Technical analysis by BlessingTrade about Symbol BTC: Sell recommendation (12/20/2025)

History Repeats: 2020–2022 vs 2024–2026 In 2020 , before the strong bull run of 2020–2021, Bitcoin formed a clear bull flag consolidation on the higher timeframe. After the bull market top in 2021 , price entered a distribution phase , forming a bearish structure, which eventually led to the bear market of 2022. The current market structure looks very similar. During 2024–2025, Bitcoin is again consolidating after a strong impulse, forming a rising structure that resembles previous pre-bear-market consolidations. If this fractal continues to play out, I expect: Continuation of consolidation in 2025 Transition into a bear market in 2026 My near-term downside target is the 60–65k USD range, which aligns with previous support and structural levels.