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Technical analysis by vahidzamani67 about Symbol BTC: Sell recommendation (3/25/2025)

https://sahmeto.com/message/3373346
vahidzamani67
vahidzamani67
Rank: 1755
2.4
Sell،Technical،vahidzamani67

- The post analyzes Bitcoin's failure to break above a descending trendline on the daily chart, suggesting a potential further decline as Tether's dominance (USDT) finds support at an ascending trendline, indicating market caution. - Bitcoin's price is hovering around $92,000, with key support levels at $80,000 and $70,000, as noted in recent market analyses, aligning with the post's bearish outlook. - The author has moved to cash, awaiting a better entry point, reflecting a strategy of risk management amid market uncertainty highlighted by recent institutional Bitcoin acquisitions and ETF inflows.

Translated from: English
Show Original Message
Signal Type: Sell
Time Frame:
1 day
Profit Target:
$74,000
Price at Publish Time:
$86,522.45
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