Technical analysis by MRG0LD2 about Symbol BTC: Sell recommendation (6/12/2025)
https://sahmeto.com/message/3598742

MRG0LD2
Rank: 1074
Analytical Power:
2.6

BTCUSD momentum currently is bearish as it is continuously dropping slowly and it can drop further up to the 100k. now Bitcoin's value is 107500 but before that market tried to break 110k position three time which formed triple top at the same level but the resistance at this level is intense due to which market rejected a bullish breakout of 110k.Current supporting areas are 106500, 103000 and 100500Selling Areas: 107500 and 108000Take Profits are: 105000, 103000, 100000TP1 105000 hit TP2 103000 hit 520 pips achieved from 108000 to 102800
Translated from: English
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Signal Type: Sell
Time Frame:
1 hourPrice at Publish Time:
$107,285.98