Technical analysis by PeakTrades94 about Symbol BTC: Sell recommendation (7/25/2025)

BTC Correction 📉 After observing the recent price action, it now seems clear that the inevitable correction is taking the stage. I revisited the chart and drew potential bullish trendlines for a bull pennant on the 12h timeframe, but even those appear to be breaking down, confirming that we're currently experiencing a clear shakeout/correction. I'm now expecting at least a full fill of the CME gap, and potentially even a drop toward $112,000. Keep in mind that the CME price often lags behind spot prices on other exchanges, so in order to properly fill the gap down to $114,000 , a dip toward the $112,000 zone remains a very realistic scenario. Take note that a lot of new retail investors are coming in recently by all the sounds of a ‘’possible altseason’’ around the corner, especially during the summer holidays when they have more time on their hands to look deeper into this. all this in combination with a lot of long positions around and beneath the price range of 114k and 116k I expect a shake out and liquidity grab. The only bullish short-term possibility that remains would be if this turns out to be a massive fakeout from the pennant structure, but I find that unlikely. Personally, I’m watching for signs of a bottom sometime next week before looking for new upward momentum. The BTC.D began a dive towards 60%, still: BTC remains dominant, which strongly impacts altcoins. That’s why I’m currently staying cautious and holding off on entering new trades till we see clear support. Let’s reach the summit together! 📝 Note I'm currently building a portfolio of crypto analyses here on TradingView. Your feedback, tips, or validation are greatly appreciated, especially as I continue developing this skill further!