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Technical analysis by Hollywood260AB about Symbol BTC: Sell recommendation (2/18/2025)

https://sahmeto.com/message/3274370
Hollywood260AB
Hollywood260AB
Rank: 26758
0.5
Sell،Technical،Hollywood260AB

Ladies and gentlemen, for some reason, my microphone input volume keeps getting turned down and I recorded this entire video with very low input and I think it might be very hard to hear me so please turn up the volume and I will test it myself and if it's absolutely terrible I guess I'll take it down and record it again, but I have to put it up because it's a live analysis and I think that there are things in here that I won't be able to re-create and that you need to see so please try.In this video, I share my personal speculation on Bitcoin’s ongoing sell-off and why I believe it’s far from finished. Many traders are convinced that Bitcoin has already bottomed and is reversing, but in my view, they don’t yet fathom the power of the shoe. Bitcoin has been working its way through the Bollinger Bands on the weekly chart, and now that it’s breaking through the basis line, I expect it to continue downward to interact with the lower bands. This isn’t about emotion or fundamentals—it’s about chart physics, structure, and momentum. Bitcoin simply looks too top-heavy, and as I see it, the price is searching for solid ground. Whether it slows down at $75,000, $70,000, or even $69,000, I think we’re heading lower than most people want to believe. The shoe will seek the floor—trust the shoe. BTCUSD BTC1!

Translated from: English
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Signal Type: Sell
Time Frame:
1 week
Price at Publish Time:
$94,150.81
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