Technical analysis by alimollaghasemi about Symbol BTC on 11/4/2025
https://sahmeto.com/message/3896943

alimollaghasemi
Rank: 4532
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Neutral
Price at Publish Time:
$101,815.55

Hello friends! The red line that we are currently testing on the weekly RSI indicator has never been broken to the downside since the beginning of this cycle. We need to wait until the end of this week to see whether the line actually breaks or holds. I’ll post an update at the end of the week with the result. If the red line does break, it would signal the end of this bullish cycle.And now time to update: weekly candle closed and now we know that this bullish cycle is done. from now on just be on short side.
Source Message: TradingView