Technical analysis by Sadraleysi02 about Symbol BTC: Sell recommendation (10/16/2024)

Bitcoin price has hit trendline and Fibonacci resistances&p is at its highest pricesBitcoin's dominance is very high, and on the other hand, altcoins do not grow much, and the reason for the growth of bitcoin's price is the inflow of money from altcoins, and no money has entered from outside the cryptocurrency system.Dominance Tether is on strong supportIt is very likely that Bitcoin will fallFibonacci levels can be viewed as targetsMost importantly, the geopolitical situation in the world is not good and there are many wars going on