Technical analysis by MarketAnalytix about Symbol BTC: Sell recommendation (10/15/2024)

Well the price has created a perfect "Double-top" formation at the time of writing this post, But if price doesn't dump rapidly in an impulsive fashion, we would likely see another pump to the upside just to shake out the over-leveraged folks out, and possibly check $69,000 price range to finally complete wave X, and start the decline for wave Y to $49,000 hopefully. Lets see. I am being open-minded about it.