REDATOR Ben Graham Posted December 5, 2025 REDATOR Report Share Posted December 5, 2025 Bitcoin is trading around $91,270. On a daily chart, we can see that the price is within a downtrend channel formed since the end of September.If Bitcoin falls below the psychological level of $90,000, we could expect it to reach the psychological level of $75,000 in the medium term, around the 0/8 Murray.If Bitcoin rebounds and consolidates above $90,000, we could expect it to continue rising and could reach the top of the downtrend channel around $96,500.A good area to open short positions could be if the price reaches the $96,000 level. Below this area, we could expect a strong technical correction. On the contrary, if Bitcoin falls towards the 1/8 Murray located at $81,250, a double bottom pattern could form, which we could be alert to to make a decision to enter long positions.A break or sharp drop towards the 0/8 Murray or towards the bottom of the downtrend channel between $75,000 and $71,000 could mean a strong technical correction. This strong movement will likely cause a technical rebound, which we should watch out for in order to plan long positions.The material has been provided by InstaForex Company - www.instaforex.com Visitante_db91f2c1 and Visitante_87105a1f 1 1 1 Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Liked! × 💬 Did you like this content? Your feedback is very important! Liked! Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Quote Link to comment Share on other sites More sharing options...
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