Technical analysis by Wavervanir_International_LLC about Symbol BTC: Sell recommendation (8/17/2025)

🚨 Bitcoin Macro Outlook – Fibonacci Expansion Targets 🚨 BTC/USD is currently trading around $117K after a strong premium rally. Price has reached the 127% – 141% Fibonacci extension zone ($109K–$116K), which historically acts as a major supply region. 🔹 Key Observations: Premium Zone: Current highs show exhaustion signs with potential corrective pullback. Retracement Zone: Watch the $95K–$100K region (equilibrium + demand block) as the most probable correction target. Continuation: If this zone holds, upside expansion points to $146K (200% Fib) as the next macro objective. 📈 Strategy View: Short-term: Expect correction into the $95K–$100K range. Mid-term: Accumulation in discount zone offers asymmetric long setups. Long-term: Next expansion target at $146K+ if bullish structure remains intact. ⚖️ Risk management is critical here — chasing highs in the premium zone carries poor R/R, but planned entries in equilibrium zones offer favorable setups. #Bitcoin #BTC #CryptoTrading #TechnicalAnalysis #SmartMoneyConcepts