Technical analysis by iMoneyTeam about Symbol BTC on 5/4/2025
https://sahmeto.com/message/3478828

iMoneyTeam
Rank: 110
Analytical Power:
3.3

Bitcoin has lost its trendline and appears to have accumulated significant sell orders near the top.The zone between $96K and $100K could act as the main supply area, potentially pushing the price down to at least $88K.Targets are clearly marked on the chart.A daily candle closing above the invalidation level would invalidate this outlook.Do not enter the position without capital management and stop settingComment if you have any questionsthank you
Translated from: English
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Signal Type: Neutral
Time Frame:
4 hoursPrice at Publish Time:
$95,468.95