Technical analysis by Bilind-GeniusScalper about Symbol BTC: Sell recommendation (11/24/2024)

After an impressive bull run that propelled Bitcoin (BTC) close to $100,000, the cryptocurrency now appears to be entering a consolidation phase, potentially signalling a downtrend. If the price accepted below the identified Zone, BTC could test $81,000, with further declines potentially reaching $72,000. Conversely, any sustained acceptance above this zone may reignite bullish momentum, paving the way for a climb to $102,000.Disclaimer: This analysis is provided for informational purposes only and does not constitute financial advice. Trading cryptocurrencies involves significant risks, including the potential for substantial losses.