Technical analysis by rubikkav about Symbol BTC: Sell recommendation (9/11/2023)

Bitcoin will react to the decline due to the death cross that will take place soon between the 50-period simple moving average and the 200-period simple moving average, according to daily trading parameters. Next supports: $25009.81; 24544.33; and $23147.88.Perhaps the liquidations that will take place on the 13th due to the FTX exchange will cause many to open short positions and thus generate liquidity to the market in counterpart to the demand.