Technical analysis by i_am_siew about Symbol BTC on 7/5/2025

Price is stalling at the D @ 108,800 for some time now. I think it is not because of a lack of demand. Just that there is no one selling. Owners prefer to keep the limited supply. Buyers are unwilling to chase after the few available at a higher price. We have a stalemate. In 2022, to break this stalemate, price needs to drop, with sellers taking a profit and making supplies available. Then we will have buyers scrambling again to BUY. Watch the OBV. So, I should wait to BUY, but at the right price. Good luck.