Technical analysis by MRG0LD2 about Symbol BTC: Sell recommendation (7/11/2025)

btcusd market has hit a new all time high and can drop any time as market has to correct itself by testing the lower areas. within a very short time btcusd value has increased a lot that indicates the involvement of smart money and as we know smart money loses its impact after some time. Now market should drop to stabilize itself and correct itself. Technical Point Of View:Support Areas: 107500, 110000Resistance: 117500Entry: 117000, 118000Targets: 115000, 112500, 110000, 107000i will stick to sell as i think market must drop from this area.