Technical analysis by TraderNo007_ about Symbol BTC: Buy recommendation (8/31/2024)

Considering a Short-Term Long Trade on Bitcoin: Target — 60,180 USDI am currently planning to open a short-term long position on Bitcoin with a target of 60,180 USD. The entry will be made after retail traders’ stop orders have been collected at the support level. This will provide additional confirmation of the strength of the level and the potential for a reversal.Overall Market SituationAs I mentioned in my previous idea, Bitcoin still holds a bearish sentiment overall. However, even in a downtrend, there are opportunities for short-term long positions. I recommend checking out my previous idea in my profile for a more comprehensive understanding of the current market situation.Your Opinion MattersDon’t forget to leave a comment and give a like if you find this idea interesting. Your feedback and opinions are always valuable to me!Detailed Analysis