Golden Finance reports that Greeks.live has published a community briefing, which points out that despite today's price rise, the community still seems to hold a mid-term bearish attitude, with most traders expecting continued fluctuations after the recent market movements. Key Bitcoin price levels to follow include the support level of $79,000 and the resistance level of $83,300. If the current momentum continues, $85,000 may be a potential rotation target price for Bitcoin. Traders note that position management is crucial in the current situation, as most people will take profits after a rise of over 70% due to the rapid market reversals.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
Greeks.live: If the current momentum continues, the potential rotation target price for Bitcoin may be $85,000.
Golden Finance reports that Greeks.live has published a community briefing, which points out that despite today's price rise, the community still seems to hold a mid-term bearish attitude, with most traders expecting continued fluctuations after the recent market movements. Key Bitcoin price levels to follow include the support level of $79,000 and the resistance level of $83,300. If the current momentum continues, $85,000 may be a potential rotation target price for Bitcoin. Traders note that position management is crucial in the current situation, as most people will take profits after a rise of over 70% due to the rapid market reversals.