Technical analysis by ranxero46 about Symbol BTC: Sell recommendation (9/1/2024)

The bearish breakouts from 11th June and 2nd August were filled before BTC continued further down. Two bullish breakouts from 5th and 8th of August are still unfilled and I'm expecting price to reach down at least to the one from 8th of August before we will either see a bullish rejection or price will continue to fall. If price breaks below the 50k level next support further down will be between 40-44k.