Technical analysis by vahidzamani67 about Symbol BTC: Sell recommendation (3/25/2025)
https://sahmeto.com/message/3373346

vahidzamani67
Rank: 14337
Btc
Sell
Price at Publish Time:
$86,522.45
Profit Target:
(+14.47%)$74,000

- 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.
Source Message: TradingView