Technical analysis by ratchet-mint about Symbol BTC: Sell recommendation (3/2/2024)

BTC is currently forming a reversal pattern. After its recent high failed to break above its previous high denoted by the two blue arrows We now watch for the pattern to confirm the reversal by breaking below the last low which occurred just before the highest high Note: BTC has already broken from larger upward bullish trend. Trending flat right now we wait if this consolidation before going higher or distribution before falling.