Technical analysis by Ttrade-With-Logic about Symbol BTC: Sell recommendation (6/1/2025)

This chart is a technical analysis of **Bitcoin (BTC/USD)** on the **4-hour timeframe** from Binance, illustrating **Wyckoff Market Cycle Phases** applied to recent price action.### 🧠 Chart Description:The chart identifies and labels key **Wyckoff phases**:* **Accumulation (April)**: Price consolidates in a range after a downtrend. This phase marks strong hands accumulating Bitcoin from weak hands.* **Reaccumulation (late April to early May)**: A bullish continuation pattern where the price pauses temporarily before resuming the uptrend.* **Distribution (mid-May)**: The price enters another consolidation phase, but this time smart money begins offloading holdings at elevated prices to retail traders.### 📉 Projected Move:* A breakdown below the current support is anticipated, leading to a **markdown phase**.* The red path suggests a significant decline, potentially toward the **\$85,000–\$90,000 range**, indicating bearish momentum.* After the markdown, **accumulation is expected to resume**, setting the stage for the next potential markup.### 📊 Supporting Visual:On the right side, there's a reference schematic titled **“Market Phases” by Readtheticker.com**, which summarizes:* Accumulation → Markup → Distribution → Markdown → Accumulation cycle.* It also highlights buying/selling pressure dynamics and behavioral patterns at each phase.---