Technical analysis by ManiMarkets about Symbol BTC: Sell recommendation (9/1/2025)

Bitcoin (4H) Update: Downtrend Holds, Breakout Needed Current Downtrend: Bitcoin is clearly trading within a descending channel on the 4-hour timeframe, marked by a series of lower highs and lower lows. This indicates that bears are currently in control. Uptrend Signal: To even consider focusing on an uptrend, we absolutely need a clear breakout and sustained close above the upper boundary of this red downtrend channel. Major Bullish Shift: For a more significant market shift back to a bullish bias, BTC must convincingly break and hold above the $114,000 mark. That's our key level for a strong reversal confirmation. Key Levels to Watch: Below us, we have strong immediate support in the $97,800 to $102,000 range. On the upside, if we do break out, be watchful for significant resistance around the $118,000 to $120,000 area. Disclaimer: The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.