Technical analysis by Sovryn_Matt about Symbol BTC: Sell recommendation (3/2/2024)
https://sahmeto.com/message/1013437

Sovryn_Matt
Rank: 7514
Analytical Power:
1.5

I think this scenario is possible that could play out. Powell speaks on 6th & 7th of March where we could see price make new highs then get rejected in the 65K -$68k range. 69K is a meme 😂, I am doubting we break that before halving. I have seen this Wyckoff pattern play out often need times when bitcoins are feeling FOMO/Euphoria. Just my opinion. Not financial advice.
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Signal Type: Sell
Time Frame:
1 hourEntry Point:
$62,175Profit Target:
$51,825Stop Loss Price
$66,000Price at Publish Time:
$62,185.31