Technical analysis by FM-ForexMastermind about Symbol BTC: Sell recommendation (7/15/2025)

🔔🔔🔔 BTC news: ➡️ Bitcoin surged to a new all-time high above $123,000 on Monday, despite extremely overbought conditions on the daily chart. ➡️ The rally in BTC is largely driven by growing interest from both institutional and retail investors, as evidenced by consistent inflows into ETF funds and a sharp rise in open interest (OI) in futures contracts, which has climbed to $85 billion. Personal opinion: ➡️ BTC is starting to show signs of decline amid profit-taking by investors after the coin was overbought.Today will be a corrective decline for BTC ➡️ Analysis based on important support resistance and Fibonacci levels combined with EMA to come up with a suitable strategy Personal plan: 🔆Price Zone Setup: 👉Sell BTC 118,300 - 118,500 ❌SL: 119,000 | ✅TP: 117,000 FM wishes you a successful trading day 💰💰💰personal plan : Hit + 260 pips from Sell 118,400 set up successfull Big profitComplete the initial plan