Trader Eugene: BTC is still subject to the key resistance of $110,000 and is expected to see a directional breakthrough this week
Odaily News Trader Eugene said that Bitcoin is still subject to the final boss resistance level of $110,000, and is expected to see a directional breakthrough this week. He pointed out that this area usually triggers a binary trend: if it breaks down, BTC may quickly fall back to around $100,000; if it breaks up, it may quickly rise to $120,000 before entering a consolidation phase. He believes that this weeks trend will be very critical and interesting.
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