Jiang Zhuoer: Bitcoin expected to hit the resistance range of $83,000 to $84,000, and will pull back after a "short squeeze"
1 hours ago
Jiang Zhuoer, founder of LeBit Mining Pool, noted in a post that Bitcoin has halted its decline and rebounded before falling below $75,000, aligning with his earlier forecast. Given the recent rapid rally, Bitcoin may test the high resistance zone of $83,000 to $84,000 next. After short positions are liquidated, Bitcoin still has a chance to pull back to the $72,000 to $74,000 range to further clear out long positions.
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