Technical analysis by CoinrabiaDeFi about Symbol BTC: Sell recommendation (1/8/2025)

As I like to remind my friends - if you are not trading crypto, you are not paying attention to the new economy happening primarily on mobile devices and various blockchain specific wallet-based swapping platforms like Ape.pro on Jupiter, UNIUSD Uniswap, and SOLUSD Solflare, and the ever expanding Base ETH markets on Uni and elsewhere. Don't for get to buy DICKBUTT when you have some spare OPUSD to convert.Just a sample of the headlines out there:Meme Coins Decimated Amid Crypto Massacre: BONK, FLOKI, AI16Z Hit WorstAs Bitcoin (BTC) fails to hold above $100,000 for the fifth consecutive try, the cryptocurrency market plunged by 8.3% in a few hours. Here's why meme coins suffer the most while some of them are already back to surging.Read more on U.Today u.today/meme-coins-decimated-amid-crypto-massacre-bonk-floki-ai16z-hit-worstBut on the upside, we do have more crypto-friendly people being appointed to government positions, especially in the US which has faced an uphill battle against current crypto regulators. BTCUSD is down, but so is every token in every market right now. How will the rest of the week develop? Will we see a return to positive trends in alt-coin markets and a recovery of BTC beyond the magic 100k mark?Remember habibi, the desert tests your will, not your strength.