🚨‼️‼️‼️ Why does $BTC bounce back when it hits $7,300 and $7,500?
This is a common question among investors.
Let me explain:
$BTC investors aim to keep the market within the range of $60,000 to $80,000 to maximize profits and market value. They understand that if BTC falls below $50,000, about 90% of traders might close their positions, disrupting market balance.
To maintain stability, they work to keep $BTC above key levels. Therefore, it's wise to consider buying BTC/USDT when it approaches $68,000 and $70,000. This strategy helps ensure you are well-positioned for potential gains as the market moves.
Understanding these dynamics can give you an edge in your trading decisions. Always keep an eye on these critical price points and stay informed about market movements.
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