Technical analysis by mrsignalll about Symbol BTC: Sell recommendation (1/28/2025)

mrsignalll

#BTCUSDT | 4 HOUR TIMEFRAME UPDATEAfter the opening of the new weekly candle, #Bitcoin experienced a sharp drop, breaking below the previous weekly low.Currently, #BTC is trading at $102,700, having surged above the previous daily high and entered the 4-hour FVG.We’re monitoring for confirmation within the $102,700 - $104,100 range to consider opening a short position. ✅Potential targets for this bearish move are: 📉$101,300$99,600$97,500Invalidation level: Above $105,600.This analysis carries significant risk and represents my personal viewpoint. If you choose to trade based on this, please ensure proper risk management.#BTCUSDT | 4 HOUR TIMEFRAME UPDATE The price of #Bitcoin has reached the grey zone I highlighted in my previous analysis, hitting the first target and delivering a solid 3.12% gain—without any leverage!