Technical analysis by Ralx-Gls about Symbol BTC: Sell recommendation (8/29/2025)

Ralx-Gls

Supporting an authentic retreat of Bitcoin/US dollar at 109,040 Bitcoin's pair/US dollar remains in a bullish direction, as the last price movement showed signs of a corrective decline in the broader upward trend. Support area: 109,040 - Main level of previous cohesion. The price is currently testing or approaching this level. The bullish reversion of the level of 109,040 will confirm the continuation of the upscale momentum, with possible goals at: 115,420 - Initial resistance level 117,400 - psychological and structural level 119,260 - stretch resistance level on long -term graph Detate scenario: Daily fracture and daily closure will weaken 109,040 ups, and indicates the risk of a deeper drop towards: 106,470 - secondary support 104,340 - stronger support and possible request area Expectations: The upward trend is still present as long as the Bitcoin/US dollar pair remains above the level of 109,040. Constant fracture without this level may lead to the transformation of momentum towards a short -term decrease.