Whale James Wynn said in a post on the X platform that since the partial bottom of $74,000, Bitcoin has remained in the risk channel, bottoming out and becoming a support level only twice. It was predicted that there would be a breakout last Sunday, but the result was a fake move by market manipulators, who suppressed the price and lowered the price to liquidate all the investors who were long due to FOMO. Bitcoin now has huge psychological support 100,000 the dollar, 9.7-9 9,000 the dollar price has huge limit orders, and it is unknown whether the large market players have the ability to push the price down to this level. They seem to be exhausted. It is believed that the price will reach $118,000 next weekend, and there will be more volatility in the meantime, but please stay calm, don't rummage through your wallet, follow proper risk management, and expect new highs.
Web3 Desktop Trading Tool
Stay ahead of the game in the cryptocurrency space.