Technical analysis by abo0o about Symbol BTC: Sell recommendation (8/21/2025)
https://sahmeto.com/message/3728961

abo0o
Rank: 2790
Analytical Power:
2.0

Bitcoin printed a false breakout above 123,218 USDT, followed by strong rejection. The ascending trendline from April is now lost, confirming a shift in momentum. With structure weakening and sellers in control, I expect price to gravitate toward the 104K–108K demand zone in the coming sessions. Only a decisive reclaim above 123,218 USDT would challenge this view. Conclusion📝: Based on current structure and momentum, I believe Bitcoin is likely heading toward the 104K–108K region. That said, no analysis is a crystal ball — markets are inherently uncertain, and while probabilities favor downside, nothing can be predicted with absolute certainty.
Translated from: English
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Signal Type: Sell
Time Frame:
1 dayPrice at Publish Time:
$112,292.69