Bitcoin is flashing a sell signal that's pointing to a 10% drop ahead, technical analyst says
Crypto's total market cap dropped nearly 7% in the last day to $3.41 trillion.
Getty Images; Jenny Chang-Rodriguez/BI
- Bitcoin could be headed for a multiweek correction, according to Katie Stockton.
- The strategist said bitcoin was flashing a "sell" signal, given recent trading patterns.
- She predicted the crypto could find support around $84,500, implying a 10% drop from current levels.
Bitcoin's post-election momentum has weakened, and the crypto could soon see a sell-off that stretches on for weeks...
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