For all of the triumphs of 2024, Bitcoin (BTC) has lately been struggling to maintain any sort of positive momentum.
Indeed, after tapping a new all-time high (ATH) at $73,000 in March, the world’s premier cryptocurrency has experienced a notable correction which – at the height of the Israel-Iran war scare – even saw if fall below $60,000.
While the situation has somewhat stabilized since, and BTC managed several days of positive – if highly volatile – trading it is not only trading in the red again, but technical analysis (TA) reveals that an even greater pullback may be imminent.
Technical analysis reveals likely crash for Bitcoin
As of April 25, Bitcoin is facing two sell signals from two generally reliable technical indicators, per an analysis posted on X by the prominent crypto expert Ali Martinez.
For starters, TD Sequential, a tool that uses past performance to identify a coming trend change – whether bullish or bearish – has flashed its own sell si
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