead. After forming a bottom in the 82,000–85,000 region, the market printed a clean series of bullish candles, with expanding bodies and improving volume compared to the previous dump. But as price approaches the EMA 34, upper wicks have started to appear more frequently — a familiar sign of profit-taking pressure. This area also acted as strong support before it was broken, and now serves as resistance, making the return of sellers unsurprising. Only if BTC breaks above 95,000–96,000 with a strong D1 candle and holds above this zone for several sessions can we expect a deeper recovery toward the EMA 89. At the moment, I lean toward the scenario where BTC struggles around 93,500–95,500 and potentially pulls back to the 88,000–90,000 region to test buying strength. If this area holds and forms a higher low compared to 82,000–85,000, then the recovery would be worth discussing. Why am I not leaning toward continued upside yet? Four technical reasons stand out: the broader trend is still down, price is touching resistance rather than breaking it, the rebound volume is too weak, and the 93k–95k area is filled with trapped traders waiting to exit. Combined, these factors create a heavy barrier that could easily weaken BTC as soon as it touches this zone. Wishing everyone safe and clear-headed trading in this volatile period!