Crypto Trader Recently Warned That We Are in a Sell Zone for BTC

full version at coinedition

IncomeSharks tweeted that the majority of traders and investors are bullish in the wrong places.
According to the trader, the crypto market leader is approaching a sell zone.
At press time, BTC’s price is down 1.91% but remains 31+% up over the last week.

The crypto analyst and trader, IncomeSharks (@IncomeSharks), tweeted yesterday that “people get bullish at the wrong spots,” and referenced the crypto market leader, Bitcoin (BTC). According to the tweet, traders and investors should not buy into BTC now if they did not purchase BTC at $20K.

The trader added that the best time to buy a crypto is when there are red candles, stating that “[people] really need to start waiting for red candles to buy and green candles to sell.” The tweet concluded with IncomeSharks stating that we are heading into a sell zone for BTC.

At press time, CoinMarketCap shows that BTC’s price has dropped 1.91% over the last 24 hours. As a result, BTC is currently trading at $27,022.53. Nevertheless, BTC’s price is still up more than 31% over the last 7 days. The market leader currently occupies the number 2 spot on CoinMarketCap’s trending list as well.