Technical analysis by Chart_Champ1 about Symbol BTC: Sell recommendation (1/15/2025)
https://sahmeto.com/message/3169935

Chart_Champ1
Rank: 26116
Analytical Power:
1.3
BTC Will Fall Soon.
Sell
Price at Publish Time:
$99,648.24
Profit Target:
(+11.38%)$88,313

Bitcoin is currently trading within a flat channel on the daily chart, exhibiting a slight downward trend. A clear resistance area is visible at 102,000, which is expected to trigger a reversal, potentially leading to a significant downturn.Trade Setup:- Entry Zone: 102,000 - 102,500- Stop Loss: 103,300- Take Profit Levels: TP1: 100,000 TP2: 98,000 TP3: 96,000
Source Message: TradingView