Technical analysis by Crypto_Inside_trading about Symbol BTC: Sell recommendation (8/29/2025)

The correction I’ve been warning about for weeks is starting to unfold. Twitter is already filled with bearish sentiment. But in reality, it’s still too early to call this a full-blown correction — this is just the beginning. Here’s what to focus on right now: 1️⃣ Bitcoin was strongly rejected from its diagonal resistance in the 8-year ascending channel. This is a massive psychological level, and it won’t be broken easily — especially with current liquidity conditions. 2️⃣ Buying volumes have been declining the entire year. The rally of the past year wasn’t some miracle surge in demand for Bitcoin — it happened simply because no one was selling. 3️⃣ Liquidity has also been draining for a year. While it’s not disastrous (we’re still in roughly neutral territory), the outflow trend is clear. 4️⃣ Along the way, multiple gaps have formed below: $105,827 – $101,473 $93,282 – $85,090 $81,700 – $74,780 And most recently above at $124,495 – $118,897. As we know, gaps close 99% of the time. With so many stacked below, if correction deepens, price could cascade downward through them. 5️⃣ The first major support level is around $99,000–$100,000 — where the first gap would close. That’s where we can expect a bounce, but I doubt it’ll mark a full return to the uptrend. 📌 Conclusion: BTC, ETH, and SOL are all totally overheated. They’ve been climbing for half a year straight, and the market badly needs to cool off. Bitcoin looks ready to deliver exactly that.