Technical analysis by FreeWyckoffs about Symbol BTC: Sell recommendation (1/19/2024)

Bitcoin looks ready for a retracement back to low $30K's to fill the volume imbalance left behind. Wyckoff Methodology and volume analysis would align for a possible re-test of the previous Last Point of Supports which created a double bottom. A retrace of $32K would fill the volume imbalance, gather buyside liquidity, and shakeout weak hands before another impulse wave higher. The following impulse wave higher could catapult Bitcoin way past All-Time Highs if enough volume hits the tape. Short for the short term, Long for the long term.