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BTC Traders Eyeing Profit-Taking and Buying Levels Amid Market Trends | Flash News Detail | Blockchain.News
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9/7/2024 5:28:24 PM

BTC Traders Eyeing Profit-Taking and Buying Levels Amid Market Trends

BTC Traders Eyeing Profit-Taking and Buying Levels Amid Market Trends

According to @GreeksLive, traders were keen on taking profits from BTC shorts around the $49k-$51k range and are now looking to buy at $45k. This scenario is reminiscent of January 2024 when traders aimed to buy at $35k but the market bottomed at $38.6k. Currently, there is a consensus to short the pumps, indicating a cautious market sentiment.

Source

Greeks.live

@GreeksLive

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