Technical analysis by Xanrox about Symbol BTC on 12/8/2025

I am currently bullish on Bitcoin in the short term, and I believe Bitcoin will hit 96k, probably this week. The current price is around 91k, so this is definitely a good opportunity to sell or open a short position at 96k on futures because later this month/in January Bitcoin will most likely continue in a downtrend and hit 74k! 74k (74,508) is a significant swing low from April 2024. There is no doubt that a lot of retail traders have their stop losses placed exactly below this swing low. This acts like a strong magnet for huge institutions, hedge funds, and big banks (market makers). It's no longer a secret that Bitcoin's development and Bitcoin's price are completely controlled by these lizards. But let's take a look at the short-term prediction. What we can see on the daily chart or on the 12h chart is a bear flag formation. This bear flag is so nice and almost textbook perfect! Inside the bear flag we have a WXY corrective pattern (3x ABC or 3x WXY). I think that this is a strong indication that the downtrend we see from the all-time high (126k) will likely continue in the next weeks. Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!The pump is in progress as I expected, we still didn't hit my target of 96k. Then at 96k, open a short position.Bitcoin is still bullish, it hit my first profit target, but then dropped back to yesterday's low.