Technical analysis by tradecitypro about Symbol BTC: Sell recommendation (6/13/2025)

tradecitypro

👋 Welcome to TradeCity Pro!Let’s dive into the analysis of Bitcoin and the key crypto indices. As usual, I’m going to review the futures triggers for the New York session.✅ Yesterday, a very important event occurred: Israel launched a military attack on Iran, targeting not only military facilities but also residential areas.⚔️ Leaving aside the fact that war is always a global tragedy, the fact that Israel also hit civilian zones shows that the tensions between these two countries have entered a new phase.💫 In addition to civilian casualties, key commanders of the Iranian military were assassinated in these strikes.🏳️ Most countries such as the United States, France, and most of Europe supported Israel in this conflict, while only North Korea and Russia backed Iran.📊 Given these rising tensions and the cancellation of Sunday’s negotiations between Iran and the U.S., the likelihood of war between Iran and Israel has greatly increased following the resolution signed yesterday.⭐ This development has caused safe-haven assets like gold to move upward, while risk-on assets like crypto have started to decline. As you can see, Bitcoin has been falling since yesterday.⏳ 1-Hour TimeframeOn the 1-hour chart, as mentioned, after an initial correction to the 108436 zone, Bitcoin continued its decline down to 103606, breaking through the support level we had marked due to the war-related news.✨ Currently, the price has found support at 103606 and has started a corrective phase. RSI has also exited the Oversold area and is now heading toward the 50 zone.📉 In my opinion, under the current market conditions, we should wait to see how Iran reacts to Israel's actions. If war breaks out, Bitcoin is likely to drop again.⚡️ Personally, I’m holding off on opening any positions until we get more clarity on the fundamental developments between Iran and Israel. I'm also not closing any of my longer-term positions that were opened in lower zones like 88k.🔔 However, if you are looking to open a position, you could enter on a break below 103606. I don’t currently have a trigger for a long position and would prefer to wait for a proper structure to develop.👑 BTC.D AnalysisBitcoin dominance moved upward along with the market decline and, after breaking through 64.18, continued its bullish leg up to 64.85.🧩 It has since begun a corrective phase after hitting that resistance. If this correction continues, the next zone to watch is 64.49.📅 Total2 AnalysisThis index also dropped alongside Bitcoin yesterday, falling from 1.18 down to 1.12 after triggering a short.🔍 The price has since corrected up to 1.14. If a new bearish leg begins, we can open a short position on a break below 1.12.📅 USDT.D AnalysisTether dominance moved upward after triggering 4.68 and reached 4.89.💥 If 4.79 is broken, the correction could continue. If 4.89 is broken, the next bullish leg in dominance will begin.❌ Disclaimer ❌Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.