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Technical analysis by HAMED_AZ about Symbol BTC: Sell recommendation (8/24/2025)

https://sahmeto.com/message/3732152
HAMED_AZ
HAMED_AZ
Rank: 55
3.9
Sell،Technical،HAMED_AZ

Hello Traders! 👋 What are your thoughts on BITCOIN ? Bitcoin failed to sustain above its recent highs and has since entered a corrective phase, breaking below its ascending trendline. Price is now trading below the broken trendline and beneath a key resistance zone. A pullback toward the broken trendline appears to be in progress. If price fails to reclaim the resistance, we expect a continuation of the decline toward the highlighted support levels. Invalidation: A daily close above the resistance zone would invalidate the bearish scenario and shift focus back to the upside. Don’t forget to like and share your thoughts in the comments! ❤️The price is advancing straight toward the projected targets without making a pullback or correction to the highlighted resistance zone

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$114,705.01
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