Technical analysis by PistolPeteno1 about Symbol BTC: Sell recommendation (8/11/2024)

1. Big Wick bull Rallies into CME GAP so institutions on CME can get a fill. This is exactly what happened in 2021 December and where most finally cop on it's a bear market.2. This is a great short with 50/200 death cross MA and failed bull rally into the death cross.3. I am Targeting 32-34k for BTC as bear market bottom in 11 months.4. Best guess is it bottoms August 2025.This is the December 2021 CME Fractal I refer to. Once it half filled CME GAP then the real bear market started and it never went up from the point until next bull.