Technical analysis by LegionQ8 about Symbol BTC: Sell recommendation (10/21/2025)

LegionQ8
آخرین فرصت خریداران بیت کوین کجاست؟ نبرد حیاتی در سطح ۱۰۶ هزار دلار!

Hello, traders, I want share with you my opinion about Bitcoin. After a strong bullish impulse, BTCUSDT reached a local high and entered a consolidation phase, forming a clear range. The subsequent breakout to the downside signaled the start of the current corrective phase. At the moment, the price is moving within a descending structure, defined by a resistance line from recent lower highs and a support line connecting local lows. The market recently retested the previous Support Level (now acting as resistance) near 109,000 and is showing bearish pressure again. Currently, the price is trading near the Buyer Zone (106,000–107,000), which previously served as a strong demand area. I expect the market to test this zone once again, where buyer reactions will determine the next move. I think that BTC will consolidate between the Buyer Zone and Resistance Line, forming a potential accumulation before any decisive breakout. If buyers manage to defend 106,000, we could see a rebound toward the 110,000–112,000 region. However, a confirmed breakout below the Buyer Zone would open the path to TP1 = 106,300 and possibly extend the correction lower. Please share this idea with your friends and click Boost 🚀The price is falling as I expected. I think it will go even lower.A breakout below the buyer zone will open the way to TP1 = 106,300 and possibly continue the correction lower.There were a few good bounces into our target range.