Crypto strategist Ali Martinez warns that Bitcoin’s TD Sequential indicator is signaling a possible corrective move. The indicator suggests trend reversals by tracing price points. Martinez emphasizes that the indicator is flashing sell signals on BTC weekly and three-day charts. He also notes that BTC miners have been selling off their holdings since the cryptocurrency surged past $34,000 in late October. Over 5,000 BTC, worth around $175 million, have been unloaded. Ethereum has reclaimed the $2,000 threshold, even before whale investors have started buying.
AI Sentiment: Negative