Technical analysis by benjihyam about Symbol BTC: Sell recommendation (4/26/2025)

As you can see from the chart, BTC is rejecting from the range highs which sets up the next (and final) leg lower before we continue the bull run. Despite the bounce over the last few weeks, all we've done is retested the area which we broke down from back in February. Now this sets up a large move lower down to the lower support levels at 59K -$62k. After we tag those levels, we'll continue our next move higher into 2026-2027.Possible that price bounces to $GETTEX:97K here first before falling.Alright, less likely now. Should just go straight down.Playing the short idea through IBIT $50P for 5/16There's the $GETTEX:97K level. Still think same outcome. Fake pump to pull in longs at the highs.