Top Trader Eugene: Price Movements in the Next Few Days Will Determine Bitcoin's Medium and Long-Term Direction

Article is form Jinse
September 20, 2024
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Golden Finance reports that top trader Eugene NgAhSio posted on social media that the price trend over the next few days will be crucial, determining the medium-term and long-term direction of Bitcoin.

Although Michael Saylor was the initial buyer of Bitcoin in the $59,000 to $63,000 range, if Bitcoin can maintain above $63,000, it means the net direction of the market is upwards again. If it breaks below this level, the market may return to a range-bound movement. I think the current situation is that the 60-40 probability has entered a new situation, but this will be the first real test.

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