Technical analysis by Trade_Wolf about Symbol BTC: Sell recommendation (7/12/2024)

As predicted, Bitcoin breaks the Bearish pennant to head into 50k support, if BTC fails to remain in the 50k support then expect for more downside pressure into $49 - 44k, this would be the absolute last stop so if 49k breaks then prepare your Dens for hibernation into the bear market 🐻....Good luck and will update as needed.