Technical analysis by norok about Symbol BTC: Sell recommendation (6/19/2025)

Bitcoin's Volume Profile Support at 103,900 is holding. Hold here (again) and likely another test for new ATH. Breaking it means retrace down to the 94k-93k 50% Retracement + Volume Profile region. Then, time comes into play with the tried and tested Bitcoin Daily Ichimoku Cloud Strategy. If Chikou (used as momentum) does not clear the cloud at the same time as price the bull trend is neutral but still intact. If the move happens quickly the Support region is likely to hold and retest the highs once more in weeks to come... 2 situations reverse the trend to bearish: 1. Price moves quickly to sub-90k 2. Price moves more slowly to the 50%-VP region. Both situations get Chikou out at the same time as price. Timing and price come together to flip the trend to bearish. Trade Wisely