Technical analysis by UnknownUnicorn285026 about Symbol BTC: Sell recommendation (8/10/2024)
https://sahmeto.com/message/2529632
UnknownUnicorn285026
Rank: 5174
Analytical Power:
1.6
Bitcoin Correction: $54k or a Drop Below $50k?
Sell
Price at Publish Time:
$60,749.09
Profit Target:
(+25.90%)$45,018

🪙 Hello everyone. Cryptocurrencies are poised for a correction. I expect Bitcoin and altcoins to move down from their current prices. The main question remains: are we heading for a near-term correction to 54K-55k, or will we drop below $50,000, possibly to the 40k range.BTC Liquidation Heatmap:coinglass.com/pro/futures/LiquidationHeatMapIndicator for TradingView:tradingview.com/v/OTW4Ch6P/1D:
Source Message: TradingView