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Technical analysis by NOBSForex about Symbol BTC: Sell recommendation (12/16/2025)

https://sahmeto.com/message/3989404
NOBSForex
NOBSForex
Rank: 3811
1.7

Bitcoin Bulls Need A Rally Soon or Price May Test 80-75k.

Sell
Price at Publish Time:
$85,896.4
Sell،Technical،NOBSForex

Bitcoin is looking pretty weak and is at an important spot on my charts. We were tracing out a bear flag and price broke down out of this flag today. We are also sitting below all of my important MA's with all of them curling down. Bulls are clinging on to the last lifeline short term which is a series of higher lows with support at 85k and 83450. I would definitely be leaning short here so selling any rallies up to 87.5k and the 8MA(89483) that fail would be good entries along with a break/hold below 85k to target 83.5, 80k. A hold below 80k is where I would press shorts for 76k, 72k. If you have to be long you could try right here (85880) with a stop below 85k but this is big time counter trend and not advised unless you're gambling for a bottom tick. A safer long is to wait for a look below and fail of 83k, 80k or a reclaim of the 8MA(89483).

Source Message: TradingView
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