Mi Ge’s take on today’s action: Bitcoin plunged to $62,006 overnight, its lowest level since July 13, then bounced back throughout the day to around $65,427—up more than $3,400 from its overnight low and back above $65,000. Ethereum followed suit, hitting an overnight low of $1,711 and now trading around $1,834.
But don’t rush to call it a recovery: Bitcoin opened today at $67,212 and is still down. It remains about half its early-October peak of $126,000. Last Sunday’s close was $74,740, so if it closes here this week, that’ll make six consecutive weekly declines.
Mi Ge’s view in a nutshell: It’s good that Bitcoin held the overnight low of $62,006, but whether it can stay above $65,000 and then test $67,000 will be the next challenge. Nvidia’s Q3 earnings on Tuesday (November 17) are the key test. What do you think: before the weekend close, will BTC stabilize above $65,000, or retest $62,000?
#比特币夜里插针62006美元白天弹回65000美元
But don’t rush to call it a recovery: Bitcoin opened today at $67,212 and is still down. It remains about half its early-October peak of $126,000. Last Sunday’s close was $74,740, so if it closes here this week, that’ll make six consecutive weekly declines.
Mi Ge’s view in a nutshell: It’s good that Bitcoin held the overnight low of $62,006, but whether it can stay above $65,000 and then test $67,000 will be the next challenge. Nvidia’s Q3 earnings on Tuesday (November 17) are the key test. What do you think: before the weekend close, will BTC stabilize above $65,000, or retest $62,000?
#比特币夜里插针62006美元白天弹回65000美元