Technical analysis by privatedvlper about Symbol BTC: Sell recommendation (10/25/2023)

BITCOIN ANALYSIS For the first time since June 2022 when BTC started consolidating, Price tagged new highs at 34800, which also happens to be previous support from January/February 2022. At the same time, the DXY is rising strongly after retesting the 105.50 zone, and its gaining momentum on the Monthly TF. Rejection of BTC at these levels means there is one more leg down to new lows for BTC.