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Technical analysis by crypto_chebz about Symbol BTC on 3/20/2025

https://sahmeto.com/message/3368262
crypto_chebz
crypto_chebz
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A possible bearish scenario is playing out on BTC, but hey—just one of many possibilities before the real bloodbath begins. 👀 This could just be a classic trap to lure people in before shaking them out. The key resistance zone is between 97K and $101K, a big range to clear. If we flip it and close above $102K on the weekly, that would be amazing—but let’s be real, we’ll need a strong catalyst for that. If we do, then we’re likely talking about the $120K range.On the flip side, if we drop lower from here, the most obvious support sits at $72K. Below that… well, let’s just say we don’t wanna go there—next real support isn’t until $50K. For everyone’s sake, let’s hope we don’t see those levels. Big decision point ahead—let’s see who wins this battle! ⚔️🚀Looks like a moon mission indeed. Marked area will act as a support now

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$84,018.68
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