2024

Bitcoin

Note

Bitcoin has shown a tremendous rise in the last 7 days, exceeding $ 52,000. While this rise ignited excitement among investors, an experienced analyst issued a bearish warning for BTC.
At this point, crypto analyst Ali Martinez, who is closely followed by investors, warned investors that Bitcoin may fall in the near term.
Pointing out that the TD Sequential indicator on Bitcoin's daily chart gives a sell signal, the analyst stated that there may be a potential correction that may last one to four days.
Underlining the importance of closely monitoring such market indicators, especially during periods of increased volatility, Martinez emphasized the past performance of the TD Sequential indicator and said that it has accurately known all buying and selling signals since December 2023.
<blockquote>
 “Warning!
 The TD Sequential indicator offers a sell signal that anticipates a one to four-day candlestick retracement on the Bitcoin daily chart.
 Note that all of the buy and sell signals this indicator has shown since December 2023 have been confirmed. “
</blockquote>
Bitcoin continues to trade at $52,190 at the time of writing.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/26a0.png" alt="⚠" class="wp-smiley" style="height: 1em; max-height: 1em;"> Warning! The TD Sequential presents a sell signal on <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> daily chart, anticipating a one to four daily candlesticks correction. Note that the buy and sell signals this indicator has shows since December 2023 have all been validated. <a href="https://t.co/XQoP8TLvye" rel="noopener noreferrer nofollow">pic.twitter.com/XQoP8TLvye</a>
 — Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1758072411398844754?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 15, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/this-indicator-reported-the-latest-rises-and-falls-in-bitcoin-what-signal-does-it-give-now/" rel="noopener noreferrer nofollow">This Indicator Reported the Latest Rises and Falls in Bitcoin! What Signal Does It Give Now?</a>

This Indicator Reported the Latest Rises and Falls in Bitcoin! What Signal Does It Give Now?

Bitcoin Sistemi EN

Ďalšie články zverejnené 15. 2. 2024

Solana Price Prediction: SOL Challenges BNB For 4th Biggest Crypto After 14% Surge In A Week As T...

Tron Unveils Ambitious Plans For Bitcoin Layer 2 Integration

Is Cardano (ADA) Poised for a Price Surge?

Economist Alex Krüger Says Ethereum Rival With ‘Absolutely Massive’ Ecosystem Is Underpriced Rela...

Cisco to lay off over 4,000 workers as global tech job cuts hit 32,000 in 2024

EigenLayer nears $7b TVL, becoming 4th largest restaking protocol

Pripojte sa k nášmu bezplatnému bulletinu a získajte denné aktualizácie kryptomien!