Trader Eugene: Bitcoin Expected to Oscillate in $74,000-$83,000 Range Barring Extremely Strong Benefits
In a post on his personal channel, trader Eugene said, "For those who are sharp and responsive, you could have made a killing in last week's macro news market. For most people (like me), it's better to get away from the keyboard and hold on to your cash. In an era where (crazy) people get to decide the valuation of a multi-trillion dollar market, the odds are that participants will opt for a defensive strategy. I expect the Bitcoin price to be squeezed between $74,000 and $83,000 unless there is an extremely strong positive cryptocurrency catalyst or a de-escalation in the tariff situation."
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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