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

Since March 13, 2023, the BTCUSD has consistently traded above its weekly 50-period Simple Moving Average (SMA), demonstrating sustained bullish momentum. The price has tested the weekly 50 SMA on three occasions, each time finding support and maintaining its position above Moving Average. However, a significant bearish divergence is evident on the weekly chart, signalling potential weakening momentum despite the upward price trend. Given this divergence and historical price action, there is a high probability that BTCUSD may retest the $95,851–$100,000 support zone in the near term. Traders should monitor this critical area for potential price reaction.