Technical analysis by DENCHMON about Symbol BTC: Sell recommendation (8/12/2024)
https://sahmeto.com/message/2534615
BITCOIN (BTC/USD) 12/08/2024
Sell
Price at Publish Time:
$58,457.83
Profit Target:
(+31.57%)$40,000

Bias as of drawing this idea is Bearish...62K appears to be holding resistance as price falls to test for support.A failure could mean a new test of 50k again, a failure to find a support could mean we see a test of 40k and then 30k.
Source Message: TradingView
