BREAKING
503d 2h ago

Bitcoin Market Structure Shifts Above $65,000: Insights from Reflexivity Research Founder Will Clemente

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

COINOTAG reported on September 25 that Will Clemente, the founder of Reflexivity Research—a prominent crypto analysis firm—shared valuable insights on social media. Clemente remarked, “It is psychologically very difficult to switch from trying to cut profits on rebounds to letting winners continue to rise during shocks. In my opinion, Bitcoin confirms that changes in market structure above $65,000 are the threshold for risk appetite and shifting this bias.” His expert analysis underscores a critical point in market behavior, particularly emphasizing the psychological challenges traders face. This insight is crucial for investors aiming to navigate the complex dynamics of the cryptocurrency market, highlighting the importance of strategic decision-making amidst market fluctuations.

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