Technical analysis by Krokzi about Symbol BTC: Sell recommendation (8/13/2024)

Notice how Bitcoin breaks below previous lows (circled) and then gets back above them?I like that.What I don’t like is that each time it bounces, it fails to surpass previous highs since March 2024.It has attempted twice and failed both times. This indicates weakness.From a psychological point of view, the market could be trapping longs here, given the history of bouncing once previous lows are swept.Target:I never liked this crypto shit anyway.