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

Bitcoin ( BTCUSDT ) has been experiencing a high momentum bullish trend in recent days, which few people expected, especially when it crossed $120,000 . However, in the past 24 hours , Bitcoin has fallen back below $120,000 . Bitcoin is currently trading in the Resistance zone($119,720-$118,240) and Cumulative Short Liquidation Leverage($118,757-$117,829) on the 1-hour time frame . In terms of Elliott Wave theory , Bitcoin appears to be completing a main wave 4 . Main wave 4 is likely to have a Zigzag Correction(ABC/5-3-5) . I expect Bitcoin to attack the Support lines and fill the CME Gap($115,060-$114,947) in the next hour. Cumulative Short Liquidation Leverage: $123,087-$120,922 Cumulative Long Liquidation Leverage: $116,305-$114,325 Do you think Bitcoin can create a new ATH again? Note: Stop Loss(SL)= $121,000 Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.The upper CME Gap($118,590-$118,715) was filled.Position was activatedBitcoin likely to re-attack Resistance zone($119,720-$118,240) update Short position closed with profit. Timeframe 15 minutesLong position=Target Done As I expected, Bitcoin hit the Resistance zone($119,720-$118,240) again.Bitcoin is trading inside the Resistance zone($119,720-$118,240) and approaching a Potential Reversal Zone (PRZ) within an Ascending Channel. A new CME Gap ($117,255–$116,675) has formed below. Timeframe 15 minutesI appreciate your patience In this analysis, we had two trends that hit the targets.