Technical analysis by IvyMorgan about Symbol BTC: Sell recommendation (10/18/2025)

Bitcoin is trading near $107,381 after falling from $109,000-110,000. Despite the mild recovery, the low tops and lows technical pattern still indicates seller dominance. Unfilled FVG gaps between $109,000 and $112,000 appear as potential resistance areas. The Ishimoko Cloud is located above the price and forms a strong barrier, while the Chikou Span has not crossed the price yet - confirming the continuation of the downward trend. Economically, markets are waiting for the Fed to cut interest rates by 25 basis points, but US yields above 4% keep pressure on high-risk assets. In the short term, the price may only rebound to fill the FVG of $107,500–108,000 before falling back towards $105,000 or even $103,000. A strong close above $109,500 would be the first sign of a real reversal.