Technical analysis by yonitrades about Symbol BTC: Buy recommendation (8/3/2024)

BTC has been getting hammered this week along with equities. I did not post my idea here, but I was short. Currently closed all shorts and flipped long. It is a long shot, but it is worth a try! It is hard to forget about the bigger trend when we see downtrends such as this one. Very clear invalidation as outlined in the chart.Trade closed: stop reached: Invalidated! Stop reached