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

ibrahimakkaya

#Bitcoin 📊 BTCUSDT - Daily Graphic Analysis 1️⃣ Formation: The graph has a very clear double hill (double ball) formation. This formation usually gives a powerful trend return (from top to bottom) signal. 2️⃣ Critical levels: 112.516 $ → Tillson and formation neckline. It is negative to stay under this. $ 108,000 zone → short term intermediate support. 100.943 $ → Dual Hill Target Zone (marked in the graph). Sales pressure towards this level may increase. 3️⃣ volume analysis: The volume is weakened in the hill areas, which shows that buyers have lost their power. The increase in the volume of decrease candles confirms that sales are strong. 4️⃣ Indicators: The indicator below (probably Momentum/Trigger line) has made down, which supports the SAT signal. The decline tendency in the short term is stronger. 📈 Positive Scenario: If the price rises over $ 112,500 again, the dual hill will be wasted, then there is a new rise to the $ 120,000 - $ 124,000 band. 📉 Negative scenario (Right now): If closes under $ 108,000 arrive, a decrease in the $ 100,900 - $ 101,000 band with a formation target may accelerate.