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Bitcoin is very likely to continue its upward momentum toward the price range of $86,000 to absorb the large number of sell orders. The $86,000 area could become the very last “hold-up/standstill” zone for Bitcoin before it eventually resumes its downward trend, because liquidity is still very thick above. For now, long positions are still more dominant than short positions. So the best position is to go long—I’m making a big bet on that.
What do you think about the current BTC/USD market, based on your view and the views of other traders? No matter what decision you make, keep it your own. Okay, see you—good luck, and enjoy your day, my friend. Profit greetings.