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Technical analysis by iMoneyTeam about Symbol BTC on 5/4/2025

https://sahmeto.com/message/3478828
iMoneyTeam
iMoneyTeam
Rank: 110
3.3
،Technical،iMoneyTeam

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 hours
Price at Publish Time:
$95,468.95
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