Technical analysis by pejman_zwin about Symbol BTC: Sell recommendation (10/20/2025)

Right now, Bitcoin ( BTCUSDT ) is moving within its Heavy Support zone($111,980-$105,820) . Over the past couple of days, it tried twice to break this area but couldn’t. One big reason is that recently, there was news that Japan is considering allowing banks to invest in crypto . Also, yesterday, Trump confirmed he’ll meet with China’s president on October 31st , which the market took as a positive sign that US-China tensions might ease. Previously, the market dropped on news of potential tariffs, and now it’s reacting to the possible easing of those tensions. In the last 24-48 hours , Bitcoin has formed an inverse head and shoulders pattern , which could signal a short-term bullish reversal. However, there are still important resistance levels and cumulative short liquidation areas overhead. We need to see if Bitcoin can break through those. From an Elliott Wave perspective, Bitcoin still seems to be in a corrective structure, and until it gets above around $116,000 , there’s still a risk of further downside. So we shouldn’t get too excited about the recent 48-hour bounce. In short, I expect Bitcoin might push up to those Resistance lines , the Resistance zone($114,300-$113,000) , and Cumulative Short Liquidation($115,241-$113,454) , thanks to the inverse head and shoulders, but it could face resistance there and possibly drop again. Note: It seems that we may see an increase in Bitcoin with the opening of the US market, but because the SPX500 index( SPX ) is in a correction situation, we can expect Bitcoin to fall again. Note: Crypto market conditions depend on many parameters these days, and be sure to observe capital management. New CME Gap: $107,690-$107,220 Cumulative Long Liquidation: $107,000-$105,782 Cumulative Short Liquidation: $112,241-$111,398 Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analysis (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.Trade was activated in Cumulative Short Liquidation: $112,241-$111,398My target Done(Trailing Stop) So what I want to say is that right now, a lot of movements in the cryptocurrency and global financial markets are happening with an eye on the tensions between the US and China over tariffs. But for us, we don't have any tool that lets us know what's going to happen before the news actually breaks. So we rely on technical analysis tools and supply-and-demand zones to do a better analysis. I will try to update BTC.