Bitcoin’s Future Hangs in Balance: Key Price Levels to Watch According to Top Trader Eugene Ng Ah Sio

COINOTAG reported on September 20 that prominent trader Eugene Ng Ah Sio highlighted on social media how the upcoming price movement is pivotal for Bitcoin’s medium-term and long-term trajectories. Although Michael Saylor initiated substantial Bitcoin investments in the $59,000 to $63,000 bracket, maintaining a price above $63,000 could signal a renewed bullish market. Conversely, a dip below this threshold might indicate heightened market volatility. Eugene suggests that the current 60-40 probability scenario has transitioned into a fresh phase, but anticipates this period to be the first substantial test.