Technical analysis by YetAnotherTA about Symbol BTC: Sell recommendation (10/9/2024)

BTCUSD seem to be testing minor support around 61700 and if it breaks then likely we'll see 58300 very soon. More details in the video update.Moving as expected. Broke the 61700 support and trading at 60800 as of now. 60500 is also a minor support though I expect it won't hold, looking at the overall structure, and price should continue towards 58300.BTC hit 58880 and seem to be reversing from there. It might still continue down to test 58300 but probability has decreased so this can be closed at around 1000 points profit.