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

Bitcoin is currently showing signs of a potential bearish breakdown as the price forms a symmetrical triangle pattern A breakdown of the trendline in the support zone could trigger a strong selling trend with a high probability of further downside movement.🔹 Key Market Levels to Watch:Resistance Levels: 86.5K & 91.1K –If BTCUSD attempts a recovery these levels will act as strong barriersSelling Entry treade plan 83.300 to 84.000Bearish Target Levels1Target 78.200 –First key support level where buyers might step in2Target 72.500 –A deeper move into the bearish zone3Target 67.000 –A critical level, if broken could lead to further selling pressure📊 Trading Strategy & Risk Management Plans✅ Sell on Breakdown Confirmation – If BTCUSD closes below the support zone, it signals a strong selling opportunity.✅ Profit-Taking Strategy – Consider securing profits at each target level to minimize risks✅ Risk Management – Set a stop-loss above the resistance zone to protect against unexpected reversals