Technical analysis by SwallowAcademy about Symbol BTC: Sell recommendation (3/17/2025)

Bitcoin is showing smaller signs of recovery after that big red candle that we formed 2 weeks ago. Now the interesting part is that we still did not reach any proepr support zone so current recovery can be marked as a smaller correction before another downward movement so that's what we wait for—another "sell off" to happen!Swallow TeamAs of now, Bitcoin sellers have secured the zone of neckline where the price is below 200 EMA, and this is our next point of interest. We are keeping an eye on this zone to see who will take over the dominance in that zone. After a successful breakdown from that EMA, we are now experiencing a local re-test, which we intend to be a successful one, where the price will get rejected here and then move to our major support zone, where we expect some big volatility to take place!