Technical analysis by CryptoFallen about Symbol BTC on 3/11/2025
https://sahmeto.com/message/3345768

CryptoFallen
Rank: 4444
Analytical Power:
1.8

BTC is currently within its long-term ascending channel but has shown strong rejection at the upper boundary (~$100K).A pullback toward the mid-channel support (~$70K-$75K) seems likely, aligning with historical retracement patterns.Indicators Show Weakness:RSI Divergence suggests a slowdown in momentum.MACD hints at a potential bearish crossover.📉 Key Levels to Watch:Resistance: $95K - $100K (Upper trendline)Support: $75K (Mid-channel), $60K (Lower trendline)📈 Scenario 1: BTC consolidates and regains strength for a new ATH attempt.📉 Scenario 2: A deeper correction to the lower trendline before continuation.Needs to really break $95k first.
Translated from: English
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Signal Type: Neutral
Time Frame:
1 dayPrice at Publish Time:
$82,774.28