Login / Join

Technical analysis by SuperluxAlg0 about Symbol BTC: Sell recommendation (5/30/2025)

https://sahmeto.com/message/3563718
SuperluxAlg0
SuperluxAlg0
Rank: 148
3.3
Sell،Technical،SuperluxAlg0

I just noticed that this was the 8th Green Bitcoin week 🤣, 🤣, we had no 9. For 1 year. Bitcoin (BTC), although the last eight weeks have risen with green candles, technical indicators and market dynamics indicate that the end of this rally can be approached. In particular, the BTC, which encounters a strong resistance between the $ 97,000–95,000 USD, has difficulty overcoming these levels, which can be a harbinger of a potential retreat. What do the technical indicators say? What does the technical indicators say? Macroeconomic Effects: Bitcoin's correlation with traditional market indices such as S&P 500 and Nasdaq 100 shows that the decreases in these indices can also put pressure on BTC. Conclusion: Bitcoin's last eight -week rise, although promising for investors, indicates that technical analysis and market indicators should be careful. In particular, the above -mentioned resistance and support levels should be closely monitored and investment decisions should be made in this direction. Current Bitcoin Price: Bitcoin (< Please do your own research and take into account the risks.

Translated from: Turkish
Show Original Message
Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$105,222.71
Share
Signals
Top Traders
Feed
Alerts