Login / Join

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

https://sahmeto.com/message/3990449
Urbanmove
Urbanmove
Rank: 3139
1.8

BTC - $59,000 INCOMING!

Sell
Price at Publish Time:
$86,303.17
Sell،Technical،Urbanmove

BTC did so many bad things this week that I am still a bit confused by all the metrics I am reading. Extremely rare confluence of signals. 1) There should have been a much larger rally from the $79k lows. This was the 1st time down to the 37.5% retracement line. That rally died fast at 1st resistance and has rolled over. A new low seems immediately in the cards in the next week. 2) This now looks like its setting to be a clean 5 waves down, and the current wave, the 5th wave looks like it will extend. Making the next leg longer than the previous 3rd wave. This puts BTC at lower than $59K. 3) We fell so rapidly, and at such a steep decline that all supportive diagonals are all all thousands of dollars down. This is exactly the way that wave 5 extend.

Source Message: TradingView
Signals
Top Traders
Feed
Alerts