Technical analysis by LoneWolf1425 about Symbol BTC: Sell recommendation (2/1/2025)

This has been a very screwy time in markets, lol. I was stopped out of my first BTC short after at least some profits were taken. I still think that we are going to face a correction before heading higher, granted that we haven't seen the top of this cycle. If this accelerated trendline breaks and confirms, enter a short position. That is the safest entry for now at least. I would target the big picture trendline, which will probably be close to the .50 fib on this particular break-out structure. So, close to 76K. We may even get a scare-tactic wick down to 68K-70K. That coincides with this structure's .618 pocket. Anyway, that's it for now for me. Thank you!This was nailed a while ago, but I forgot to update!