Technical analysis by Ozymandias1998 about Symbol BTC: Sell recommendation (8/30/2024)

https://sahmeto.com/message/2574149

Ozymandias1998

Rank: 3918

Analytical Power:

1.7

Bitcoin final chance otherwise it going down.

:Sell

Price at Publish Time:

$59,058.7

Profit Target:

(+11.95%)$52,000

Bitcoin has been ranging since last April with multiple fake outs up and down, but as both fundamentals and technical are getting weak. there is a chance that if bitcoin did not break above the drawn box, it will crash to 42k to flush the leveraged longs.TP 1 taken.TP 2 taken.

Source Message: TradingView