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Technical analysis by SwallowAcademy about Symbol BTC: Sell recommendation (4/29/2025)

https://sahmeto.com/message/3463407
SwallowAcademy
SwallowAcademy
Rank: 30684
1.2

Bitcoin (BTC): Seems Like Breakout But It Is Not....

Sell
Price at Publish Time:
$95,012.45
Sell،Technical،SwallowAcademy

Bitcoin is showing some sort of breakout attempts where buyers are trying to take over the upper zones and form BOS, but this has not yet happened. We are still waiting for BOS to form (and a proper one...with a successful retest). If we do not see it, then we are going to look for the MSB to form, which would send the price back to lower zones. Sell-side movement will be harsh as we will see a rejection from the major resistance zone and huge FVGs are on the lower side of the chart. Swallow Academy

Source Message: TradingView
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