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

🚨Bitcoin ( BTCUSD ) enters the next bearmarket: 🔎Analysis summary: Bitcoin always creates textbook cycles. And after every retest of the major resistance curve, Bitcoin started a major bearmarket. Since we already witnessed bearish confirmation, Bitcoin is heading for a new correction. Just let it play out. 📝Levels to watch: $60,000 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION🚨Bitcoin ( $NASDAQ:BTCUSD ) can still drop more: 🔎Analysis summary: Over the course of the past couple of weeks, Bitcoin already dropped an expected -30%. However, it is totally expected that we see a short term consolidation now. The underlying trend still remains bearish though and Bitcoin will drop more in the near future. 📝Levels to watch: $60,000 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION