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

https://sahmeto.com/message/3286934
FxJennefir
FxJennefir
Rank: 1945
2.4
Sell،Technical،FxJennefir

Bitcoin bearish outlook a describing aligns with concerns about the broader cryptocurrency market, including Bitcoin dominance, exchange hacks, scam coins, and regulatory uncertainties like those highlighted in Trump’s campaign. so Bitcoin possible decline toward the 84K to 75K range after a correction phase. buy I think Price will may test resistance in the 94K to 96K range, followed by further downturns. While it's difficult to predict exact price movements, these factors including a potential market correction and the broader negative sentiment surrounding crypto — could indeed affect Bitcoin and altcoins. Always keep in mind that market trends can be influenced by a variety of unpredictable events, including global economic factors, regulatory changes, and investor sentiment shifts.if you like this idea please support my work and fallow thanks for Love.Trade from 94K to 89K Sell Position Gave us 500 Pips Achieved.1st Target Done Trade from 94K to 83K 1100 Pips Done.

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$97,031.93
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