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Technical analysis by PouyanFa about Symbol BTC: Sell recommendation (13 hour ago)

https://sahmeto.com/message/3997855
PouyanFa
PouyanFa
Rank: 206
3.0

BTCUSD-Bearish Structure Forming on Bitcoin – Patience Required

Sell
Price at Publish Time:
$88,205.56
Sell،Technical،PouyanFa

My analysis on Bitcoin today might get some negative comments from those who are holding BTC or are in long positions. However, from my perspective, I see a bearish pattern forming in line with the main trend. If this pattern gets activated, it could push the price down toward the $75,000 area — although it’s still too early for that level to be reached. For now, my expectation is a period of consolidation (compression) first, followed by a potential downside move.

Source Message: TradingView
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