Technical analysis by Discombobulate1 about Symbol BTC: Sell recommendation (7/17/2025)

A reversal seems likely, so we should anticipate a pullback. The trading volume is decreasing while exchange volume is increasing, which suggests a potential market top based on previous trends. Greed is also on the rise. Although history doesn’t repeat itself, it certainly shows similarities. The BTC/GBP chart is indicating a double top pattern on the daily timeframe. An altcoin season may be approaching based on the ETH/BTC pair, signaling that the end of Bitcoin’s dominance could be near.Pattern played out as expected, with minor correction. Indicates strong selling pressure as a result profit taking. BTC in the final stages of bull run, expect Alt seasons, which has already started based on BTC dominance.