Technical analysis by ebuhamza98 about Symbol BTC: Sell recommendation (6/26/2025)

Technical Analysis (4‑Hour Timeframe) 🔺 Upper Trendline Resistance: BTC is touching the upper line of a descending channel—firm resistance around 107.5k–108k. 📉 Bearish Pressure: Failing to break out here could trigger a downward move. 🔻 Key Support: A decisive break below 99.5k–100k opens the path to 98k–95k, and potentially down to 92k if trend weakness persists 🔺 Bullish Scenario: If BTC closes above 108k on 4h, it could rally toward 110k–112k binance.com investopedia.com binance.com . Geopolitical volatility (U.S.–Iran/Israel tensions) drove BTC briefly below 99k, low of 98.2k, before bouncing back near 101.2k Volume & momentum: RSI dropped with the dip; watching volume near critical levels like 107k–108k is key