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Technical analysis by DollarsMagnet about Symbol BTC: Sell recommendation (4/3/2025)

https://sahmeto.com/message/3386543
DollarsMagnet
DollarsMagnet
Rank: 2098
2.4
Sell،Technical،DollarsMagnet

Bitcoin (BTC/USD) Forecast – Potential Breakdown Ahead?Key Observations:📉 Strong Support Retest: Bitcoin is currently testing a major support zone around $81,350 - $81,000.📉 Bearish Momentum: The price has been in a steady downtrend, struggling to hold above key moving averages.📉 Breakdown Potential: If Bitcoin fails to hold this support, we could see further downside towards $80,046, and possibly as low as $77,685.Possible Scenarios:🔴 Bearish Case: A clear break below $81,000 could accelerate selling, leading to a drop towards $80,000 or lower.🟢 Bullish Case: If BTC holds this support and forms a reversal pattern, we might see a bounce back towards $83,000+.⚠️ Watch for confirmation! A breakdown could trigger strong bearish momentum! 🚨What’s your outlook for BTC? Will it hold or break down further? Let me know in the comments! 👇🔥#Bitcoin #BTCUSD #Crypto #Trading #TechnicalAnalysis #PriceActionOur trade activated from 82K$ to selling zone, it's falling start..📉 BTCUSD Update – Clean BreakdownBitcoin (BTCUSD) initially broke through the key support at 82K, confirming bearish momentum. From there, price continued to fall, reaching our final target at 77K — securing an impressive 500+ points in profit! ✅🔥Beautiful technical play — textbook support break followed by clean downside continuation.If you caught this move with us, well done! 🚀📌 Like, comment your thoughts, and hit follow for more real-time trade ideas and market insights.#BTCUSD #Bitcoin #CryptoAnalysis #SupportBreak #BearishMove #TechnicalAnalysis #CryptoTrading #TradingView #BTCForecast

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$81,770.56
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