Technical analysis by SadarExplore about Symbol BTC: Sell recommendation (5/16/2025)
https://sahmeto.com/message/3516113

SadarExplore
Rank: 332
Analytical Power:
3.2

Bitcoin Chart Analysis: Potential Correction IncomingIn my opinion, Bitcoin (BTC) is showing signs of entering a correction phase. The price is approaching its previous all-time high (ATH), and historically, such levels often act as strong resistance. With the market exhibiting signs of exhaustion and profit-taking behavior, a short-term pullback or consolidation could be expected before any further bullish continuation.---Would you like a more technical version with indicators (like RSI, MACD, or Fibonacci levels), or a visual chart to accompany
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Signal Type: Sell
Time Frame:
4 hoursPrice at Publish Time:
$104,115.44