Technical analysis by ScottMelker about Symbol BTC: Sell recommendation (10/7/2025)

Bitcoin continues to build overbought bearish divergences on multiple time frames. The 4-hour and 6-hour both have them (with some hidden bullish divergence on 4), and we are even seeing it potentially on the weekly. Fundamentals trump charts, so FOMO could kick in and invalidate these quickly. Still, I am being cautious at resistance when there’s euphoria.