Technical analysis by Peter_Wade about Symbol BTC: Sell recommendation (6/18/2025)

Peter_Wade

🚨 BITCOIN MARKET UPDATE 🚨Bitcoin has recently broken below the previous BPR (Balanced Price Range), signaling a significant shift in market structure. Along with this breakdown, a Bearish Fair Value Gap (FVG) has also formed — a strong indication that the market may be preparing for a further move to the downside.📉 What This Means:The break below BPR, combined with the emergence of a bearish FVG, suggests that bearish momentum is currently in play. This is often a sign that the market intends to seek out lower liquidity zones, potentially targeting new lower lows.🔎 Current Setup:At the moment, Bitcoin is hovering around the newly created FVG. If price retraces into this zone and gives us a clear bearish confirmation (such as a rejection candle, bearish engulfing, or other MSS confirmation), it could provide a high-probability sell opportunity.🎯 Target:The primary target would be liquidity below the most recent lower lows.⚠️ Risk Management Reminder:Always wait for proper confirmation before entering a trade. These setups are best traded using MSS (Market Structure Shift) or BPR strategies for higher probability outcomes.📚 DYOR — Do Your Own Research!Trading involves risk. Ensure you have a strategy in place and never trade blindly.