Technical analysis by frmnCapital about Symbol BTC: Sell recommendation (5/4/2024)

Bitcoin took a hit on May 1, 2024Causing a shift in sentiment, but it seems it was a trap for bears, triggering a wave of liquidations and a subsequent market declineNow, Bitcoin is around $64,000, showing over 6% growth in the last 24 hoursWhile it has been stable over the past week, its price has dropped by over 4% in the last 30 days