Eugene Ng Ah Sio wrote on X: "My views on the bull market do not mean that I will blindly desire more profits as prices rise. For me, the 6.5-6 8,000 dollar area is a reasonable profit area for early buyers. Many wait-and-see funds will make the final capitulation level at 65,000 dollars, which may also mean the last upward momentum.
I don't think the $70,000 cap will be breached before the election, so I won't choose to increase my position here. I've been in take profit, and if it hits $68,000, the market may continue to be more aggressive. I'd prefer to choose Bitcoin to liquidate and fall to the 60,000 area before re-entering the market. "
Trader Eugene: BTC will not break through $70,000 before US election
2024-09-25 07:05:01
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