Technical analysis by JamesSpindler about Symbol BTC: Sell recommendation (8/14/2024)

Sorry to break it to y'all, but the BTC chop isn't finished yet. I expect a drop to around the 40ks which coincides with the Nov 22 low from a momentum perspective, unlocking another 10 months of upside like we previously experienced. US500 is the main cause of this, which will cause another capitulation event before assets break correlation and boom. Timeframe can be forecasted using the resistance fan lines. I am a MAXI so trust the analysis, I want 300k+ just as much as you all do. Kappa.