Technical analysis by omnitrade about Symbol BTC: Sell recommendation (3/7/2025)

Bitcoin long term trends. Bitcoin may sell in the near term. If it bounces off support trendline it has upside resistance shown by the upper trendline. Although bitcoin may have a long term a very high positive outlook it is going to depend on how soon it breaks out of the upside resistance line. And given current e environment, it seems another consolidation might be very likely. Bounce - Bounce - Sell-that-bounce!