Bitcoin (BTC) monster crash alert
Bitcoin (BTC) rallied 7.41% in the last seven days and is, at press time on April 15, changing hands at $85,753. The week also featured two dramatic moves, with the first seeing a plunge near $75,000 and the other a subsequent 15% recovery. BTC one-week price chart. Source: Finbold Despite the positivity, the world’s premier cryptocurrency appears poised for another downward shift. Technical Analysis (TA) based on both the hourly and four-hour charts indicates a correction is imminent. Specifically, the prominent on-chain analyst Ali Martinez issued a cautionary X post on April 15, warning that TD Sequential is flashing a sell signal: Caution ahead! The TD Sequential is flashing sell signals for #Bitcoin $BTC on both the 1-hour and 4-hour charts. TD Sequential issues Bitcoin crash signal. Source: Ali Martinez TD Sequential is a technical Analysis tool that uses an asset’s performance over time to determine whether the prevailing trend wil...