Technical analysis by Dutch_Viking about Symbol BTC: Sell recommendation (3/19/2025)
https://sahmeto.com/message/3363340

Dutch_Viking
Rank: 3611
Analytical Power:
1.8
Falling wedge: Short 87k down to 73k area
Sell
Price at Publish Time:
$83,400.9

We are in a falling wedge formation the last couple of months. I think today will trigger a short squeeze towards 87k in order to fully fill the CME gap above, before new lows around 72-74k. Then one more bounce before the final lows in April. In Mid april I'm expecting to see a frontrun rally after bottomming around 68k towards 100k at least. From there we re-evaluate...
Source Message: TradingView