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Technical analysis by Rice2r about Symbol BTC: Sell recommendation (1/26/2024)

https://sahmeto.com/message/2768412
Rice2r
Rice2r
Rank: 20074
Sell،Technical،Rice2r

BTC is still consolidating around 39k-40.5k price range There is still uncertain market condition that make big buyer to wait. After the ETF approval, we see a lot of Greyscale BTC are being sold off, as the ETF fee is a lot cheaper than Greyscale. we might see price fall to 38k or even further to 35k for spot trader come in and buy

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$40,125.16
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