Technical analysis by YetAnotherTA about Symbol BTC: Sell recommendation (3/15/2025)
https://sahmeto.com/message/3378754

YetAnotherTA
Rank: 522
Analytical Power:
2.7
Rising wedge breakdown may take BTC below 84K and lower
Sell
Price at Publish Time:
$84,403.85

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