BlockBeats news, on December 23, well-known trader CrypNuevo stated, “Before the market rebounds more broadly, there has been a decline in the market, and the key point to follow is the low point near $90,000 in early December. Now, I still think we may retest those lows. It’s hard to imagine that we will see a V-shaped rebound from here. I’m more inclined to see a W-shaped pattern, or completely fill the lower shadow. Ideally, filling the lower shadow completely, as $90,000 is a strong psychological barrier.” (Cointelegraph)
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Trader: BTC may test the support level below $90,000
BlockBeats news, on December 23, well-known trader CrypNuevo stated, “Before the market rebounds more broadly, there has been a decline in the market, and the key point to follow is the low point near $90,000 in early December. Now, I still think we may retest those lows. It’s hard to imagine that we will see a V-shaped rebound from here. I’m more inclined to see a W-shaped pattern, or completely fill the lower shadow. Ideally, filling the lower shadow completely, as $90,000 is a strong psychological barrier.” (Cointelegraph)