Q: A well-known trader says Bitcoin has bottomed near $68,000 and is buying heavily. What do you think?
A: It’s neutral news. Price movements still depend on overall market sentiment. A valid breakout needs to be accompanied by volume; a breakout on declining volume will most likely return to the range.
$BTC .
A: It’s neutral news. Price movements still depend on overall market sentiment. A valid breakout needs to be accompanied by volume; a breakout on declining volume will most likely return to the range.
$BTC .