Technical analysis by TRADETITANWAQAS about Symbol BTC: Sell recommendation (9/5/2024)

BTCUSDT made a potential inverse head and shoulders. Outlook also seems bearish as it has left more liquidations at 48k to 50k level. A small short squeeze can be seen before a final push down to 50k level, but its just an assumption. It can go direct to 50k without any squeeze to the upside. overall scenerio points out to the downside and can give a massive opportunity to load up alts before going back upwards. If 50k level is sustained then btc may be primed to make a new alll time high which can be a last exit from all assets in crypto. Everything is based on probability so play with managed risk to reward.