Post
Topic
Board Speculation
Re: What are your TAUGHT on Bitcoin move?
by
SamReomo
on 24/08/2024, 23:42:14 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
No one actually knows that Bitcoin will go down to $56k again or not but I think there's some chance to see another drop in the month of September. And, if that drop takes place then that would be the last price correction of this year because in October to December we may see Bitcoin at $70k or above it.

I suggest you to keep your order open and if somehow Bitcoin goes back to $56k or below it then you'll surely make profit by holding your position for some months. I'm among those optimistic people who believe that Bitcoin will cross $100k or at least reach $100k in this bull run and that's why I'll always suggest you to hold your position and not sell it below $80k if you want some good profits.