Bitcoin (BTC) Faces Sell Signal, Correction Likely, Analyst Says

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Bitcoin (BTC) Faces Sell Signal, Correction Likely, Analyst Says
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Analyst believes Bitcoin is likely to face price correction due to signal he saw on chart

Crypto analyst and trader Ali Martinez, who often shares trading signals and conclusions based on them on his X platform account, has now published aAli shared that it was a sell signal on the Bitcoin daily graph. He now believes that a potential correction may take the BTC price down to $29,500-$28,630 from the current $30,668 level.. He spotted a potential head-and-shoulders formation emerging in the BTC daily chart.

However, Scaramucci stated that this immense figure was a typo. He believes that during the next bull cycle, the flagship digital currency is likely to reach $150,000-$200,000. By the end of this decade, he expects Bitcoin to Author of"Rich Dad Poor Dad," financial guru Robert Kiyosaki, has recently urged his followers to opt for Bitcoin. He tweeted that he believes the next stop for BTC to be at the $135,000 level.

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