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Technical analysis by SaliJournal about Symbol BTC: Sell recommendation (7/21/2025)

https://sahmeto.com/message/3650628
SaliJournal
SaliJournal
Rank: 3584
1.9
Sell،Technical،SaliJournal

BTC is ranging on top, this means next leg is preparing. Most traders are positioned long, that's why i think price will sink after a break below my key area. I will wait a break and a retrace before entering short, targeting the $109.000 areaBitcoin finally broke below the key level. I'm waiting a retest of the level with a rejection to enter short. If short will be confirmed, SP500 will also drop

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$118,218.08
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