Technical analysis by andypro16 about Symbol BTC: Sell recommendation (3/16/2023)

The bitcoin price chart looks like a standard breakout-retest pattern indicating the bear run in the next few years. Take a look at the daily timeframe. The highest point of the wick is exactly at the previous long term support line (which has turned into a resistance), which prove the validity of the long term support line that I have draw. The next support level is at ~$5500 to $6000