- 9th TD Sell Candle signals potential trend exhaustion in Bitcoin.
- Rising wedge and RSI divergence suggest a 65% chance of a bearish reversal.
- Liquidity grab at highs warns of traps for late long traders.
As Bitcoin (BTC) hits an all-time high, a wave of caution is sweeping through the crypto community. On August 14, 2025, crypto analyst @CryptoFaibik posted a detailed breakdown on X, suggesting a potential bearish reversal.
The analysis points to a 9th TD Sell Candle from Tom DeMark’s TD Sequential indicator, a rising wedge pattern, and a bearish RSI divergence, signaling that the market may have reached a critical turning point. With Bitcoin’s price recently soaring, this warning comes as traders celebrate gains, but experts urge vigilance.
The TD Sequential indicator, widely respected for its trend exhaustion signals, shows the 9th candle in a sequence that often peaks around the 13th, hinting at an imminent top. Combined with a rising wedge—a bearish reversal pattern where price consolidates between converging upward trendlines—historical data from Investopedia suggests a 65% likelihood of a downward move.
The bearish RSI divergence, where price hits a higher high but the Relative Strength Index forms a lower high, further supports this outlook, indicating fading bullish momentum. @CryptoFaibik also notes a liquidity grab at the highs, a tactic where large players trigger stop-losses to trap late long traders, aligning with a June 2025 TipRanks report on Bitcoin’s $111,000 level targeting leveraged positions.
This analysis contrasts with the optimism of traders like @Baarut_, who recently secured a 7.58R profit from a long position, capitalizing on a demand zone bounce. However, @CryptoFaibik advises patience, warning against late longs as a bearish rally could be near. For investors, this duality underscores the need for risk management and technical confirmation before acting.
As the crypto market evolves, these insights highlight the importance of combining multiple indicators. Whether Bitcoin continues its ascent or pivots downward, the coming days will test these predictions.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
