Technical analysis by Kate_Trade_Only about Symbol BTC: Sell recommendation (1/20/2025)

BTCUSDT #BTC 5HHey lovelies! 🌸 While most traders remain silent in fear of making mistakes, I’ll be the only trader to speak up honestly and clearly. I’m ready to take all the heat and guide you through what to expect next. 💖 Bitcoin Analysis Currently, Bitcoin’s price is approaching the upper boundary of its range, which acts as resistance (I’ve marked it with a blue box on the chart). The price is rising quickly, and I don’t think this rally will last long. If a pullback happens, I expect it to land around 97K - 94K. I’ve already placed three pending buy orders in this range, and you can see them clearly marked on the chart. If you’ve already accumulated Bitcoin positions, I recommend: - Fixing 50% of your position to lock in some profit. - Setting a stop-loss that aligns with your risk tolerance. - Reevaluating accumulation at the levels I’ve mentioned. Alternate Scenario If there’s no pullback to 96K - 94K and Bitcoin consolidates above 104K, I expect further growth to 109K - 113K. In this case, you can look for entry points around the resistance level, waiting for its breakout and consolidation above it to confirm the uptrend. Market SentimentThere’s been a lot of buzz in the media about the potential creation of national Bitcoin reserves, which is undoubtedly positive news for the crypto market. As I’ve mentioned before, it’s no coincidence that these announcements come just before Trump’s inauguration. Nor is it a coincidence that he launched his token, which sucked liquidity out of altcoins, causing their prices to drop. However, as soon as people start selling Trump’s token, the liquidity will flow back into altcoins, sparking a strong rally for them – a major pump is on the horizon. 🚀 My Expectations for Bitcoin:- A pullback to 97K - 94K, where I’ll be adding more to my positions. - If support at these levels doesn’t hold, we could see a drop to 84K - 87K, which would be an ideal zone to quickly accumulate spot assets. - If Bitcoin consolidates above 104K, I anticipate growth to 109K - 113K. As always, DYOR (Do Your Own Research) and trade wisely! 💖Hugs,Your crypto girl