Technical analysis by CryptoNikkoid about Symbol BTC: Sell recommendation (9/2/2025)

The chart speaks for itself: we have a bearish crossover on the weekly MACD — historically a strong signal for a 3 to 6-month correction. I know this goes against the current bullish sentiment, but every time this setup has appeared, the market corrected for several months. This time, however, the RSI isn’t extremely overbought, which could mean a shorter correction (1–2 months). 👉 Will this time be different? If history repeats, the correction target sits around $96K–$98K at the 50-week SMA, a level that has always provided strong support in the past. But if that support breaks… welcome to a new bear market.