Technical analysis by ProfitMagnet-Pro about Symbol BTC: Sell recommendation (8/31/2025)

Bitcoin (BTCUSD) has formed a clear Head & Shoulders pattern on the 8H timeframe, signaling a potential bearish reversal. Pattern Structure: Left Shoulder ✅ Head ✅ Right Shoulder ✅ Neckline break confirms weakness 📉 Key Levels: Neckline resistance around 112,500 Current price hovering near 108,750 Break of BOS (Break of Structure) suggests sellers are in control Bearish Outlook: If price sustains below the neckline, we could see a drop toward the 105,000 – 102,000 zone, with further downside possible if momentum accelerates. Trading Plan: Watch for retests of the neckline as resistance for possible short opportunities. Risk management is crucial – avoid chasing moves without confirmation. This is a technical analysis idea, not financial advice. Always do your own research and manage risk before trading.