BTC Price Movement This Week Will Chart the Course for the Medium to Long Term

IconCryptoNewsTerminal Staff20 Sep, 2024

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BTC Price Movement This Week Will Chart the Course for the Medium to Long Term

Eugene Ng Ah Sio, a renowned trader on Binance Futures, stated on X that "the BTC price activity over the coming days will likely dictate the medium to long-term direction. If BTC can sustain a position above $63,000, the market will establish bullish momentum; otherwise, we may encounter another period of sideways movement."