Trader Eugene: BTC is still subject to the key resistance of $110,000 and is expected to see a directional breakthrough this week
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Planet Daily News: Trader Eugene says that Bitcoin is currently constrained by the "ultimate BOSS" resistance level of $110,000, and is expected to experience a directional breakthrough this week. He points out that this area typically triggers a "binary trend": if it breaks downward, BTC may quickly fall back to around $100,000; if it breaks upward, it could rapidly probe up to $120,000 before entering a consolidation phase. He believes this week's trend will be crucial and highly interesting.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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