Greeks.live: The market is fluctuating within a narrow range, with most traders predicting that BTC will fall to the level of 84,000-85,000 US dollars
Greeks.live released a community brief, revealing that most traders expect BTC to fall to the level of 84,000-85,000 USD. Others have noted that the market is fluctuating within a narrow range. The key resistance worth noting is at 88,400 USD where a large number of passive sell orders were observed. Potential support lies at 77,000 USD which some traders refer to as "the definite bottom".
GameStop announced it might purchase Bitcoin worth 1.3 billion USD; this has been met with skepticism in the market and described as "a meme investing in another meme as a meme". Some believe this could trigger "a slight rebound of Bitcoin to 90,000 USD", but its impact pales compared to catalysts like BlackRock and Trump.
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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