Sell zoon is very strong BTBTC USD TECHNICAL ANALYSIS

This is a Bitcoin (BTC/USD) trading chart from TradingView, showing the 1-hour timeframe on the Bitstamp exchange.

Key Elements in the Chart:

1. Current BTC/USD Price: 95,629 USD, with a -2.75% drop (-2,708 USD).


2. Parabolic SAR Indicator (blue dots):

This is a trend-following indicator.

Dots above the price indicate a downtrend.

Dots below the price indicate an uptrend.

The most recent dots are above the price, signaling a bearish trend.



3. Trade Setup (Short Position):

**Red Zone (Stop-Loss