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Technical analysis by Omiddm63 about Symbol BTC: Sell recommendation (3/12/2025)

https://sahmeto.com/message/3328411
Sell،Technical،Omiddm63

Looking at Bitcoin's past, we conclude that the correction will continue to the 69,500 range, and if this range is lost, the correction will reach the 65,300 and 60,300 ranges, and if it continues, it will reach the 52,000 range. If the trend reverses and the upward trend begins from the 69,500 range, it will grow to the 128,000 level.Today, as I had predicted earlier, the price was rejected after hitting the resistance line at $84,000 (blue line) and started moving towards lower levels. It is expected that the price will make a correction to $81,000 after hitting the gray support box and resume its downward trend.Bingo is heading towards the 69500 ​​area. As previously predicted. If this area does not hold and the trend does not reverse, we will see 65000.

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$81,583.53
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