Technical analysis by peterbokma about Symbol BTC: Sell recommendation (8/18/2025)

I understand the hype we are witnessing and still the same issue as history, but setting that aside, technically we have a good chance to see a larger decline back towards $ 90k and even $ 50k seems possible providing we break $ 90k area confidently. The overbought status, and high in the top part of the reg. channel, and above KC does not bode well. Strategy SELL @ $ 115-125 range and take profit near $ 90k or lower.