Technical analysis by fxtraderanthony about Symbol BTC: Sell recommendation (6/23/2025)

fxtraderanthony

💥 BTC/USD Outlook – Is Bitcoin Losing Steam? 🧠📉I'm keeping a close watch on Bitcoin (BTC/USD) this week, and the current price action is flashing some key signals.🔍 Over the past several sessions, BTC has struggled to hold momentum, and we’re now seeing a shift in tone. On the 4-hour timeframe, the market structure is tilting bearish, with a pattern of lower highs and lower lows developing — a classic sign of weakness ⚠️📉.📐 The most recent downside leg has caused a clear break in structure, and BTC is now retracing back into a potential supply zone, hovering around equilibrium of the recent move. This zone will be critical to watch for signs of seller re-entry.⏳ On the 30-minute chart, I’m waiting for a decisive shift in structure — a break of local support or a failed rally that confirms bearish continuation. Should that play out, it could signal a high-probability short setup.🪙 A breakdown in BTC often has broader implications — especially in the risk asset space. If we see weakness here, JPY pairs may strengthen as capital rotates into safer assets 💴🌐.⚠️ Disclaimer:This is not financial advice. The information provided is for educational purposes only. Please conduct your own analysis and consult a licensed professional before making any investment decisions. 📚💼