Orbit Markets Co-founder: Bitcoin may bottom out in the price range of $36,000 to $38,000
Co-founder of Orbit markets, Caroline Mauron, stated that the recent adjustment in Bitcoin price reflects the expansion positioning and technical factors surrounding Grayscale ETF, which should subside in the medium term. Technical analysis conducted using chart patterns indicates that Bitcoin may find support at a price range of $36,000 to $38,000. If these levels hold firm, there is even potential for a resurgence in Bitcoin price.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sahara AI: No unlocks or security incidents have occurred, investigation into abnormal market fluctuations is ongoing
CertiK: Approximately $127 million in confirmed losses from attacks, hacks, and scams in November
Data: Jeffrey Huang continues to increase his long positions in HYPE, with holdings surpassing 100,000 tokens