Technical analysis by peterbokma about Symbol BTC: Sell recommendation (9/29/2025)
https://sahmeto.com/message/3800520

peterbokma
Rank: 2068
Analytical Power:
2.1
BTCUSD-SELL strategy Monthly chart Reg. Channel
:Sell
Price at Publish Time:
$111,843.08

it's manipulative investment, which means a turn around will be as swift as it's up-move we have been observing. For now, RSI shows negative divergence, and the reg.channel boundary is current $ 125 - 80 k. Lower down is $ 78 k support, and considering the overall view, the down side is possible based on over bought state, and also the likely turning of the indicators such as Fisher Form and MACD. Streategy SELL @ $ 110-120 k and take profit near $ 75-80 k.
Source Message: TradingView