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

Market Context Bitcoin remains in a daily downtrend following the completion of a large Cypher Harmonic structure. After the impulsive selloff from point C, price has entered a bearish flag consolidation, reinforcing the probability of trend continuation lower rather than reversal. This is classic impulse → consolidation → continuation behavior. Harmonic Structure Recap XA: Strong impulsive advance. AB: Corrective retracement (~0.58). BC: Extension into 1.26, forming exhaustion at point C. CD (In Progress): Expansion toward 0.786 of XC, projecting completion near $60K–$66K. The harmonic structure provides the macro roadmap; the bearish flag provides the execution trigger. Bearish Flag Breakdown Flag formed after a high-momentum selloff (flagpole). Price is consolidating inside a descending corrective channel. Volume has contracted during consolidation — textbook bearish flag behavior. Recent rejection from the upper boundary confirms seller dominance. A breakdown below the flag low should trigger continuation toward the Cypher D zone. Structure & Momentum Market structure: Lower highs, lower lows intact. Daily RSI: Holding below 40 No bullish divergence present Confirms bearish continuation bias Prior demand levels have failed → now acting as resistance. Trade Plan Primary Setup: Bearish Continuation Short Entry (Aggressive): Breakdown below flag support Short Entry (Conservative): Pullback into $88K–$95K supply zone Invalidation: Daily close above $95,000 Targets: TP1: $78,000 TP2: $70,000 TP3: $60,000 – $66,000 (Cypher D completion / HTF demand) Risk remains asymmetric to the downside while price stays below flag resistance. Alternative Scenario Only a clean daily close above $95K, followed by structure reclaim, would invalidate: Bearish flag Cypher continuation Daily downtrend bias Until then, all upside moves are corrective. Conclusion Bitcoin is aligning two high-probability bearish structures: Cypher Harmonic continuation Bearish flag consolidation This confluence significantly increases the probability of a deeper corrective leg toward HTF demand. Patience favors sellers. Bias: Bearish Timeframe: Daily / Swing Pattern: Cypher + Bearish Flag Invalidation: Daily close > $95K Target Zone: $60K–$66K