Technical analysis by JalilRafieefard about Symbol BTC: Sell recommendation (5/14/2024)

Bitcoin in the short and medium term:According to the previous analysis, Bitcoin stopped at $56,500 before reaching $52,000 on May 1st, and the second wave of the previous analysis has started from this point.This analysis shows the continuation of the path in more detail. Based on this analysis, this week we will see the price of Bitcoin drop to $58,000 and then within the next two weeks, Bitcoin will grow to the price range of $70,000.As you can see in the chart, after that Bitcoin has a heavier fall ahead and will fall to the $27,000 range in the coming months.JalilRafieefardMay 14, 2024According to Bitcoin analysis, it reached its initial goal in the range of $70,000.Follow the path in the analysis below: