Technical analysis by SeegyGregs about Symbol BTC: Sell recommendation (3/4/2025)

SeegyGregs

Recent developments have significantly influenced Bitcoin's market sentiment. Following President Donald Trump's announcement of establishing a U.S. Crypto Strategic Reserve, Bitcoin experienced a surge, reaching highs of approximately 94,834. However, these gains were not sustained, with prices retracting to around 86,000, reflecting a degree of market skepticism regarding the reserve's impact.Current trading data shows Bitcoin priced at 83,748 (open) from the previous close. The day's trading range has seen a high of 93,666 and a low of 82,521.Looking ahead, forecasts suggest a cautiously optimistic bearish outlook for Bitcoin.There is enthusiasm for 96K, but challenges remain regarding market volatility to drive prices toward new highs.In conclusion, while recent announcements have provided short-term boosts to Bitcoin's value, the market remains influenced by the 86K resistance bearish pressure zone.t.me/+0kODBl3iATRmNzFk As you can see, it was a 1K account and we made 150K in the space of three weeks! It basically guarantees a 90 percent win rate on trade. If you want to attend for free, you can contact me. We could try working together for a week. I guarantee that within a week you will experience the fun of making money. If you are satisfied with my work and want to continue the cooperation, then we can discuss the issue of paying commission. If you are not satisfied with my work, you don't have to pay me any commission! Click the link below to join us: t.me/+0kODBl3iATRmNzFk