Technical analysis by arzdigitalistha about Symbol BTC: Sell recommendation (7/30/2025)

arzdigitalistha

Quick Hey friends 👋 Bitcoin was recently moving inside a weak upward channel on the 30-minute chart. But now, it has broken below the channel with a strong bearish candle. This suggests we’re entering a short-term correction. 🔹 However, don’t forget — the overall trend is still bullish. This drop looks more like a healthy pullback, not the start of a full downtrend. 🎯 Possible Targets for This Correction: ✅ Target 1: Around $114,500 (This comes from measuring the width of the broken channel.) ✅ Target 2: Strong support near $113,500 (This level has shown solid buyer interest in the past.) 📊 The RSI is also approaching the oversold zone, which means we might see a small bounce or slowdown in the drop soon. 📌 In short: This is likely just a dip in a bigger uptrend. Be patient, watch key support zones, and don’t rush into trades. Always stick to proper risk management! 💼 Bitcoin Analysis – 30-Minute TimeframeBitcoin has reached the $113,500 support level — if buyers hold this zone, a rebound is possible. But if it breaks down, the next target could be around $110,000.