Technical analysis by Aleksin_Aleksandar about Symbol BTC: Sell recommendation (8/26/2025)

Trend: The main trend is still upward, with the price moving within a wide channel that started at the end of 2023 and extends into 2025/2026. The lower line of the channel (around 100k USD) currently represents the main support, while the upper line (around 150–160k USD) is the potential resistance zone. Short-term movement: The price is currently around 115k USD, and the projection on the chart shows a possible decline toward the lower line of the channel (around 105–110k), where a base for further growth could form. There is a potential “zig-zag” oscillation scenario until the end of 2025, with price staying within the channel. Long-term scenario: If the channel holds, the expected larger impulse is toward 130k+ USD (upper mid-channel), and later potentially toward 150k. The key support level remains around 100k; dropping below that would indicate a break from the channel and a possible trend reversal.