Technical analysis by Anna_Wade about Symbol BTC: Sell recommendation (6/8/2025)

BTC/USD – 4-Hour Time Frame AnalysisBitcoin (BTC) is currently trading within a well-defined downward parallel channel on the 4-hour chart. The price action continues to respect both the resistance and support zones of this channel.At present, BTC is approaching the upper boundary of the channel, which serves as a key resistance level. If the resistance holds, a rejection is expected from this zone, potentially leading to a significant downward move.Traders should monitor this area closely for confirmation signals before entering short positions.