Technical analysis by Khiwe about Symbol BTC: Sell recommendation (11/4/2025)

Khiwe
تحلیل بیت کوین: آیا روند صعودی BTC/USD در خطر است؟ (سطح کلیدی ۱۰۰,۶۸۹)

Hello BTCUSD Daily Analysis: - The price is currently below the 100 EMA, which remains above the 200 EMA, indicating a bearish trend overall. - The 21 and 50 EMAs are also below the 100 EMA, reinforcing the bearish pressure over the 200 EMA. The key resistance level then is 109,588. - Currently, bearish movements are driven by pressure around the 111,732 area. However, the trend has not yet reversed. 🧩 The level of 100,689 acts as support. As long as this level holds, the bullish trend remains intact. - If the price breaks below 100,689, there is potential for the trend to shift to bearish. Overall: 🎙️A break below 100,689 could signal a trend reversal, while holding above this level may keep the bullish outlook alive. Happy Trading; K. __ Not trading advice.