Technical analysis by Sive-Morten about Symbol BTC: Sell recommendation (8/28/2025)

Morning Folks, Our recent plan worked nice - 108.40$ target is done. Not occasionally we called to not set too deep targets because of strong 105-108K support area. Which, honestly speaking has decisive meaning for BTC. Now we keep an eye on 114-114.7K resistance area. Potentially it might be interesting for bearish position taking. Although more precisely we could say if market will get there. Bullish ideas might interesting only if BTC returns to ~118K top. In this case reverse H&S pattern might start forming. But, since liquidity pressure in the US continues we do not count on this scenario right now. More probable that in nearest 1-2 weeks BTC spends in sideways action.