Technical analysis by Karabo_michisi-29 about Symbol BTC: Sell recommendation (8/20/2023)

Bitcoin failed to break it's high located at 31K instead it formed a possible double-top which will be valid when price breaks below 25K and I see price falling to 16k if not 20k. In my knowledge as I look at the business cycle it seems to me that we are going into a recession which will confirm why bitcoin couldn't break higher.