Technical analysis by DollarsMagnet about Symbol BTC: Sell recommendation (5/15/2025)

DollarsMagnet

📉 BTCUSD Breakdown | Bearish Momentum Building Below Broken ChannelBitcoin (BTCUSD) recently formed a strong high at 105,700, which marked the top of its latest bullish wave. Following this, the price broke down through the bullish trend channel with a strong bearish candle, confirming a potential shift in trend.Now, BTC is entering a consolidation phase around the 101,000 level, showing indecision after the breakdown. We’re closely watching for a sell-off from key order block zones:The first bearish order block is at 104,500, where we’ll watch for a rejection with a strong bearish candle.The second entry zone will be below 101,500, once the support is broken and price retests this level from below.Only after bearish confirmation will trades be activated.🔽 Technical Target / Support Levels:- 97,800- 95,500- 93,800The current setup is bearish unless BTC reclaims the channel. Patience is key — we’ll trade only with solid price action confirmation. Risk must be managed carefully in such volatile market phases.🙏 Thank you to everyone who supports my ideas and follows my analysis. Your engagement keeps this community growing stronger every day.Kind regards,DollarsMagnet#BTCUSD #Bitcoin #CryptoAnalysis #BearishSetup #TrendBreak #DollarsMagnet⚠️ This idea is for educational purposes only. Not financial advice. Always manage your risk.