Technical analysis by stingotho about Symbol BTC: Sell recommendation (2/22/2025)
https://sahmeto.com/message/3264377

stingotho
Rank: 1946
Analytical Power:
2.4

BTC is just like NASDAQ reacting bearish but there is an important catalyst to it which is the hack incident that happened last week. This is bearish to investors because it is a threat for them to keep their money in crypto since they are susceptible for breach. I think if BTC falls below the support at 88,000$ then we could finally see the appropriate price correction. BTC bull run season is probably at the end of it and we will have to wait for the next halving event and another catalyst in the Crypto space.
Translated from: English
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Signal Type: Sell
Time Frame:
15 minutesProfit Target:
$94,790Price at Publish Time:
$96,571.05