Technical analysis by BenMcyInsights about Symbol BTC: Sell recommendation (5/29/2025)
https://sahmeto.com/message/3562888
BenMcyInsights
Rank: 943
Analytical Power:
2.8

🚫 Rejection at 112K ResistanceBTC failed to break above the 112K zone and reversed sharply.😮💨 Cooling-Off NeededAfter weeks of relentless gains, a healthy pullback is due to “catch its breath.”Key retracement area: 100K-101K (weekly FVG zone)📅 Macro Catalysts– Friday : US Core PCE (major inflation read)– This week : Fed speakers on tap– Markets are paused, awaiting a clear driver🎯 What to Watch100K-101K support for buy-side demandBreak or hold above 112K to gauge next legReaction to Core PCE for directional bias💡 SummaryRejection → Retrace into FVG → Major inflation print → Potential launch toward new highs ! 🚀
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Signal Type: Sell
Time Frame:
4 hoursPrice at Publish Time:
$107,537.61