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

Bitcoin is trading inside a long-term ascending channel, but recently got rejected from the upper boundary and is now approaching the lower channel support. Price is currently below the 50-day SMA, indicating short-term momentum weakness, while the broader structure remains intact. The 85,000–88,000 zone is a critical support area. Bullish Scenario (Bounce / Recovery) If price holds the channel support and rebounds: Targets •Target 1: 95,000 •Target 2: 110,000 •Target 3: 120,000+ Stop Loss •Daily close below 84,000 Rationale: Holding channel support + reclaiming the 50 SMA could trigger a continuation of the bullish trend. Bearish Scenario (Breakdown) If Bitcoin breaks below the ascending channel support: Targets •Target 1: 78,000 •Target 2: 70,000 •Target 3: 60,000 Stop Loss •Reclaim above 90,000 Rationale: A confirmed breakdown would signal a deeper corrective phase within the broader cycle. Technical Summary •Above 90K → Bullish continuation •Below 84K → Deeper correction likely •Current area = Major decision zone Brief Fundamental Outlook – Bitcoin •Bullish drivers: •Institutional inflows via ETFs •Supply shock after halving •Growing global adoption •Risks: •Tight monetary policy •Risk-off sentiment in global markets Fundamental Takeaway: Bitcoin remains a long-term bullish asset, but deep pullbacks are structurally normal within its cycle.