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Technical analysis by peterbokma about Symbol BTC: Sell recommendation (7/5/2025)

https://sahmeto.com/message/3615746
peterbokma
peterbokma
Rank: 333
3.1
Sell،Technical،peterbokma

It looks a clear negative divergence case, and we are quite overbought. This requires again to alleviate the pressure and I feel $ 74k re-test is possible medium-term. Short-term anything goes they say, and it feels it will try higher short term. just be careful for the longer-term situation. Strategy SELL @ $ 108k-115k and take profit first @ $ 77k area.

Translated from: English
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Signal Type: Sell
Time Frame:
1 month
Price at Publish Time:
$107,993.31
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