Technical analysis by nahuelo0 about Symbol BTC: Sell recommendation (4/26/2024)

Expect some bearish and choppy price action for btc Obv is showing a HCH divergence and the price it´s showing distribution signal. We are near 1.618 zone in the fib channel which is toppy generally. Bitcoin has its cycle and it can´t go up forever. I see some distribution on current prices based on all that wick candles and that high volume if you think about it it´s a good price (near previous ath) for taking profits for all professional buyers who bought cheap. Buy low sell high rule number 1. I think all the money will flow into ETH and altcoins. I think isn´t time for focus on btc now.