Post
Topic
Board Speculation
Re: What are your TAUGHT on Bitcoin move?
by
tabas
on 23/08/2024, 08:49:47 UTC
What is your opinion about BTC move?. I have an open order for long on my Bingx account around $56k

I don't know if there will be a reversal to that zone, but am waiting patiently
If you are doing futures and you haven't done any analysis, if this is a case for you then you better close that order and stick to the spot market. No one knows what's next if the thing that you're trying to spot or guess is about the short term. Most of us here are positive for the upcoming months that BTC is no doubt will have its reversal after it has plummeted a lot. But seeing it stay on $60k is still considered as a good sign that we're having a good day. So, if you're waiting patiently, just keep on waiting because even us we're also waiting for that day until Bitcoin hits new ATH on this cycle. It could after a few months, next year, we don't know.