- The TD Sequential has indicated a sell signal on the Bitcoin daily chart.
- BTC could drop to $28,630 in a likely price retracement.
- The predicted pullback is supported by a significant 74.21 RSI value.
A sell signal has emerged on the Bitcoin daily chart that could return the price to $28,630 according to Ali, a renowned technical analyst. The expert posted the latest BTC price prediction on X, where he provided pictorial evidence to show that TD Sequential has indicated a sell signal on the Bitcoin daily chart.
#Bitcoin | The TD Sequential presents a sell signal on $BTC daily chart. Watch out for a potential #BTC correction to $29,500 or even $28,630!You can try this trading strategy at @PrimeXBT. Use the promo code **alicharts** and register here: https://t.co/LbAqCIiIIa pic.twitter.com/aMh5FckBLC
— Ali (@ali_charts) October 23, 2023
Ali’s latest Bitcoin price prediction follows a previous analysis where he analyzed a potential head-and-shoulders pattern forming on the Bitcoin daily chart. As of yesterday, October 22, Ali predicted the upcoming sell signal by spotting a green nine candlestick flashed by the TD Sequential. A 74.21 Relative Strength Inde…
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