Technical analysis by Austinet24 about Symbol BTC: Sell recommendation (8/11/2025)

After a strong bullish move that took the price of bitcoin to 122478 Price close to ATH of 123300 we can see the price of the Digital Currency drifting to 119456 minor support zone during the London and New York Trading Session, with he lower Time Frame Showing a bearish build up around 120,345 price level after the break of the bullish trendline, A close of Candle below 119500 will drive the price further to 117500 - 116400