Technical analysis by SatochiTrader about Symbol BTC: Buy recommendation (8/11/2024)

We did add before about the expected correction for BTCLike the before 62K target, in the correction, there can come a high candle recovery trend as we have seen before to gain again 62KThere is a good chance that BTC will retest the 62K level again with a new liquidity volume after this correction trend.know that correction always enters with panic and manipulation trends.In the zone where we are now, BTC can find new LONG liquidity also with the new coming weekly chart start.we will follow the back trend to 62K level with updates.the reversal does not always go directly, in more times the trend should become first stable before a new increase starts.Follow always only your plan and risk management we are not advisors or get paid for it.Trading is more than just a simple basic update.