{"id":643663,"date":"2024-09-21T20:00:25","date_gmt":"2024-09-21T20:00:25","guid":{"rendered":"https:\/\/ktsl888.com\/?p=643663"},"modified":"2024-09-21T09:58:14","modified_gmt":"2024-09-21T09:58:14","slug":"bitcoin-rally-time-to-sell","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-rally-time-to-sell\/","title":{"rendered":"Analyst Who Predicted The Bitcoin Rally Reveals Time To Sell"},"content":{"rendered":"
Bitcoin <\/span>has performed well <\/span><\/a>in the past few days after experiencing a strong downturn in the first two weeks of September. This rally kickstarted in the middle of this week after the <\/span>Fed decided to slash the benchmark<\/span><\/a> interest rate by 50 basis points (bps), a move that proved positive for cryptocurrencies.\u00a0<\/span><\/p>\n Notably, this rally was already predicted by a few crypto analyst through technical indicators. One of such is Ali Martinez, who is a master of the TD Sequential. However, in an interesting turn of events, the analyst has highlighted the case for investors to “book some profits,” which is a sign of potential price correction up ahead.\u00a0<\/span><\/p>\n Bitcoin, which struggled to gain momentum earlier in the month, entered a strong rally that began to take shape midweek. This rally saw Bitcoin break above $63,000 again and <\/span>increase its market dominanc<\/span><\/a>e. Furthermore, the rally peaked at $63,830, reflecting an increase of about 20.77% from a low of $52,827 on September 6.\u00a0<\/span><\/p>\nAnalyzing The Bitcoin Rally<\/h2>\n