Post
Topic
Board Trading Discussion
Re: BTC falls below $92 in the last 24 hours
by
Z_MBFM
on 16/01/2025, 14:40:04 UTC
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?
Yes it was a great opportunity for traders especially those who are doing short term trading it was a great opportunity to make good amount of profit. After the Bitcoin price went to $89k it quickly recovered and hit 100k during which time many traders made huge profits. Because the alts went down a lot with bitcoin.  Especially those who traded with NEAR, TON, SOL, BNB and BTC were very safe and made very good profits.  It is highly unlikely that Bitcoin price will take a major down now and only 3 days from Donald Trump's inauguration, more positive impact on Bitcoin price will be seen.