Technical analysis by cosmin_the_best about Symbol BTC: Sell recommendation (11/24/2024)
https://sahmeto.com/message/2998642
cosmin_the_best
Rank: 24740
Analytical Power:
1.2

A potential scenario for Bitcoin to surprise everybody can be like this and why I think it might happen.1.Fed balance sheet is still shrinking2.When they cut the rates at some point the bad data will come (High unemployment ,risk of reccesion)3.This time there is a big lag between ETH/Alts and BitcoinI might be wrong but I will not be surprised if this happens.Confirmation will be in December - January 2025.
Translated from: English
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Signal Type: Sell
Time Frame:
1 weekPrice at Publish Time:
$97,296.74