Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Orbit Markets Co-founder: Bitcoin may bottom out in the price range of $36,000 to $38,000

Orbit Markets Co-founder: Bitcoin may bottom out in the price range of $36,000 to $38,000

2024/01/24 08:17

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.

0
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

SpaceX’s volatility drops significantly, Musk makes bold claim that revenue will reach $3.5 trillions by 2033

JPMorgan previously predicted that SpaceX would achieve $3.5 trillion in revenue by 2040. Elon Musk's recent statement advanced this forecast by seven years, causing SpaceX's stock price to climb slightly near the close. Over the past three weeks, SpaceX's stock has experienced narrow fluctuations, and its options' implied volatility has dropped from over 120 before the earnings report to 57. Currently, bullish sentiment in the options market is rising.

华尔街见闻2026/08/27 22:06