Greeks.live: Bitcoin has been fluctuating in the $105,000–$110,000 range for too long, lacking a clear direction
Odaily Planet Daily reports that Adam, a macro researcher at Greeks.live, has released a briefing to the Chinese community, highlighting that the group is generally anxious about the current market. They believe Bitcoin has been consolidating in the $105,000–$110,000 range for too long, lacking a clear direction. Traders are focusing on $107,000 as a key support level for Bitcoin, with a consensus that if this level is breached, market sentiment will turn pessimistic. At the same time, they are looking for volatility to be triggered by a potential false breakout to new highs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Jim Cramer Ties CPI Relief to $40 Oil, but Brent Trades Over $92
New Zealand Dollar strengthens despite decreasing RBNZ rate hike odds
Report: Anthropic Plans to Raise Issuance Price, Seeks $1.5 Trillion Valuation, and Aims to Raise Over $100 Billion
Anthropic's IPO roadshow received strong investor demand within less than a day, prompting underwriters to consider raising the offering price to above $78 per share. The company’s valuation is expected to surpass 1.5 trillions USD, with total fundraising likely to exceed 100 billions USD. According to three Anthropic shareholders, the company's main goal is to raise as much capital as possible to support its extensive computing power expenditure plans.
Crypto prices
More
