Technical analysis by TSFC about Symbol BTC: Buy recommendation (8/26/2024)

Overall, nothing is happening globally, we have been trading within the MDB of May 21 and we continue to do so - the market has been particularly boring for the last two weeks😐As for the local outlook, either through liquidity removal around the $65,300 level, or immediately - it makes sense to expect #BTC to drop to the $62,581 and $61,646 levels, where we will try to gain a small position on the rebound.Targets on BTC from the local review of August 26 have been achieved - the price reached both the level of 62,581 and $61,646 (the level of 200% of the blue model). As we planned on Monday, we gained a small position in this range. We will look at the targets as we move - there is a very high level of determination.In case the price goes down and the position is taken out by the stop, we will look for a new entry point, but with a more significant amount.