Technical analysis by Samura0x about Symbol BTC: Sell recommendation (2/5/2024)

As I wrote before the weekend, it seems that we have entered the bearish range phase, in which the price will be trading for some time. Such phases are one of the most challenging for all traders, because their trend setups stop working and they have to act in a completely new paradigm. I think this range zone period will last ~1-2 weeks at the current BTC price level, then we will see a sharp drop, or a rise and then a fall. All short targets remain the same, my setup has not changed.