Technical analysis by jonnieking about Symbol BTC: Sell recommendation (8/2/2025)

Technical Analysis really is a beautiful thing. As mentioned, price heading down to ~$111k. Had a small bounce off the 50DMA at $112k. Hopefully PA doesn’t range for too long in the previous ATH POI. That will really take steam out of the bull’s engine. I’m expecting one last flush to push the RSI a bit lower before we can continue the trend back up. As always in a bull market, BTFD!