Technical analysis by tradeasan about Symbol BTC: Sell recommendation (3/15/2025)

Bitcoin 4 -hour chart analysis: In the picture above you can see how bitcoin fell from $ 95,000 to $ 76606. I have analyzed Bitcoin many times in the previous days, and you probably have a familiarity with my analytical method and you know what I think about Bitcoin. You can read my previous analysis and my three -month forecast from Bitcoin. So I look at the recent event and predict the current trend of the current price: In the picture, I specified five support and resistance sections, with three sections, resistance and two support sections. Let me first say that bitcoin is not inside the main triangle, and the part I specified by No. 4 is the only ceiling of the previous triangle, which is now regarded as important resistance. And the support floor with the number 5 specified two -day nose: If the bitcoin can be at the top of the prices (84336.33.33 and 85309.71), the triangle ceiling (option 4) is definite and if the price was stabilized at the top of the ceiling (number 4), the price would be up to $ 95,000 a week. The range (numbers 2 and 3) penetrates, the only price that is currently prevented from declining prices is the number (1) or ($ 83783). Therefore, if bitcoin prices in the coming hours lower than range (1), the price drop to the price I specified by the number (5) is definitive and the breakdown of that mini or number 5 (5) will result in a price drop to $ 76,000 and then the 70500 I had previously increased. It only reduced the value of transactions and the shortage of the market.