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Technical analysis by Tropnik about Symbol BTC on 2/28/2025

https://sahmeto.com/message/3343487
Tropnik
Tropnik
Rank: 618
2.7

BTC. Beginning of a global downtrend or correction before ATH?

:Neutral
Price at Publish Time:
$79,718.32
،Technical،Tropnik

If #Bitcoin down trend continues, there is chart area from which a Fibonacci price rebound is highly likely to occur. On the other hand, BTC price may not reach there, experiencing a sideways movement for some time. Beginning of a global downtrend or correction before ATH?

Source Message: TradingView
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