Mars Finance News, on April 7, a top trader Eugene Ng Ah Sio posted on his personal channel that the BTC position he bought the dips and established last Friday (which he had previously reduced) was automatically liquidated today due to breaking through the stop-loss price during the decline. Last Friday, Eugene had stated that Bitcoin's support level was very solid, and Bitcoin's relative strength during the market crash could not be ignored. He established a position at $83,200 and believed that the S&P 500 bottom at 5,100 points was credible, and any stock market recovery would theoretically boost Bitcoin's surge.
Trader Eugene: The BTC positions that I buy the dips last Friday have been liquidated in today’s decline
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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