Technical analysis by DigitalSurfTrading about Symbol BTC: Sell recommendation (6/18/2024)

DigitalSurfTrading

With resistance locking in what seems to be Wave 4 of a potentially leading diagonal wave (see orange circle), unless bulls can push price back above $72K in the days ahead, its probably best to consider the idea that Bitcoin has printed its top already for 2024.If so, we can expect Bitcoin to fall steeply for the next 2 years roughly.Target?$5.00When you see $37K break, run towards the valley. Bitcoin will meet you there.Could see $43K this fall, however the upside move is not yet done for BTC. Images listed above are technically invalid, though the macro form is not actually changing. The finalization of the current macro fractal however has been postponed. Stay tuned.Double confirming the idea that $120K+ comes before the next big seasonal brr wave.Sometimes its hard to not jump the gun when you see these plays potentially setting up.Surf carefully my friends.As for the big macro picture though -- this is #bubbletroubleBitcoin got months of lift left.