Orbit Markets: Bitcoin may bottom at $36,000 to $38,000
Caroline Mauron, co-founder of Orbit markets, stated that the recent adjustment in Bitcoin price reflects the expansion positioning and technical factors around Grayscale ETF, which should fade away in the medium term. Technical analysis using chart patterns indicates that Bitcoin may bottom out at a price range of $36,000 to $38,000, and if these levels hold, Bitcoin prices may even rebound.
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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