Technical analysis by BleepBl00p about Symbol BTC: Sell recommendation (9/29/2024)
https://sahmeto.com/message/2864505
BleepBl00p
Rank: 22056
Analytical Power:
1.4
Short the pump season? BTC
Sell
Price at Publish Time:
$65,730.75
Profit Target:
(+38.06%)$40,713

Seeing these lower lows is really concerning. I figure that with institutional interest, comes institutional entries. Big wig Banks dont want to buy a clear top, But they want it on their balance sheets. My theory is that the prices will be driven to record lows to shake out the weak hands to create the liquidity required to enter in a big big way.
Source Message: TradingView