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Technical analysis by Trading-Capital about Symbol BTC: Sell recommendation (8/3/2025)

https://sahmeto.com/message/3681163
Trading-Capital
Trading-Capital
Rank: 483
3.0
Sell،Technical،Trading-Capital

Bitcoin has sold off sharply in recent session. Allowing alt coins to capture small percentages of bitcoins liquidity which resulted in epic bullish moves. Now that Bitcoin is retesting a major moving average (50 MA) we might see BTC recapture some of that crypto dominance. Other alt coins are well off of their 50 day moving average making them a riskier buy. When BTC dominance starts to take leadership we often see alt coins and the total market cap sell off. Bitcoin dominance is hitting a multi year trendline and looks poised to capture some of the alt liquidity. We still think BTC can sell off and go lower, but on a relative basis it should hold up better than other alt coins & Ethereum. There are some key nuances that are building and shaping up for a very similar topping formation that occurred in 2021.

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$114,110.94
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