Technical analysis by holeyprofit about Symbol BTC: Sell recommendation (2/9/2024)

Out BTC longs and into shorts. Still think this has potential to trade 55K so have my stops quite close to current action and if we pop higher I'll just look for new entry ops but exiting longs here and starting to build up shorts. Did okay on the rally. Regained losses from attempts to short previous around 30K - 35K zone. My overall premise remains that this is a corrective move rather than a new bull move and if it is I'd expect to see sellers come in somewhere 47k (Now) to 55K.