Technical analysis by BallaJi about Symbol BTC: Sell recommendation (1/1/2026)

We have already hit the 0.382 linear retrace level and the Bitcoin price is still bearishly consolidating. So further downside is to be expected. The question is how deep and do we have any confluent levels comparing the two fibonnaci's. The answer is YES around the 50 thousand mark.. Which is an obvious key level to probe and ask questions of IMO