Technical analysis by mooniron about Symbol BTC: Sell recommendation (2/11/2025)

If BTC stays below 95.5, I think it will pull back towards the 92 region. It is also necessary to consider the possibility of a reaction from the bottoms at 94.7 and an increase, but I think the selling pressure will increase in such a case.The move I was waiting for came but it has recovered and I think this move is bullish. If it goes above 97k I will buy some and close some of the puts but I will leave some for tomorrow's data. My main target is the big drawing which is up but when I draw the intermediate potential movements it looks quite complicated but I am leaving it to see how it will work.The price has come down again. If the price is below 94.7, my expectation of a decline will be stronger.