Technical analysis by SaliJournal about Symbol BTC: Sell recommendation (8/1/2025)
https://sahmeto.com/message/3675361

SaliJournal
Rank: 3584
Analytical Power:
1.9

I was waiting for a break on this level from some days, and here we go! We catched a nice long setup previous days, and now Bitcoin broke down the key level i highlited last week. This is an important support area that will now act as resistance, so i expect a continuation to the downside till the second support area at $112.000. To invalidate this setup we should expect a clean break above $116.800. Let me know in the comment what do you expect!
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Signal Type: Sell
Time Frame:
4 hoursPrice at Publish Time:
$115,092.98