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Technical analysis by bcd1 about Symbol BTC: Sell recommendation (8/19/2025)

https://sahmeto.com/message/3724314
bcd1
bcd1
Rank: 1583
2.4
Sell،Technical،bcd1

As I mentioned in my previous analysis, the 110,000 USD level is a good level for purchasing. In the graphs, they are voluminous red candles that I mean by “fake candles .. These candles are usually the pioneer of short -term trend changes. I mean the transition from the decline to rise or rise to decline; The possibility of entering the market on the horizontal train should also be considered. My expectation is that it enters the accumulation phase after finding the market bottom level. The purchases to be made at this stage will be healthier. Breaking the rising trend increases the risk. When the price reaches 110,000 USD levels, the downward fake movements will be a natural requirement of the accumulation phase; However, the breaking of this level brings the market to a completely different dimension. It's too early to talk about it. The market is almost left to move from the rising trend to the accumulation phase. I think that the purchases to be made at this stage will be profitable in the short and medium term.

Translated from: Turkish
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Signal Type: Sell
Price at Publish Time:
$115,603.19
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