BREAKING
305d 9h ago

Bitcoin Price Predictions: Trader Eugene Warns of Stability Amid Market Volatility

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

In a recent update from COINOTAG News dated April 11th, prominent trader Eugene expressed his insights on the current state of the cryptocurrency market. He emphasized that, for those adept at reading market trends, the previous week provided opportunities for significant profits amidst macroeconomic fluctuations. However, Eugene advocates for a conservative approach, recommending that many investors prioritize liquidity by holding cash to mitigate risks. As market dynamics become increasingly volatile, he suggests that stakeholders may gravitate towards a defensive investment strategy. Bitcoin’s price, he predicts, could oscillate within the range of $74,000 to $83,000 unless a compelling bullish catalyst emerges in the cryptocurrency landscape or if there are favorable changes in tariff policies. Investors remain vigilant, understanding the potential implications of market perceptions on their positions.

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