Greeks.Live: Most traders are skeptical about the recent BTC breakout, and the daily timeframe still shows a bearish structure.
According to Odaily, Greeks.Live researcher Adam released a briefing stating that there is a serious division of opinion within the community. The strongly bearish camp believes that since the launch of IBIT options on November 19, 2024, BTC has undergone a fundamental change, has continued to perform poorly, and has not shown any upward volatility during US trading hours. Key levels to watch include potential volatility around January 6, but most traders remain skeptical about any major breakthroughs by the end of the year, and the daily timeframe still shows a bearish structure.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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