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Technical analysis by YetAnotherTA about Symbol BTC: Sell recommendation (3/15/2025)

https://sahmeto.com/message/3378754
YetAnotherTA
YetAnotherTA
Rank: 522
2.7

Rising wedge breakdown may take BTC below 84K and lower

Sell
Price at Publish Time:
$84,403.85
Sell،Technical،YetAnotherTA

BTCUSD has broken down from a bearish wedge in hourly. I expect it to do at least 38.2% retracement around 84k, though it could likely go lower around 50% as well which is around 82,600. Closing below 80k might open doors to resumption of downside trend.

Source Message: TradingView
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