Technical analysis by privatedvlper about Symbol BTC: Sell recommendation (6/1/2023)

privatedvlper

BTCUSD ANALYSIS BTCUSD possible sell set up forming. Keep in mind we have been consolidating since last year June, so any impulse to the downside may last for three or four months. It will be a clean, powerful move to new lows, possibly below double digits.Comment: Many of you disagreed with the idea. But that's one of the signs that you are right, especially in trading, when majority are against you. The selling pressure is evident. I moved my stop loss to breakeven, just to be safe. With crypto, anything can happen. I suggest you do the same.Comment: My analysis on the dollar ( ), helped to pin point the fall of bitcoin. The bears are only getting started!