Technical analysis by SetKryptoBalans about Symbol BTC: Sell recommendation (1/20/2025)

The current market sentiment is overwhelmingly bullish. The anticipation surrounding Trump’s inauguration and the potential for pro-crypto regulations has created massive optimism for continued upside. But isn’t this the perfect time to ask – is now a good moment to lock in some profits?On the chart, I’m showcasing two of my custom indicators: PrimeMomentum Long Term Signal BTC and Weekly Peak Finder. Both indicators are based on long-term analysis and have historically been extremely reliable at identifying key market turning points.Current Situation🔸 Both indicators have flashed simultaneously. Historically, such occurrences are rare and have consistently signaled significant downward movements.🔸 Historical correction analysis:For Weekly Peak Finder, after a bearish signal:- The first correction resulted in a 25% drop.- The second correction saw a 65% drop.- Now, with both indicators flashing together, the market has only dropped by around 5%. This is the smallest correction in history following such combined signals. Is this really it, or is the market preparing for a larger move downward?Can we assume this time is different and the correction is over? Or is the current euphoria and optimism masking a potential larger drop?My DecisionConsidering the historical reliability of these indicators and the fact that both are flashing simultaneously, I’ve decided to lock in 50% of my BTC position. This approach allows me to secure profits while still leaving room for potential further upside.Is the market gearing up for a historic rally, or is this the perfect setup for a deeper correction? I’d love to hear your thoughts – what’s your take on this setup?