Technical analysis by Oxjonk about Symbol BTC: Sell recommendation (8/3/2024)

$58K BTC before September? @0xjonk on X.com elliot wave theory - looks like we're in a correction after wave 5 at $70k. we touched the weekly fair value gap briefly, but fixed volume range shows that if $60K doesn't hold (which we haven't tested yet)...there's no support until $58K. which is also the CME gap...