CandleFocus Top Trader Says $80,000 the ‘Biggest Test’ for Bitcoin (BTC) – Here’s Why
2024-11-06
Author: Content Editor
The Flow Horse, a popular crypto trader, believes that $80,000 is a crucial level for Bitcoin. If Bitcoin can surge to around $80,000 and maintain or surpass this level, it may signal the continuation of the bull market. However, if it falls short and drops back into the previous range, it could be a negative sign for the market. The Flow Horse also noted that investors appeared to be leaning bearish heading into the US election. He emphasized the importance of Bitcoin holding $67,500 as support to remain in an uptrend. As of the time of writing, Bitcoin is trading at $74,839, showing a 9.2% increase in the last 24 hours.
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