Technical analysis by ramon_markiewitz about Symbol BTC: Sell recommendation (2/16/2025)

We could be having a weekend distribution going into the start of the new week. We would either just take out the saturday high for a model 2 or we deviate above into the red box for a model 1. My target is the 5min demand zone from Wednesday.After taking out one of the friday lows, a potential accumulation pattern is now forming. I guess i will just wait, it's hard to see something if the market is going up and down like this.