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Technical analysis by bacurrie45 about Symbol BTC: Sell recommendation (2/5/2025)

https://sahmeto.com/message/3229391
bacurrie45
bacurrie45
Rank: 1489
2.5
Sell،Technical،bacurrie45

Hello traders as we can see BTC is struggling to climb higher and below the pivot point. A break below the trend line will see support at 92KAs we can see the upper trend line was broken came up for a retest got rejected next support is around 92K it can fall to around $91,400 as we can see there was a big reaction at that price previously. Failure by buyers to step back in at these prices could see BTC fall to 89K. Expecting a consolidation for a while after that to be honest SL : $105000 TP $94000,$92000,$91500,$90000Trade closed

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$97,820.09
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