Technical analysis by Bahman about Symbol BTC: Sell recommendation (1/10/2024)

Weekly Bitcoin Time I don't think it needs an explanation. It is quite clear that the price is at the ceiling of the channel in addition to the monthly resistance zone, and no wise person will take a long here unless he waits for the ceiling of the channel to break up and enter the pullback. Usually, the intersection areas of support with the bottom line of the channel or resistance with the top line of the channel are very strong and their fall or growth is very powerful. In the case of the fall of the support areas, which is completely clear. The first priority is due to the collision with the roof of the channel and the bank