Technical analysis by Mihai_Iacob about Symbol BTC: Sell recommendation (12/11/2025)

As I mentioned in my previous analysis, the idea that “BTC has bottomed” simply doesn’t convince me. And let’s be honest: when a true bottom forms, you won’t see every account on social media announcing it. Markets don’t work that way — especially crypto, where optimism is often weaponized. From a structural perspective, the entire rise from the 80k zone looks like a textbook corrective move. Yes, we had a perfectly normal rebound into the 94k area, but everything that followed has been classic corrective behavior: - Mostly ranging price action - Repeated spikes into 95k that were quickly sold - Clear overlapping structure - A bearish flag, which statistically favors continuation lower If we also consider the four-month distribution phase between 110k–120k, it becomes even harder to justify a bullish reversal narrative. Distribution of that scale rarely resolves into instant trend reversals — instead, it usually marks the beginning of a deeper cycle shift. So from a psychological standpoint, the crowd is still bargaining — trying to convince themselves the trend is intact, even though the structure keeps printing lower-probability bullish outcomes. That cognitive dissonance is exactly what fuels bear markets. My view remains unchanged: 75k remains the primary downside target. And for me, nothing changes unless BTC manages to stabilize above 100k — not just wicks above, but hold with clear buying interest. Until that happens, selling rallies is the only rational play.