Technical analysis by Sive-Morten about Symbol BTC: Sell recommendation (6/2/2025)

Morning folks, Last time BTC was not able to provide the direction as it was standing in triangle and we prepared "neutral" update, waiting for triangle breakout. Now we see that this has happened to the downside and market just stands slightly above XOP target. So we consider 98-101K area as the nearest target.Second, once (and if) this action will be over - take look at H&S, and it could trigger stronger downside retracement. This it turn might be quite welcome for weekly reverse H&S pattern. That's being said, the first step that we're watching - is down to the potential neckline around 98-101K. Then we decided for to do next.