Technical analysis by Swoop6 about Symbol BTC: Sell recommendation (1/14/2025)
https://sahmeto.com/message/3166254

Swoop6
Rank: 4463
Analytical Power:
1.7

As I've mentioned previously I'm of the belief this cycle is done (or damn close) - ppl might cheer on 1 more high but it will be short lived and end quite badly, Every top has the same signs yet dumb money try and fantasize of reasons for prices to keep going higher...you hear it every cycle top how this time it's different or we're entering a super cycle or...institutions are here now!...none of it really matters and this time won't be any different - one should be expecting a quite vicious and drawn out correction somewhere in the ball park of -50-80% because that's what usually happens after a cycle top.
Translated from: English
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Signal Type: Sell
Time Frame:
1 weekProfit Target:
$36,000Price at Publish Time:
$94,794.65