Technical analysis by L2Earned about Symbol BTC: Sell recommendation (8/12/2024)
https://sahmeto.com/message/2535691
BTCUSD - LONG TERM PROJECTION
Sell
Price at Publish Time:
$59,579.11
Profit Target:
(+72.68%)$16,277
Stop Loss Price:
(-6.70%)$63,568
This is my current outlook on BTC.I believe that BTC is currently at a premium price and to go any higher, price needs to be cheaper for more buyers to come in. As this is a very volatile asset, i expect a lot of profit taking in the coming weeks."May fortune attend thee, and thy trade prosper." .......L2Earned
Source Message: TradingView