CandleFocus Bitcoin Bulls Ignore the Drop! Analyst: "If This Level Is Broken, BTC Will Go to $100K Quickly!"
2024-09-30
Author: Content Editor
Bitcoin and other cryptocurrencies started the week with lower prices as investors awaited a speech by Federal Reserve Chair Jerome Powell and unemployment data. Despite the decline, Bitcoin has been on a three-week uptrend, supported by investors buying call options. The purchase of call options at the $75,000 expiration price and higher levels suggests a potential breakout that could push the price to $100,000. This breakout would also indicate a resumption of the broader uptrend from the lows of October 2023. However, it is important to note that this information is not investment advice.
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