Bitcoin Price Holds Above $68,000, But TD Sequential Sounds Sell Alarm
The Bitcoin price has not quite been able to replicate its midweek form over the weekend, hovering around the $68,000 level. Despite the quiet performance in th
The Bitcoin price has not quite been able to replicate its midweek form over the weekend, hovering around the $68,000 level. Despite the quiet performance in the past day, the premier cryptocurrency has managed to hold its own above $68,000.
However, a prominent crypto pundit on social media platform X has said that the price of BTC might not be able to hang on to this level for too long. This has left several investors wondering if this potential correction is only a hiccup or a complete turnaround in the latest bull run resurgence.
Analyst Says Bitcoin Price To Face Brief Correction — What Next?
In a recent post on the X platform, crypto analyst Ali Martinez put forward an interesting prognosis for the price of Bitcoin, saying that the premier cryptocurrency might be set for a brief correction in the short term. According to the pundit, the “Tom Demark” (TD) Sequential has flashed a sell signal for the BTC price on the daily chart.
The TD Sequential is an indicator in technical analysis…
