Technical analysis by KarlosMatos about Symbol BTC: Sell recommendation (4/2/2022)
https://sahmeto.com/message/2692666

KarlosMatos
Rank: 9017
Analytical Power:
1.5

The overall general steam appears to be running out over the mid to long term.I am expecting the curve to hold.Low leverage short opportunity. 5-10xThis is a bounce on the way down.Still expecting 37666 and potentially a further leg down to the 30-32k range.Long term expecting a retest of the historic ATH, with an ultimate push to 10-15k range over the next 12 months.Still expecting 37666 and potentially a further leg down to the 30-32k range.Tell me why we would have a sudden influx of demand?? I see no reason a person would buy here, and if we set lower lows then a true break in confidence into a huge sell off is possible.True demand wont kick in until the 9-12k range. Yes it will be a bumpy ride down but short it remains.
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Signal Type: Sell
Time Frame:
1 dayPrice at Publish Time:
$45,894.02