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Technical analysis by CryptoNikkoid about Symbol BTC: Sell recommendation (6/14/2025)

https://sahmeto.com/message/3599888
CryptoNikkoid
CryptoNikkoid
Rank: 29370
1.1
Sell،Technical،CryptoNikkoid

The hype is peaking — institutions, banks, Wall Street, and even governments are buying Bitcoin.Yet despite the frenzy, BTC has been rejected three times around the $110K level and appears to be heading into another correction.Bitcoin maximalists are pushing a strong FOMO narrative to attract retail investors, but several factors are pushing back:- Psychological barrier: At these price levels, retail investors are hesitant. Owning just a "fraction" of a Bitcoin doesn’t appeal to the average person.- Geopolitical tension: The conflict with Iran is serious. This isn’t a small, isolated country — Iran is a millennia-old civilization with global alliances. This situation won't resolve quickly or easily like Libya, Syria, or Iraq.- Oil price surge: Escalating tensions could disrupt the Strait of Hormuz, a critical route for global oil. Western sanctions on Russia already strain supply — if Iran joins, where will Europe get its energy? U.S. supply won’t be enough. Expect a spike in inflation.- Recession risks: Persistent inflation could drive a recession in the second half of the year.- Trade wars & tariffs: No resolution, just chaos.- Ukraine-Russia war: Still unresolved. Still draining global stability.In short, the world is burning — and this is terrible for markets.Bitcoin maximalists — some even selling company shares to buy more BTC — may soon face the harsh reality: Bitcoin needs a deeper flush before it can rally again. Retail won’t return until altseason clears the way and resets sentiment.In a cycle dominated by propaganda, institutional manipulation, and global unrest, predictions are fragile. The only guide left: the chart.Technically, we’re in correction mode again. Comparing with past cycles, potential pullback targets are:$101K, $97.5K, $94K, $87KThere’s massive support at $74K, but it's unlikely we revisit it soon.Stay cautious. DYOR.#Bitcoin #CryptoMarket #BTCUpdate #Geopolitics #Altseason #CryptoCorrection #MacroView #CryptoFOMO #RiskAssets #DYORHum hum... short squeeze in motion. Apparently the market doesn't care about the war and is pumping right now. If BTC reach 108k then this idea will be invalidated.

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$104,843.16
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