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Technical analysis by StarrOne about Symbol BTC: Sell recommendation (6/6/2025)

https://sahmeto.com/message/3582251

BTCUSD is entering a bear trend

Sell
Price at Publish Time:
$103,278.66
Sell،Technical،StarrOne

Bitcoin recently broke the support zone between the key support level of 102,150 (which has reversed price several times since early May) and the 50% Fibonacci retracement level of the bullish impulse from last month.The break of this support zone has accelerated the short-term positive ABC 2 correction, which started earlier from the major multi-month resistance level of 110,000Bitcoin is likely to fall to the next support level of 98,000.00 (previously strong resistance level in February).

Source Message: TradingView
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