Technical analysis by Bullishway1 about Symbol BTC: Sell recommendation (1/3/2024)

1. The previous monthly candle failed to close above the monthly ichimoku cloud. It is natural that it is very difficult to braek out the monthly kumo cloud. The price of Bitcoin had reached the ceiling of the ascending channel, where it was accompanied by a SHORT signal. Last week, in Daily timeframe the trendline had broken down, and yesterday the pullback was completed, and today it went down to the top of the komo cloud.