Technical analysis by CryptoTraces about Symbol BTC: Sell recommendation (12/24/2023)

This time, I've chosen to utilize the Elliott Wave indicator to foresee the future movements on the BTC/USDT chart. My previous prediction, employing the CryptoTrace indicator, achieved perfection, as I demonstrated. To view the published idea, you can visit my profile. When BTC exhibits perfection in the Fibonacci extension, indicating adherence to the indicators followed by BTC traders, I anticipate a possible correction from the summit, potentially reaching 34k before selecting the trend direction again. Please remember, this analysis is solely mine. It's important to conduct your analysis and assess your risks accordingly.