Technical analysis by JAKE_T0 about Symbol BTC: Sell recommendation (3/18/2025)

From the trend, BTCUSD rises slowly because of the boost of risk aversion, which leads to investors in the market preferring the first currency GOLD. This leads to the trend that the two products are opposite. So once the demand is threatened, the support rate of BTCUSD will decline. This is why BTCUSD fell sharply while GOLD rose.The current decline of 83,000 is very fast. 82,000-81,500 will also come with the rise of GOLD. So in trading, BTCUSD will continue to fall.The target is below 80,000.