Bitcoin Daily Chart Shows ‘Warning Signs,’ Analyst Says: Should You Worry?

Bitcoin (CRYPTO: BTC) is hovering near $121,000, with its daily chart showing several warning signs historically associated with meaningful corrections.

What Happened: In a detailed X post, crypto chart analyst Ali Martinez highlighted that the TD Sequential indicator has issued a sell signal, a pattern that has reliably preceded past pullbacks.

For context, a TD Sequential sell on July 14 preceded a 7% drop, while the signal on Aug. 13 led to a 13% decline.

Supporting this, other overbought …

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