Top trader Eugene Ng AhSio said in a post on social media that the price action over the next few days will be crucial in determining the direction of bitcoin in the medium and long term.
Although Michael Saylor was the original buyer of Bitcoin in the $59,000 to $63,000 range, if the price of Bitcoin can maintain above $63,000, it means that the net direction of the market is up again. If it falls below that level, the market may return to a volatile market. I think the current situation is that the 60-40 probability has entered a new situation, but this will be the first real test.
Top trader Eugene: The price action in the coming days will determine the medium and long-term direction of Bitcoin
2024-09-20 14:52:14
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