Login / Join

Technical analysis by BTC-HONDA about Symbol BTC: Sell recommendation (4/4/2025)

https://sahmeto.com/message/3387208
BTC-HONDA
BTC-HONDA
Rank: 6353
1.6
Sell،Technical،BTC-HONDA

I honestly hate to say it but BTC looks like its about to breakdown to 66k. Looks like a symmetrical triangle on declining volume almost ready to move. The Trump Tariffs are the culprit of course and tomorrow 10 percent tariffs will hit across the board. On the 9th, heavier tariffs will hit. Price action will be determined by these regulations. I hope that a lot of countries renegotiate them and actually turn these things into bullish news but I'm very doubtful. I think its more likely that these hit and take us lower. Stay vigilantWe are also making a consolidation below resistance which doesn't look great. I would be super grateful to be wrong but this chart does not look good

Translated from: English
Show Original Message
Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$82,394.92
Share
Signals
Top Traders
Feed
Alerts