Technical analysis by ArturoL about Symbol BTC: Sell recommendation (2/18/2022)

BTC and Nasdaq are highly correlated, both are forming a HS with decline neck! at the same time on the weekly timeframe. Big correction is coming for both, I'm short on both, big positions on Nasdaq. The patterns are not yet confirmed, probably it will take a few more weeks or not, I don't know but once confirmed, bloodbath!! BTC has a strong support at 30K level, I'm taking profits at that level and then wait if the price breaks down on the weekly and confirms. With crypto you never know.