Reflexivity Founder: Bitcoin Must Break Through $65,000 Level to Confirm Bull Market Continuation
ChainCatcher message, the founder of the crypto analysis firm Reflexivity Research, Will Clemente, stated on social media that it is psychologically very difficult to shift from trying to cut profits during a rebound to allowing winners to continue to rise amid volatility. In my opinion, confirming a change in market structure for Bitcoin above $65,000 is the threshold for risk appetite and shifting this bias.
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