Trader Eugene: Bitcoin's strong rebound signals $60,000 as a solid bottom

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On February 7th, trader Eugene Ng Ah Sio posted on his personal channel that the current price action suggests everything is going smoothly, and the entry point for his long position yesterday looked perfect in retrospect. This is exactly the strong rebound he's been hoping for, indicating that $60,000 has become a solid support level. He will continue to monitor the market, but believes the possibility of further upward movement remains.

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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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