Trader Eugene: BTC Still Constrained by the Key $110,000 Resistance, Directional Breakout Expected This Week
According to Odaily Planet Daily, trader Eugene stated that Bitcoin is still constrained by the $110,000 “final boss” level of resistance, and a decisive breakout is expected this week. He pointed out that this area typically triggers a “binary move”: if it breaks downward, BTC may quickly fall back to around $100,000; if it breaks upward, it could rapidly surge to $120,000 before entering a consolidation phase. He believes this week’s price action will be crucial and highly noteworthy.
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.
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