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Technical analysis by WorldBroker about Symbol BTC: Sell recommendation (10/21/2023)

https://sahmeto.com/message/507200
WorldBroker
WorldBroker
Rank: 15972
Sell،Technical،WorldBroker

I believe that only whales will enjoy this fake rally driven just by the "ETF spot news". That is just a news, the effects of the ETF you will enjoy in the coming years, because Bitcoin and alt coins always suffered wallstreet and stock weakness. S&P500 broke the 200 EMA on daily charts, and a huge double bottom on monthly and weekly charts so well visible, should make the rest of the game, an acceleration of the bear market is coming for stocks. Tesla lost 20% in few days. Bitcoin and crypto community is blind, but this is a big opportunity to build bearish strategies and wait for better prices. Key support and targets for Bitcoin are not less of 23.000. I believe so that market right now is paying 7000$+ for bitcoins with a just impulsive move.

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$30,187.22
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