2024

Bitcoin

Coin

<ul class="wp-block-list news-points"> 
 <li>Bitcoin is currently trading in an uncertain zone with industry members predicting $70,000.</li> 
 <li>The Bitcoin Liquidity HeatMap shows buying density at $61,000 if BTC breaks resistance.</li> 
 <li>Bitcoin is currently trading at $60,900, facing sluggish movement and an uncertain future.</li> 
</ul> 
Blockchain analytics platform Coinglass suggests traders should focus on their own strategies rather than chasing lofty price predictions. 
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#BTC</a> Today I saw many KOLs saying that BTC will break through 62,000, 65,000, and 70,000. What I want to say is don’t let others’ (including my opinions) affect you. You need to have your own trading rules. After all, in this market, we have at least a 50% winning rate, either… <a href="https://t.co/Lr6wBLKr4d" target="_blank" rel="nofollow">pic.twitter.com/Lr6wBLKr4d</a>— CoinGlass (@coinglass_com) <a href="https://twitter.com/coinglass_com/status/1826831505232199985?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 23, 2024</a>
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Coinglass’s comments come amid widespread speculation on Bitcoin’s potential to reach new highs. However, the platform reminded traders that the market is inherently unpredictable and emphasized the importance of having a well-defined trading plan. 
Meanwhile, the <a href="https://www.coinglass.com/LiquidityHeatmap" target="_blank" rel="nofollow">Bitcoin Liquidity Heatmap</a> showed strong buyer interest at $60,000 and $61,000. However, the leading digital asset has failed to retain price a…
The post <a href="https://coinedition.com/coinglass-focus-on-trading-rules-not-predictions/">Coinglass: Focus on Trading Rules, Not Predictions</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Coinglass: Focus on Trading Rules, Not Predictions

Coin Edition

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