Technical analysis by christoferjuliussayco about Symbol BTC: Sell recommendation (12/10/2025)

For the past weeks all BTC did was go down from 126k, from here we can hypothesize that we are on a wave to the downside and all move the upside are all corrective moves for another low to come. We can see the W wave as an easy 5 subwave with X as 3 subwaves. From here on there are 2 scenarios. 1. We are on the verge of the making of the huge wave 3 for a reversal of the trend OR 2. Our Y wave ends with a truncated and we are ready for the next major wave to the downside. Right now evidence show we are going for option 2. Why? a.) Going into the orderflow, we have 25million longs TRAPPED on the high b.) We have made a liquidity hunt on the last week's high. c.) We tapped on the VAH of the last week of November d.) All move to the high were made in a matter of minutes (a clear rejection) The option 2 scenario will give more conviction if we lose i.) 91,950 - pwVAH ii.) 91,350 - pmPOC (MAJOR CONVICTION) if we lose this All these idea will be defeated if we suddenly show strength here at the top The only thing that I am to expect for my validation is a series of 4H closes above 93,600, it shows acceptance above value of the range This idea is not made for a trade but as a guide to what to expect for the following days.A nice buy back from the drop happened for the previous day. Expecting we go up for the previous month's value rotation to 100k