Technical analysis by DollarsMagnet about Symbol BTC: Sell recommendation (7/15/2025)

DollarsMagnet

📉 BTC/USD Analysis – 4H Chart Breakdown Bitcoin is currently showing signs of a potential reversal after forming a weak high near the $122,000 mark. Price has dropped back below the recent break of structure (BOS) and is hovering around the $117,000 zone. A rejection at this level could trigger a deeper retracement toward the key support zone around $116,194, and possibly further to the demand zone near $110,392. The chart also shows a clear change of character (CHoCH) and a strong BOS, indicating that the bullish momentum may be losing steam in the short term. If price breaks below $116K, it could confirm bearish intent toward the lower imbalance zones. 💡 Watching how price reacts at $116K is critical. A break below may open the path toward $110K and even $98K (strong low) if bearish pressure intensifies. 🚨 Not financial advice. Trade wisely with proper risk management. 💬 Like, comment & follow for more high-quality Smart Money-based analysis! 📊 #Bitcoin #BTCUSD #SmartMoneyConcepts #CryptoAnalysis #TradingView